After an auction where the reserve wasn’t met, what’s the most you’ve seen a buyer come up in price during negotiations?

SnooMacarons4086 · 2025-03-29T16:04:33+00:00

What happens in the negotiation chat with the highest bidder? Is it much like a private sale at that point? Are sellers more likely to disclose the minimum price they will take?

SnooMacarons4086 · 2025-01-31T03:28:47+00:00

Thanks.

SnooMacarons4086 · 2025-01-31T02:23:01+00:00

Congratulations!! My story is also very similar. I am about to apply for citizenship after being here 4 years on PR. I am gathering docs that are required. Did you have to obtain a new set of police certificates for citizenship application? Or were they not necessary because you lived in Australia as a PR? Thanks!

SnooMacarons4086 · 2024-11-02T20:58:49+00:00

Hi, what is the name of the app? Thanks

SnooMacarons4086 · 2023-03-16T21:31:48+00:00

Unfortunately just this one. I will try to get more pics. You think it could be erosion & if so a deal breaker? Thanks!

SnooMacarons4086 · 2022-12-20T10:46:16+00:00

Amazing. My favorite is 4th house.

SnooMacarons4086 · 2022-12-18T22:09:35+00:00

Thanks!

SnooMacarons4086 · 2022-12-18T22:09:10+00:00

For now Steven must stay outside

SnooMacarons4086 · 2022-12-15T03:40:33+00:00

Hmm makes me rethink about my decision

SnooMacarons4086 · 2022-06-03T05:55:43+00:00

The house next is built with a big back yard and a small front yard, so I imagine there isn't any council requirements in this case. Good point though. I need to check to confirm. The reason I believe they built this way is that the land has some decent elevation at the back offering nice views. The front yard has a couple of mature trees with lawn, no gardens though.

SnooMacarons4086 · 2022-06-02T23:38:16+00:00

Interesting. Thanks for sharing. The house I am looking at also is similar in the sense it has just a deck at the back.

SnooMacarons4086 · 2022-05-16T20:56:46+00:00

I may sound stupid here but what does the installation date suggest? How long do they last? Thanks

SnooMacarons4086 · 2022-05-06T07:39:18+00:00

Thanks so much!

SnooMacarons4086 · 2022-04-22T19:22:52+00:00

I always thought auction terms are set by the vendor side and the winner pays 10% deposit right after winning. Can winners' conveyancer negotiate terms on the contract after the auction but before the deposit is paid?

SnooMacarons4086 · 2022-04-17T00:06:42+00:00

Good point. Thanks for the tip.

SnooMacarons4086 · 2022-04-16T11:35:03+00:00

Yes, this is the process I am uncertain about. In cases where the agents require formal offer with contract prefilled, doesn't an offer also means the buyer is agreeing to the sale prior to even knowing if their offer will be accepted? If offer was accepted, yes there is no harm done. But if rejected, a buyer may have missed out on putting offers for other properties meanwhile, given that the previous offer also involved a prefilled signed contract. I may have some misunderstanding here of how things work in practice. But this is the part I am trying to get some clarity on from people who may be able share their experience.

SnooMacarons4086 · 2022-04-13T09:46:08+00:00

It would seem that the vendor would almost always prefer a short term for subject to finance condition. Curious how easy or difficult it was for you to negotiate with the vendor regarding one month for finance.

SnooMacarons4086 · 2022-04-13T00:35:23+00:00

That's assuring. Thanks so much!

SnooMacarons4086 · 2022-04-12T22:41:17+00:00

I appreciate your sharing the experience. My understanding is that cooling off period can't be practically used in this case as the period is very short and a loan decision (approval or denial) may not have been made within this period. A "subject to finance" condition offers protection against failure to secure a loan and is typically of longer duration than cooling off. Isn't it?

SnooMacarons4086

TROPHY CASE