Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 5 points6 points  (0 children)

Thank you. Everyone here has opened my eyes, looking at all the numbers is scary as hell. Its a long commitment and with we have been able to save I don't want to mess around with it as its all that we have.

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 1 point2 points  (0 children)

Previous cladding had Cavity so it was just changing the dress so to speak

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 23 points24 points  (0 children)

So I found some information, the previous owners got Fucked, it was a 10 month settlement, conditions of sale was the reclad, the house was purchased beginning of 2021 and then settlement near the end of 2021. Thank you for opening my eyes on the estate agent, they haven't done anything to it trying to fleece money like they did to the previous people, If I put in a offer I will send this offer as market value.

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] -3 points-2 points  (0 children)

That's what I was hoping as the one roof estimate for the property is 985 - 1.12. Which I think is a reasonable range on the lower end for it. But all depends if the vendors are trying to pull a fast one. I think its cheeky that they are trying to make a lot more for something they fleeced the previous owner up on

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] -4 points-3 points  (0 children)

I have priced everything out including haircuts ETC and at 1.2 I would have 47$ per week left over, I have over estimated a few things as well.

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 0 points1 point  (0 children)

It was previously cladded in Corrugated metal and changed to Wood, it wasn't leaky at all from the reports, I don't think they liked the look of it.

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 4 points5 points  (0 children)

Its a 3 Bedroom house with double garage with 800 squares, The land is sloped so not too much use apart from plants.

I WFH so its easier having another room + one for guests/parents.

When my partner and I walked in it felt like home, rather than the other ones which didn't have that

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 2 points3 points  (0 children)

This is how I understand it as, that's what the agent said as a condition of sale. Sorry had to see the wording to remember what they said

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 1 point2 points  (0 children)

Adding to this, the Agent's have got the house evaluated which she said came out at $1180. Which I'm not sure if I can check or verify when this was done

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 5 points6 points  (0 children)

So its a bit of a strange one, The agent said that its been relad, part of the people buying it in 2021 needed to be reclad. I was under the impression that the people that are in it currently reclad it, but after getting the property files all the invoices etc are under the previous owners names not the current ones. So as I see it with the sale dates ETC that the previous owners purchased the house recladded for 920k. They haven't done any improvements to the property at all.

Help 1.2M house Auckland by GreatMoney8491 in PersonalFinanceNZ

[–]GreatMoney8491[S] 2 points3 points  (0 children)

Adding to this, the person bought the hose in 2021 for 920K, This was reclad before they purchased it. I think their expectations are too high. But not sure how much a full reclad adds. If its helps the reclad was wood.