I need to know....

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Re: I need to know....

Postby Footy Chick » Wed May 20, 2020 8:58 pm

whufc wrote:Potentially looking at making an offer for our first home.

Just wondering what the general protocol is for making an offer for the house.

We obviously want to get it as cheap as possible but not sure what should be a low level first offer.



Depends on how long the property has been on the market too. You have a bit more bargaining power if it's been sitting there for a while
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Re: I need to know....

Postby whufc » Wed May 20, 2020 9:01 pm

Dutchy wrote:
whufc wrote:Potentially looking at making an offer for our first home.

Just wondering what the general protocol is for making an offer for the house.

We obviously want to get it as cheap as possible but not sure what should be a low level first offer.


Subject to finance or do you have that sorted?


We will have it all sorted before we make an offer and have an in-principal loan for the amount we will offer.
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Re: I need to know....

Postby daysofourlives » Wed May 20, 2020 9:07 pm

whufc wrote:
Dutchy wrote:
whufc wrote:Potentially looking at making an offer for our first home.

Just wondering what the general protocol is for making an offer for the house.

We obviously want to get it as cheap as possible but not sure what should be a low level first offer.


Subject to finance or do you have that sorted?


We will have it all sorted before we make an offer and have an in-principal loan for the amount we will offer.


If its a home you really want and you can see yourself staying there for a long time then a few grand doesnt matter and make a decent offer, dont lowball, you may lose it. As far as im aware it is not an auction process when making an offer, i dont think you get a 2nd chance especially if someone else has made an offer, give it your best offer. Hope that makes sense. Im sure ill be told if im wrong about the offer process
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Re: I need to know....

Postby Brodlach » Wed May 20, 2020 9:13 pm

Good advice Daisy
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Re: I need to know....

Postby Dutchy » Wed May 20, 2020 11:52 pm

whufc wrote:
Dutchy wrote:
whufc wrote:Potentially looking at making an offer for our first home.

Just wondering what the general protocol is for making an offer for the house.

We obviously want to get it as cheap as possible but not sure what should be a low level first offer.


Subject to finance or do you have that sorted?


We will have it all sorted before we make an offer and have an in-principal loan for the amount we will offer.


That gives you power over competition then, some vendors will take a lower offer knowing the contact is unconditional and they can settle in 30 days time, it gives them some certainty. Whereas if they take a higher offer, but subject to finance, and it falls thru they have wasted 3 weeks and if they have a mortgage over the property it has cost them 3 weeks of interest only to be back at square one.

You wouldn't be selling right now unless you had to so I think there is some scope to pick up a bargain.
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Re: I need to know....

Postby helicopterking » Thu May 21, 2020 5:03 am

Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?
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Re: I need to know....

Postby LMA » Thu May 21, 2020 8:54 am

helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?


Might be worth getting an independent opinion to see if it will restrict natural light into your dwelling, if it does you don't want to be out of pocket for extra lighting or heating. Also you could query the intent of the shed, if it's to be used for business purposes in a residential zone then I would think that's worthy of a challenge. But essentially a building that height is no different to having a house next door and as long as the required set backs are adhered to then you may struggle to argue it. Just an opinion though.
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Re: I need to know....

Postby LMA » Thu May 21, 2020 8:59 am

What's a sparky cost these days, haven't used one since the build of our joint. Looking at moving a TV point and adding 3 extra points around the house. Standard timber frame/gyprock structure.
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Re: I need to know....

Postby Booney » Thu May 21, 2020 9:19 am

daysofourlives wrote:If its a home you really want and you can see yourself staying there for a long time then a few grand doesnt matter and make a decent offer, dont lowball, you may lose it. As far as im aware it is not an auction process when making an offer, i dont think you get a 2nd chance especially if someone else has made an offer, give it your best offer. Hope that makes sense. Im sure ill be told if im wrong about the offer process


Depends on the conditions of each offer and absolutely you may get the opportunity to make more than one financial offer, I'd imagine your conditions would be the same regardless of the amount.

For instance an unconditional offer of $400k ( for a number in the discussion ) would be much more attractive to me than $430k "subject to sale" ( of that persons existing property ). If you've got the best offer / package to the vendor it might not mean you are the top offer in dollar terms.

You need to play the agent to see where things sit in regards to the vendor, are they looking for a quick exit or are they prepared to wait for a "subject to sale", if they're after a quick exit don't blow your wad on your first offer.
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Re: I need to know....

Postby Magellan » Thu May 21, 2020 9:39 am

helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?

