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Need Thoughts: Mum contacted by developers looking to buy her house...
Hey Ausfinance, I'm in my mid 20's and after the passing of (basically) the only financially responsible member of my small family a few months ago I've had a bit of a bombshell dropped on me today. My mum (early 60's) called me and has asked for advice on an unsolicited offer from a REA on her ~760m2...
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Fence bust up who is right?
Neighbours at war is often caused by boundaries and fences.
Strong fences make good neighbours!
So who’s right the developer on one side, homeowner on the other?
Developer wants his new 5 units to look good with a new fence but wants the neighbour to cough up...
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Building an apartment block
Does anyone here have any experience in building a block of apartments? I am thinking possibly 30 odd 2-brm units. There's a parcel of land in the right location that has the potential for such development. We would like to get in touch with potential developers who might be interested in doing this...
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Wellington Council Goes landlording
Wellington Council gets into rentals.
https://www.tvnz.co.nz/one-news/new-...-rental-market
News item makes interesting watching.
The proposed rentals are supposed to be for 'essential workers', rents...
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legal for developer to "bluff" on units currently "under offer"?
Let's say a developer is developing 50 land (section) lots.
Let's say I asked to show which lots are still available and it turns out 3/4 of all the sections are marked "under offer".
Let's say I'm a bit suspicious ... (I could be entirely wrong of course!)
...
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My Oh Ma
Some scale!
Meet Charles Ma, the 28-year-old land developer behind a $1 billion Auckland housing project
27 Jan 2019
A 28-year-old entrepreneur believes his $1 billion south Auckland housing project will be held up as a "blueprint" for future developments. Land developer...
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How do you buy a land that is not yet titled off someone?
Hi sorry if it is very unclear, I am just wondering how money changes hands when a land is not titled and vendor only has paid a deposit to the developer?
Say vendor bought land for $250k. Paid developer say 25k deposit, and 225k due upon title which is say in 6-12 months.
...
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Purchaser wants to build on our section prior to settlement
Hi there.
We have had an offer from someone on our section. They want a long (6 month) settlement which is fine, but also want to build on the section before settlement?
This doesn't feel right to me at all?
1- what if they don't end up settling and we...
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Building on a section before settlement?
We've had an offer on our section with a 6 month settlement date. However one of the conditions is that they can start building prior to settlement. This seems really off to me, and I thought it was a joke. Is this something that actually happens in normal sales? What would the consequences be if they...
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Subdivide/build then sell or sell to developer?
Hi,
We have a property that we can subdivide and put 2 new houses on. We were recently approached by a developer who has purchased the adjacent houses and have expressed interest in buying our house to develop all the land as a block. Our land is big enough to accommodate more houses, but...
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estate agent knocks on your door withh buyer for your property
if an estate agent knocks on your door and says he has a developer who wants to buy your property, how should one proceed?
Any advice re negotiations?
Is there anything to look out for?
As I understand it:- the buyer does not pay any finders fee. I thought there would
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nutcase developer in queenstown?
hard to tell
but a shared driveway seems to be involved
in his; assaults, vandalism, poisoning and leaving the stereo on loud when he goes away for the weekend?
Developer Alistair Hey, 57, last week received his second conviction for assaulting a neighbour in...
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Costs??? Spreadsheet Masters?
Evening All,
I was wondering if someone with a bit more of an understanding can advise me of the costs/process I'm looking at.
What I am looking to do is by a property, renovate and sell in a small time frame of 2-3 months. I'm not new to renovation's, but previously...
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Suitable for developers to enter the market right now?
What are your thoughts on entering the market as a developer in 6 months to a year from now? Although the prices have been rising steeply, but do you foresee these land prices to drop much once interest rates start rising as well? Also, when the down swing begins for the property cycle, prices may fall...