Hi All,
Hope you have had a good weekend....
I bought the following property over the weekend: 6 Laming Road Deer Park Vic 3023 - http://ift.tt/18Oe73C
Asking price was 330 to 360 and I picked it up for 320...
Meeting up with my drafter tomorrow as we are looking at building a unit at the back. This will be my 2nd development project this year.
There was another bid at 330 but the owner chose my offer for the following reason:
1) I left settlement blank and advised the agent that I am able to settle when ever it suits the vendor.
2) I am only borrowing 80% so less chance of the deal falling through due to a bank valuation "Etc".
3) Also I was prepared to let go of the property for even a dollar more :)
Will keep you all posted on the project
Hope you have had a good weekend....
I bought the following property over the weekend: 6 Laming Road Deer Park Vic 3023 - http://ift.tt/18Oe73C
Asking price was 330 to 360 and I picked it up for 320...
Meeting up with my drafter tomorrow as we are looking at building a unit at the back. This will be my 2nd development project this year.
There was another bid at 330 but the owner chose my offer for the following reason:
1) I left settlement blank and advised the agent that I am able to settle when ever it suits the vendor.
2) I am only borrowing 80% so less chance of the deal falling through due to a bank valuation "Etc".
3) Also I was prepared to let go of the property for even a dollar more :)
Will keep you all posted on the project
New Purchase over the weekend in Melbourne
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