What's your beef with the proposed structure - loss of sunlight, visual dominance of a 4m high boundary wall?

Also, did Council formally notify you of the application and seek your comment, and if so, what category of application (2 or 3) was it?
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Re: I need to know....

Postby Booney » Thu May 21, 2020 9:53 am

Magellan wrote:
helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?

What's your beef with the proposed structure - loss of sunlight, visual dominance of a 4m high boundary wall?

Also, did Council formally notify you of the application and seek your comment, and if so, what category of application (2 or 3) was it?


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Re: I need to know....

Postby heater31 » Thu May 21, 2020 10:43 am

helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?
From what you describe I find it hard to believe that this is a complying development unless you live in the industrial area of Wingfield.....
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Re: I need to know....

Postby MatteeG » Thu May 21, 2020 11:03 am

"Subject to finance".

Those 3 words cost us 15 k and about 2 months of mortgage payments when we sold our last home.

Offer was too good to be true.
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Re: I need to know....

Postby helicopterking » Thu May 21, 2020 11:14 am

Magellan wrote:
helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?

What's your beef with the proposed structure - loss of sunlight, visual dominance of a 4m high boundary wall?

Also, did Council formally notify you of the application and seek your comment, and if so, what category of application (2 or 3) was it?


Yes the council have. The visual side of it.
Will Box in the entire side of the property. Zero southerly breeze will enter my yard. Guttering of the structure is 30-40cm higher then my roof guttering.
Category 2.
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Re: I need to know....

Postby heater31 » Thu May 21, 2020 11:25 am

helicopterking wrote:
Magellan wrote:
helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?

What's your beef with the proposed structure - loss of sunlight, visual dominance of a 4m high boundary wall?

Also, did Council formally notify you of the application and seek your comment, and if so, what category of application (2 or 3) was it?


Yes the council have. The visual side of it.
Will Box in the entire side of the property. Zero southerly breeze will enter my yard. Guttering of the structure is 30-40cm higher then my roof guttering.
Category 2.


Surely you're going to object?
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Re: I need to know....

Postby Magellan » Thu May 21, 2020 11:35 am

helicopterking wrote:
Magellan wrote:
helicopterking wrote:Neighbour wants to build a shed the length of my block and almost 4m high. Fence between us is 1.8m.
We live in a close proximity residential area with not a huge amount of yard/viewing space
Council have approved it, is there any point in arguing it?

What's your beef with the proposed structure - loss of sunlight, visual dominance of a 4m high boundary wall?

Also, did Council formally notify you of the application and seek your comment, and if so, what category of application (2 or 3) was it?


Yes the council have. The visual side of it.
Will Box in the entire side of the property. Zero southerly breeze will enter my yard. Guttering of the structure is 30-40cm higher then my roof guttering.
Category 2.

Cheers helicopterking. Being category 2, and since the council has already approved it, you don't have a right to appeal the decision which you would have if it was category 3.

If there were grounds to do so, you could appeal the description they gave the proposal, or the category (you would argue that it should've been category 3, which means they've deprived you of your right to appeal the final approval). If successful, the council would probably have to reassess the application again and notify it correctly, and at the end of the process, you could challenge the approval if granted.
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Re: I need to know....

Postby Spangas » Thu May 21, 2020 12:04 pm

Dutchy wrote:
whufc wrote: We will have it all sorted before we make an offer and have an in-principal loan for the amount we will offer.


That gives you power over competition then, some vendors will take a lower offer knowing the contact is unconditional and they can settle in 30 days time, it gives them some certainty. Whereas if they take a higher offer, but subject to finance, and it falls thru they have wasted 3 weeks and if they have a mortgage over the property it has cost them 3 weeks of interest only to be back at square one.

You wouldn't be selling right now unless you had to so I think there is some scope to pick up a bargain.

Definitely. Just be wary of the agent selling the property as they're not there to help you.
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Re: I need to know....

Postby JK » Thu May 21, 2020 5:19 pm

Dutchy wrote:
whufc wrote:
Dutchy wrote:You wouldn't be selling right now unless you had to so I think there is some scope to pick up a bargain.


Unless the seller thinks they also have a bargain replacement lined up. Either way, you’d think it’s a “Buyers market” at the moment. (F*** I hate that saying, need a shower now)
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Re: I need to know....

Postby Corona Man » Thu May 21, 2020 6:09 pm

Not been on the forum the past few days.... what have I missed please?
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Re: I need to know....

Postby mighty_tiger_79 » Thu May 21, 2020 6:16 pm

Not much

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