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Old 10-08-2018, 04:42 PM   #721
DoreSlamR
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Default Re: Australia housing bubble

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Originally Posted by XB GS 351 Coupe View Post
May be if you keep getting knocked back the bank might be trying to tell you something...
Loan approved.

I guess what they were trying to tell me is to not give up at the first hurdle.

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Old 10-08-2018, 04:52 PM   #722
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Default Re: Australia housing bubble

Congrats mate !
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Old 10-08-2018, 05:08 PM   #723
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Default Re: Australia housing bubble

good stuff bud
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Old 10-08-2018, 05:10 PM   #724
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Default Re: Australia housing bubble

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Originally Posted by DoreSlamR View Post
Loan approved.

I guess what they were trying to tell me is to not give up at the first hurdle.

Nice one

Now smash the debt as best you can and build a buffer
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Old 10-08-2018, 06:58 PM   #725
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Default Re: Australia housing bubble

Cheers guys.

The second battle begins now, dealing with incompetent real estate agents lol
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Old 10-08-2018, 07:33 PM   #726
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Default Re: Australia housing bubble

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Cheers guys.

The second battle begins now, dealing with incompetent real estate agents lol
Mate that's a small drop in the ocean, once it's all signed etc you dont have to deal with them anymore. The real estate agent I bought my house from was a complete twat. Its waiting for the settlement period to be over so you can move in is what seems like forever.
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Old 10-08-2018, 08:44 PM   #727
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Default Re: Australia housing bubble

Lol I had some real estate agent give me **** even when I offered above list price. He was a **** to be honest.

This place I think was listed for I think $419+k or so if I recall correctly, I offered $425k without contingencies. He basically suggested I was bargain hunting.

I think it sold for $460k in the end game which surprised me. I think it was a rip off but the comp looks good for everyone after that.

Gift of the gab and all that. The place I bought for $430k is heaps better in the end
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Old 10-08-2018, 08:54 PM   #728
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Default Re: Australia housing bubble

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Originally Posted by MITCHAY View Post
Lol I had some real estate agent give me **** even when I offered above list price. He was a **** to be honest.

This place I think was listed for I think $419+k or so if I recall correctly, I offered $425k without contingencies. He basically suggested I was bargain hunting.

I think it sold for $460k in the end game which surprised me. I think it was a rip off but the comp looks good for everyone after that.

Gift of the gab and all that. The place I bought for $430k is heaps better in the end
My negotiations happened at a time that is sort of like winning the lotto. They wanted 490 I paid 460. The bloke was in the delivery room whilst his wife was um... yeah. Couldn't have timed it better. I offered 430 but I was low balling hard. Either way the bank was happy enough. The broker I used has known me since I was a child and my dad is his director, or was before he retired in 2004. And I bought the place in 2012.
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Old 10-08-2018, 08:56 PM   #729
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Default Re: Australia housing bubble

Quote:
Originally Posted by MITCHAY View Post
Lol I had some real estate agent give me **** even when I offered above list price. He was a **** to be honest.

This place I think was listed for I think $419+k or so if I recall correctly, I offered $425k without contingencies. He basically suggested I was bargain hunting.

I think it sold for $460k in the end game which surprised me. I think it was a rip off but the comp looks good for everyone after that.

Gift of the gab and all that. The place I bought for $430k is heaps better in the end
I hate it when real estate agents put price ranges or offers above.

When we were looking I offered them $1000 above the botton price in a price range and the real estate agent said my offer would have to be higher. I told him that is my offer and it would be up to the owner to make a counter offer. He said he wouldn't be submitting that offer but I told him he was compelled to under legislation.

All I was told was the offer was not accepted, no counter was made. It was a shame, we would have bought it if we could've come to an agreement.
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Old 10-08-2018, 09:15 PM   #730
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Default Re: Australia housing bubble

I understand people low ball but when you offer over list price and in my case was $6k and the real estate agent says you're bargain happening is a load of ****.

I know for a fact I could of got my place cheaper if I wanted to go back and forth for a while but I just wanted to lock it down.

It was weird I somehow got a 3bed, 2bath, 2garage with a pretty big courtyard without much fight despite the traffic.

Lucky for me. I painted it, put new carpet in, new curtains and blinds. And even then it's mostly cosmetic to do renos.
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Old 13-08-2018, 02:37 PM   #731
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Default Re: Australia housing bubble

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Originally Posted by MITCHAY View Post
..........He basically suggested I was bargain hunting..........





And the problem with this is?

I'm bargain hunting on most purchases, Are there people out there trying to have the price doubled before committing?
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Old 01-09-2018, 06:56 AM   #732
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Default Re: Australia housing bubble

Major news papers are very quiet on the housing market. I suppose when you make all your money from Domain and RE.com why would you report the truth. Lots of blue chip Inner Melb properties are being passed in in Melb and then sitting for a long time for sale. Prices are dropping.
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Old 11-09-2018, 09:29 PM   #733
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Default Re: Australia housing bubble

http://www.abc.net.au/news/2018-09-1...gnant/10231796
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Old 12-09-2018, 12:00 PM   #734
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Default Re: Australia housing bubble

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Melbourne and Sydney markets are stagnating, but outside those 2 it's going strong still, especially some regional area's.

Geelong is surging ahead as there is much more demand than there is supply. Land prices have increased 10% already this year.
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Old 22-09-2018, 06:18 PM   #735
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Default Re: Australia housing bubble

https://www.9news.com.au/2018/09/16/...onomy-property
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