Looking at buying house where vendors have RC for subdivision but no CT yet - RISKY?

[ashleyb]

Hey everyone
We're looking at buying a property in Auckland where the current vendors have received RC to subdivide the section at the back of the property. They are planning to build a 2 storey family home there. But they haven't received the new CT for the new section and they have written on...

[Anita]

Our new purchase of a property settles next week.

The sellers after being there for almost 50yrs Settle on their new property same day.

REA said their moving truck arrives to load & take their stuff at 3.30pm , on Settlement day.

We have reasonable concerns...

[brokerman]

Nothing to do with lenders, all to do with a government and reserve bank meddling and having 'unintended consequences'.

https://www.oneroof.co.nz/news/40503...2gICYwj5UbfCQg...

[TomTom]

While Auckland outskirt suburbs are so heated, inner city apartments seems still remain good return in terms of cash flow. Apartments like Empire and Columbia can generate a return of 6% (3 beds shoe box free hold selling just above 300k and rented for above 500/week), potentially more when the international...

[Jonohello]

Does anyone have tips on where to view Housing NZ houses? I've been trying to find online and seem to be unable to find anything. When looking at a specific street to buy a place on, where does everyone go to figure out proportion/density of state housing on the street?

[donna]

Hi All,

How do you work out if buying a property is cheaper than renting?

is it just the rent vs interest repayments as of today?

or do you need to factor in possible increases in interest rate and rent over next 2 -5 years?

should you include rates...

[quebec]

We put an offer on a property last year but didn't get it. Someone else's offer was accepted. Now the property is coming back to the market as the sale did not go through because the cross lease documents was misplaced by LINZ, they just can't find it. Total 6 units in the block and other 5 have the...

[StuartNZ]

Could this effect the sale of a property?

My daughter's house has gone unconditional with settlement in early March.

Tonight when the real estate agent came around to take her through the process leading up to settlement she asked about the Master Builders Warranty as the...

[dopecoder]

Hi All,

Has anyone used a buyers agent, have any experience or recommendations to share. I am finding this is not common here, google give me just a handful of searches for buyers agents.

I am a kiwi living in AU for 10+ years. looking at investing and need someone with their...

[yungin]

Hi all,

Newbie here, looking for any advice on a mortgage broker in Hamilton suitable for an absolute beginner buying their first home. I've seen a couple I like that were recommended on Sorted.org but thought it'd be worth asking here.

I am a little skeptical of using...

[primal]

What are the requirements of buying your first home if I already have investment property.

[Frezzinghot]

So I have come to the conclusion that I hate auctions.

Here are my reasons why.

Went to an auction today at the barefoot & thompson auction rooms. Firstly you cannot find a park for love nor money. You then rush in to the auction room to catch your lot number.
The...

[Nickster]

Been spending a bit of time ar the Mt and Papamoa Beach lately. Time to purchase another rental, looking at a new build 3 bed and 2 bathroom between 600-700k, rent it out and possibly retire in it in a few years. Keen on info on good subdivisions in that area closeish to the beach, i understand its...

[Vlad]

Hi everyone,

We consider buying a 2-brd townhouse in a unit title structure. The principal unit is located on the first floor right above its accessory unit on the ground floor, where the latter is an oversized garage with a storage room.
Looking for ways to add some value to it,...

[cgj1]

Hi

I was under the impression that a deck/porch with an attached roof to a house was exempt requring consent under Schedule 1 of the Building Act 2004 if under 20m2 and under 1.5m from the ground.

Ive purchased a property and my lawyer advised me the deck is exempt but...