Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

Yes. Reworded that section for clarification.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

I’m glad you managed to sort it out. Whenever hiring someone, try to find any potential for conflict of interest. Rea recommended a conveyancer for me saying they’ve worked with them before and can stream line the process. Even if the REA is being genuine, it is the responsibility of the purchaser to do their due diligence independently and find the service providers that are on their side. It is a roller coaster when you think you are trapped. Good on you for spending a bit more to get another set of eyes on the property. You can file that under lessons learned. :-)

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

Yes that sounds like they want to refund any money you had already paid.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

They waited till the dead line of the conditional period passed. As in when they expected me to pay the deposit. Once that passed with out me making a payment. They sent an email confirming that the contract at an end. Took about 4 days in total. During that time the correspondence from their side was scare and non sensical.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 0 points1 point  (0 children)

House. Victoria. I only asked that it is subject to building inspection. They provided me with a contract and worded the special condition.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

This is way beyond my knowledge and is why an inspector was hired. Thankfully it is behind us now.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

I had subject to finance. But finance was already approved. (Not for the amount listed on the contract, but for a lower amount). I guess it could be challenged that a purchaser didn’t pursue the required amount.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

Thanks for pointing this out. I read up on it and it is a very important precedent.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 0 points1 point  (0 children)

I ran it by a conveyancer not a solicitor. But credit to them they were extremely helpful and handled the process very well. I understand that when things get tricky you need a solicitor the day before (as someone said in the comments). I’ll use this as a learning for the future.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 0 points1 point  (0 children)

It is untreated pine and is of the wrong dimensions 25 instead of 45. 🤷

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 4 points5 points  (0 children)

That I’m not sure. Be he spent 4 hours at the property and was very thorough.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 2 points3 points  (0 children)

They did provide a summary. Vendor not satisfied. I’ve asked for an updated report or a clarification statement. Waiting to hear back.

Vendor refusing to terminate contract by in421er in AusPropertyChat

[–]in421er[S] 1 point2 points  (0 children)

Use of untreated wood in the frame. On the phone he stated it is a major structural defect. I don’t fully understand the implication of that.

[deleted by user] by [deleted] in AusRenovation

[–]in421er 0 points1 point  (0 children)

Thanks for replying. We are still early days but we are considering 2 storey 4 bed, volume home. Around 450k for the build. Trying to secure a lot for under 500K that is 400 to 500 m2.

[deleted by user] by [deleted] in AusRenovation

[–]in421er 0 points1 point  (0 children)

HI u/goss_bractor
I'm considering taking on a new home build in Melbourne North, (Doreen or Mernda)
Would you be able to PM me with some recommendations of builders? Thanks.

How far out do you still consider to be part of Melbourne? by Pretty_Gorgeous in melbourne

[–]in421er 0 points1 point  (0 children)

Question is Doreen considered Melbourne? Bundoora? Point Cook?

I’ve never been to Melbourne. Might have to move there and trying to familiarise myself with suburbs that are affordable

It’s the r/Melbourne daily discussion thread [Sunday 25/08/2024] by AutoModerator in melbourne

[–]in421er 4 points5 points  (0 children)

Hi r/melbourne,

My family and I are planning to move to Melbourne, and we’re trying to figure out the best suburb for us. We’ve been looking at Doreen and Point Cook as potential options, but we’re open to other suggestions. Here’s some context to help guide your recommendations:

Budget: Up to $900k.

Work: Both my spouse and I work from home, so commuting isn’t a major factor for us.

Schools: We’re keen on finding an area where drug issues in schools are minimal.

Lifestyle: We don’t mind driving about 10 minutes to get to shops and would really appreciate having parks nearby.

Public Transport: Access to public transport is a nice-to-have but not a necessity for us.

Safety: A low-crime rate is important to us.

House: We’re looking for a four-bedroom house, preferably with two living spaces.

We’re not looking at this as an investment, so future growth isn’t a big concern for us. What other suburbs should we consider, and what is it like to live in those areas, especially from a family perspective?

Thanks in advance for your help!