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Discussion in 'The Buying & Selling Process' started by b7277, 9th Oct, 2015.

  1. b7277

    b7277 Active Member

    Joined:
    1st Sep, 2015
    Posts:
    32
    Location:
    Sydney
    I just saw a property at Berowra and put an offer that could possible be accepted. Now i have all these thoughts coming to me especially the below. This is the suburb we would love to move into.

    1. At the open house we were the only couple. Could it be there is some issue with the property that i can figure out? It was the second week on RE site. What could i be missing.

    Need help here.
     
  2. Jamie_

    Jamie_ Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    354
    Location:
    Perth
    Is it over priced?
     
  3. Jacque

    Jacque Buyers Agent and Bookworm, Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    519
    Location:
    Sydney
    How long have you been looking and have you seen enough homes to make a fair assessment on what constitutes value? Last weekend was a little quieter, due to the long weekend, so I would expect this weekend to be a little busier.
     
  4. b7277

    b7277 Active Member

    Joined:
    1st Sep, 2015
    Posts:
    32
    Location:
    Sydney
    looking at the sales around, the price we offered seems ok. a bit over priced i would say but everywhere there is nothing under a mil. I think whats bothering me is that no one turned up for viewing and that has been playing on my mind.
     
  5. b7277

    b7277 Active Member

    Joined:
    1st Sep, 2015
    Posts:
    32
    Location:
    Sydney

    we have been looking for a month and around that area.
     
  6. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,159
    Location:
    Canberra and Sydney
    Price is the obvious one.

    Get a solicitor to go over the contract, etc before going unconditional. Get a building/pest inspection done.

    Cheers

    Jamie
     
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  7. Greyghost

    Greyghost Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,262
    Location:
    Melbourne
    I wouldn't worry about what others are doing.

    Do your own due diligence and back yourself in...

    As per Jamie's post, get solicitor to review the contract and pay for the B&p.. Initial outlay now may save you $$$$$ or help you avoid a dud..

    But I wouldn't be concerned with others
     
  8. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
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    Location:
    Melbourne
    @b7277

    As per other above - find out the reason - you could be onto a real bargain.
    We deliberately seek out properties where the open inspection has a lonely, bored looking agent with the sound of crickets in the background,

    If the property is sound (location, structure etc) it can be your lucky break.

    The Y-man
     
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