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Old 09-08-2021, 03:43 PM   #1559
BENT_8
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Join Date: Feb 2006
Posts: 8,618
Default Re: Australia housing bubble

Quote:
Originally Posted by Yellow_Festiva View Post
Well. Lets see. They were an elderly retired couple that requested fast settlement and 3 month rent back at market value while they looked for another property as well as access to deposit to buy another property.

My offer was:

* Fast settlement at whatever date the vendor could arrange.
* Access to deposit.
* 3 months rent free.
* Transfer of all services into my name at settlement and I would foot the bill in the 3 months they were living there.

The above 2 points were for tax purposes.

* Access to a single LUG (the property had multiple garages) while they were looking to buy in those 3 months - their garages were used for storage of goods as they owned no cars.

I made the mistake when making my initial offer verbally that I was a cash buyer after being reminded to arrange my finances before sending my offer by email.

Agent indication was $650-$700k. If they really wanted to get the best price for their vendor me they could have called me back for a counter offer and got a reply in 10 seconds.

Still think their agent did the right thing by them?
What did the eventual buyers offer apart from the extra 15k?
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