I need to know....

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Re: I need to know....

Postby mighty_tiger_79 » Sun Oct 07, 2018 5:26 pm

Who else is happy McGregor lost?
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Re: I need to know....

Postby helicopterking » Sun Oct 07, 2018 6:40 pm

mighty_tiger_79 wrote:Who else is happy McGregor lost?


Couldn't care Less who wins or loses in the 'Sport'
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Re: I need to know....

Postby mighty_tiger_79 » Sun Oct 07, 2018 6:52 pm

helicopterking wrote:
mighty_tiger_79 wrote:Who else is happy McGregor lost?


Couldn't care Less who wins or loses in the 'Sport'
Same, just find it curious about the whole uproar on social media.

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Re: I need to know....

Postby Coach Bombay » Mon Oct 08, 2018 5:56 pm

Today I was waiting to turn right at the lights. Lights went green and the right turn arrow stayed red. I momentarily progressed forward just over the white line before realising and slowly reversed back behind it. Will I get a fine?
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Re: I need to know....

Postby locky801 » Mon Oct 08, 2018 6:03 pm

Coach Bombay wrote:Today I was waiting to turn right at the lights. Lights went green and the right turn arrow stayed red. I momentarily progressed forward just over the white line before realising and slowly reversed back behind it. Will I get a fine?


did the camera flash
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Re: I need to know....

Postby Coach Bombay » Mon Oct 08, 2018 6:09 pm

locky801 wrote:
Coach Bombay wrote:Today I was waiting to turn right at the lights. Lights went green and the right turn arrow stayed red. I momentarily progressed forward just over the white line before realising and slowly reversed back behind it. Will I get a fine?


did the camera flash


Didn’t see it but was mid morning sunny as
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Re: I need to know....

Postby Spargo » Mon Oct 08, 2018 8:20 pm

Coach Bombay wrote:Today I was waiting to turn right at the lights. Lights went green and the right turn arrow stayed red. I momentarily progressed forward just over the white line before realising and slowly reversed back behind it. Will I get a fine?


You’ll be ok, mate - no fine.
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Re: I need to know....

Postby woodublieve12 » Tue Oct 09, 2018 2:40 pm

I am wanting my ex to pay me out in regard to the house we have together... We obviously need to get it valued...
We have added a shed and a pergola. A decent one.
The next step is getting decking out the back. which wil finsh off the out door area.

I am tossing up whether to for out money from our savings to finish it of or get it valued and wonder if spending that coin will really make that much of a difference in the value...

When a house is being valued do they even take that into account of is strictly based on the location and the market price of the area at the time??? i hope that makes sense?
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Re: I need to know....

Postby Spargo » Tue Oct 09, 2018 2:45 pm

woodublieve12 wrote:I am wanting my ex to pay me out in regard to the house we have together... We obviously need to get it valued...
We have added a shed and a pergola. A decent one.
The next step is getting decking out the back. which wil finsh off the out door area.

I am tossing up whether to for out money from our savings to finish it of or get it valued and wonder if spending that coin will really make that much of a difference in the value...

When a house is being valued do they even take that into account of is strictly based on the location and the market price of the area at the time??? i hope that makes sense?


They take everything into account. Make sure you get more than one valuation. The agents will recommend if they think it’s worth it to do the decking.
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Re: I need to know....

Postby HH3 » Tue Oct 09, 2018 2:47 pm

So she's going to agree to spend your joint savings to make the value of the house she's going to have to pay you out for higher?
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Re: I need to know....

Postby woodublieve12 » Tue Oct 09, 2018 2:53 pm

Spargo wrote:
woodublieve12 wrote:I am wanting my ex to pay me out in regard to the house we have together... We obviously need to get it valued...
We have added a shed and a pergola. A decent one.
The next step is getting decking out the back. which wil finsh off the out door area.

I am tossing up whether to for out money from our savings to finish it of or get it valued and wonder if spending that coin will really make that much of a difference in the value...

When a house is being valued do they even take that into account of is strictly based on the location and the market price of the area at the time??? i hope that makes sense?


They take everything into account. Make sure you get more than one valuation. The agents will recommend if they think it’s worth it to do the decking.


cool cheers
i just did one of those online valuations, and just going on that its already 35k more than what we paid for it...
I just know it's going to take ages to finish it all, because since she lives there she doesn't have any real urgency to do it... Which is very frustrating..

just wanna state, i have zero concerns in regard to her ripping me off...
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Re: I need to know....

Postby woodublieve12 » Tue Oct 09, 2018 3:03 pm

HH3 wrote:So she's going to agree to spend your joint savings to make the value of the house she's going to have to pay you out for higher?


Do you mean she will have to pay me more to cover my portion of the savings?
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Re: I need to know....

