PropertyInvesting.com | tep846 | Activity https://www.propertyinvesting.com/members/tep846/activity/ Activity feed for tep846. Fri, 17 Apr 2026 08:31:38 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2da3a8751f9b3aaf5bec71858a98429e tep846 replied to the topic Seek advice on buying poor condition property in the forum Help Needed! https://www.propertyinvesting.com/topic/4398801-seek-advice-on-buying-poor-condition-property/#post-4617324 Wed, 17 Feb 2010 07:16:38 +0000 maree_bradross wrote:
I would reduce my offer by what it is going to cost  you to have the issues rectified or ask for the vendor to rectify them prior to settlement at your original offer price (that is if you still want the property?)

Can I? I wish I could do that. The contract has been signed by both of me and the vendor.

]]> ad04407cf3aa60e0e813be35d921cbd4 tep846 replied to the topic Seek advice on buying poor condition property in the forum Help Needed! https://www.propertyinvesting.com/topic/4398801-seek-advice-on-buying-poor-condition-property/#post-4617323 Wed, 17 Feb 2010 07:15:25 +0000 JacM wrote:
Well if you don't proceed, your mortgage broker doesn't get paid at all.  So his advice at this point won't necessarily be in your best interest.  If you don't proceed, your solicitor will earn less money.I would probably call another solicitor and ask them what they would do in this situation.  It is generally better to try and us…[Read more]

]]> 950f2a8bb3910c39fb6069959e99b5f3 tep846 replied to the topic Seek advice on buying poor condition property in the forum Help Needed! https://www.propertyinvesting.com/topic/4398801-seek-advice-on-buying-poor-condition-property/#post-4617319 Wed, 17 Feb 2010 05:47:57 +0000 I forgot the exact wording. It think it says "subject to financial approval", and nothing is mentioned about acceptable to the purchaser. The bank has not seen the building inspection report. I don't know whether the finance still be available if they saw it.My solicitor just told me to accept that property. Even the brand new property has some…[Read more]

]]> ee76d9191b1b4609c35e367d74a46e72 tep846 replied to the topic Seek advice on buying poor condition property in the forum Help Needed! https://www.propertyinvesting.com/topic/4398801-seek-advice-on-buying-poor-condition-property/#post-4617317 Wed, 17 Feb 2010 05:29:47 +0000 Yes I have signed the contract of sale. The agent asked me to sign the contract when making the offer. Yes it is subject to finance and pest and building inspection, which I can get out of the contract if there is a major structural defects only. The house is in Broadmeadows, and the land is around 300m2.

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