Forum Replies Created
- Dubstep wrote:
Gums on Gold !
Sounds like a retirement home Dubs.
Even the projections in last week’s AFR had Sydney and Melbourne as the preferred options for growth over the next 3-5 years.
Depends what you’re after. A complete marketing package would cost you around 5% +gst as opposed to just the selling comms.
There should be flood plans available on council’s website. Even the main street is subject to innundation, just look at the elevated kerbs.
Maitland was bolstered with plenty of ex-state govt money to win votes so there are more than 10 govt agencies up there.
You might consider some of the newer areas like Green Hills, Thornton or East Maitland.
There have been previous posts on the topic, use the search function.
If a valuation has been done properly, the valuer can only use completed sales as evidence as those sales which haven’t settled still have a chance of failing. The valuer can consider recent transactions however cannot list these in their rationale – being the devil’s advocate, if they used an incomplete sale and it failed to complete, the valuation was later challenged by the lender or insurers due to a default by the borrower the sales the valuer relied upon would not exist and the valuer may be liable for a faulty valuation.
If a valuation has been done properly, the valuer can only use completed sales as evidence as those sales which haven’t settled still have a chance of failing. The valuer can consider recent transactions however cannot list these in their rationale
The owner should have watched what he was disclosing to others.
JacM wrote:true, close enough for illustration tho. edited for precisenessI am just a pedant
Jacm
Your numbers are slightly skewiff but good for demonstrating your point:
$12 * 52 / .08 = $7800
As serious as you can be after a few gottles o fred (sic).
Market it as a 1 bed + study/2nd bed – create that point of difference. Declutter & style appropriately to suit the marketing story, move all the excess into storage.
I came across this mob the other day – may be of interest: [email protected]
About $65k plus site costs and approvals. They're based out in Liverpool.
Which explorers discovered the area (Batman? Hume? Hovell? etc)
Maybe after some of the first settlers in the area?
They're a good starting point – even for street names.
Latest feedback from the NSW courts is that the builder doesn’t require home warranty insurance if multi storey & defect rectification through body corporate will need to be fought in the courts not with fair trading.
https://www.propertyinvesting.com/forums/legal-accounting/4346406
Usually the best option is to sell first then buy as you are free of your mortgage for a while otherwise the agent will put additional pressure on you to take a low ball offer to close the deal and you will lose out.
JacM wrote:Lawyers are not cheap.But they are easy
This morning, the +1 didn't like where the house sat on the block so I moved it 3" to the left
Never been advised to do it – I may have an equitable interest in the property but until full restitution is made (or a massive price adjustment provided) there'd be no way I would be able to settle – 1) bank would pull finance 2) my insurer would not pay out on something that I didn't own 3) property is not in the same condition as when inspected and contract agreed
Having to take out insurance prior to settlement is a Qld thing. Not the done thing in NSW>