Postby HH3 » Tue Oct 09, 2018 3:05 pm

woodublieve12 wrote:
HH3 wrote:So she's going to agree to spend your joint savings to make the value of the house she's going to have to pay you out for higher?


Do you mean she will have to pay me more to cover my portion of the savings?


No, what I mean is, if it's valued right now, she has to pay you half of it.

But if you use half her money to do it up, then its valued higher, she spends her money, and then has to pay you half of the higher value too.

Im probably way off. :lol:
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Re: I need to know....

Postby Booney » Tue Oct 09, 2018 3:08 pm

HH3 wrote:
woodublieve12 wrote:
HH3 wrote:So she's going to agree to spend your joint savings to make the value of the house she's going to have to pay you out for higher?


Do you mean she will have to pay me more to cover my portion of the savings?


No, what I mean is, if it's valued right now, she has to pay you half of it.

But if you use half her money to do it up, then its valued higher, she spends her money, and then has to pay you half of the higher value too.

Im probably way off. :lol:


But if they keep the savings and get less for the house it's same same, yeah?
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Re: I need to know....

Postby Booney » Tue Oct 09, 2018 3:11 pm

woodublieve12 wrote:I am wanting my ex to pay me out in regard to the house we have together... We obviously need to get it valued...
We have added a shed and a pergola. A decent one.
The next step is getting decking out the back. which wil finsh off the out door area.

I am tossing up whether to for out money from our savings to finish it of or get it valued and wonder if spending that coin will really make that much of a difference in the value...

When a house is being valued do they even take that into account of is strictly based on the location and the market price of the area at the time??? i hope that makes sense?


Problem with valuations is there's such a range the agents will give you. ie - One might say $520-560 and another say $540-600, so what do you take?

Me, I wouldn't bother with the renovations. If the ex is planning on staying there I'd leave it up to her what she does in the future, I mean, is she going to consult you on any changes that are currently taking place? What if you don't like them?

I'd get at least 3 valuations and, while no perhaps completely kocher put it on the market and see if you get any offers, The market will dictate the value and not the agent. You can always withdraw it from the market.
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Re: I need to know....

Postby Wedgie » Tue Oct 09, 2018 3:15 pm

Geezus, glad I just let the ex take over the mortgage.
She's done some upgrades to the house so I've won out there, we just agreed if she sold it I would get half of the money between how much it sells for and how much the mortgage was when I moved out.
Still in joint names so I can't lose.
Never that fussed as it will just end up with the kids either way.
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Re: I need to know....

Postby woodublieve12 » Tue Oct 09, 2018 3:24 pm

Wedgie wrote:Geezus, glad I just let the ex take over the mortgage.
She's done some upgrades to the house so I've won out there, we just agreed if she sold it I would get half of the money between how much it sells for and how much the mortgage was when I moved out.
Still in joint names so I can't lose.
Never that fussed as it will just end up with the kids either way.



Financially i need that pay out... I am not struggling but it would certainly help me get a big foot forward and be able to provide a much better house (hopefully) for me and my girls.... And if i can score 35-50k than thatsz a bonus..
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Re: I need to know....

Postby HH3 » Tue Oct 09, 2018 3:27 pm

Booney wrote:
HH3 wrote:
woodublieve12 wrote:
HH3 wrote:So she's going to agree to spend your joint savings to make the value of the house she's going to have to pay you out for higher?


Do you mean she will have to pay me more to cover my portion of the savings?


No, what I mean is, if it's valued right now, she has to pay you half of it.

But if you use half her money to do it up, then its valued higher, she spends her money, and then has to pay you half of the higher value too.

Im probably way off. :lol:


But if they keep the savings and get less for the house it's same same, yeah?


Im know what Im trying to say...

Say their savings is $10k and they spend $5k (shes down $2.5k from what she has now)
The house now is worth $400k, so she owes him $200k.
The reno adds $20k value.
Now she owes him $210k, and has $2.5k less in her savings.

So for his half that could have cost her $200K, now its costing her $212,500.

Why wouldn't she buy him out now and then spend the $5k herself and be $7.5K better off?

I don't understand why someone would want to add value to a house they're about to buy someone out of.
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Re: I need to know....

Postby Wedgie » Tue Oct 09, 2018 3:30 pm

You've lost me, a 5k reno adds 20k value?
I would have thought a 5k reno would add 5k value (or less)?
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Re: I need to know....

Postby HH3 » Tue Oct 09, 2018 3:31 pm

Wedgie wrote:You've lost me, a 5k reno adds 20k value?
I would have thought a 5k reno would add 5k value (or less)?


Then why would WUBs, who's not going to live there, want to spend money to finish it?
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