All Topics / General Property / Considering selling due to interest rate concerns?

Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763
    February 17, 2005 - 7:15 am

    Hi,

    Can you help me?

    I’m looking for one or two people who are
    either:

    1. Thinking about selling, or
    2. Have a property on the market at the moment

    because they are worried about possible movements in interest rates.

    If you fit the bill then can you please either send me a personal message asap? Otherwise, reply to this post and I’ll email or PM you.

    Thanks,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of MonopolyMonopoly
    Member
    @monopoly
    Join Date: 2004
    Post Count: 1,612
    February 17, 2005 - 8:10 am

    Hi Steve,

    Sorry I am in neither position, and as such can’t help. But your question has sparked my curiousity; are you looking at negotiating a good deal with someone who may want out of the property market??? (which I’m sure will be a few once IRs start to escalate).

    Cheers,

    Jo

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763
    February 17, 2005 - 10:07 am

    No Jo.

    Someone I know in the media would like to speak to them about a story that is unfolding.

    Bye,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of MonopolyMonopoly
    Member
    @monopoly
    Join Date: 2004
    Post Count: 1,612
    February 17, 2005 - 10:33 am

    Fair enough Steve,

    Just keep away from Jenman; his last blog on his website was NASTY!!! [blush2]

    Cheers,

    Jo

    Profile photo of Brad1mBrad1m
    Participant
    @brad1m
    Join Date: 2004
    Post Count: 26
    February 17, 2005 - 2:26 pm

    Hi Steve :

    Bye the way , your Books are great , The MAP was excellent and the book was highly enlightening.

    I just sold a vacant block, simply because im speculating that the land wont have extra-ordinary gains over the next 5 or so years ? Pure speculation, decision was based on interest rates and what appears to be a slowing and even slight reversal of some property prices.

    Cheers

    http://www.agentfreeproperty.com.au

    Profile photo of shaunwalkershaunwalker
    Member
    @shaunwalker
    Join Date: 2003
    Post Count: 403
    February 17, 2005 - 11:18 pm

    i put a unit up for sale june last year, but didnt get any offers after 3 months.
    it was giving a 8% yeild too!
    i ended up keeping it, got bodycorp to approve lock up garages which go in once we get council approval.
    moving back into it for the next 12 months and refinancing. then sitting back and wait for some direction in the market.
    cheers
    shaun

    Lead, Follow or get out of the bloody way

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763
    February 19, 2005 - 11:00 pm

    Hi,

    Thanks for replying!

    I’ll be in touch with you early next week.

    Cheers,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

Viewing 7 posts - 1 through 7 (of 7 total)

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