From people losing deposits, to sales $2m+ over price guide. Is the divide in Australia growing?
www.news.com.au/finance/real-estate/waterfront-castle-cove-trophy-home-sells-for-millions-over-it...
Trophy home sells for millions over price guide
www.news.com.au
A Castle Cove waterfront trophy home with stunning views over Sugar Loaf Bay has sold under the hammer for a whopping $14.5m – well over its guide of $11m to $12m.Sometimes conveyancing transactions don't go according to plan - for many reasons, some within your control and some outside of your control. Whatever the case may be, having contingency plans, allowing extra time for processing and turnaround, quick decision making and fast/pre-emptive action avoids or reduces the consequences of whatever might/could happen. Extended settlement, proceeds from the sale of other properties, contribution of life savings from her father... some thing doesn't quite add up. Wrong tick box? Who ticked it? Who checked it? Multiple people at different levels didn't pick it up sooner or was everything just left to the last minute?
www.news.com.au/finance/real-estate/buying/brisbane-woman-loses-dream-home-after-bank-mistake/new...
Woman loses dream home in bank blunder
www.news.com.au
A Queensland woman has been left devastated after losing her dream home, and potentially her entire $29,000 deposit, because of a banking error.Hmmm... this is going to get complicated. Some people have already started to complain about our check in and vaccination requirements declaring that "no one does it anymore". Calls from unvaccinated people have started to increase, many denying to know that they had to be vaccinated and refusing to wait until restrictions are lifted.
www.abc.net.au/news/2021-11-25/nsw-updates-roadmap-95-percent-double-dose-vaccination/100649860
Masks off but QR codes to stay as NSW COVID-19 restrictions tweaked
www.abc.net.au
The NSW government updates the roadmap for easing COVID-19 restrictions after the state reaches the 95 per cent double-dose vaccination target or December 15, whichever comes first.Sydney and Melbourne are the most affordable for renting? Hobart is the least affordable?
www.abc.net.au/news/2021-11-24/sydney-and-melbourne-most-affordable-for-renting-says-report/10064...
Rental affordability dropped in most cities during 2021, according to new report
www.abc.net.au
Rents in Sydney and Melbourne remain more affordable than those in Hobart, according to the annual Rental Affordability Index. Perth has seen the greatest decline in affordability out of the capital c...Backfires? This story is still in the news. Decisions have consequences either way. Nothing is straightforward, but what's clear is that if you don't have the funds, you can't buy the property regardless of whether there's a 'grace period' or a 'notice period'.
www.news.com.au/finance/real-estate/buying/queensland-sellers-devastated-after-taking-couples-75k...
Decision to keep couple’s $75k backfires
www.news.com.au
The Queensland house sellers who were branded “greedy” for taking a young couple’s home deposit have revealed they didn’t end up making a huge profit after all.They had the funds. The bank admitted they made an error that caused the issue. Not sure what you’re trying to say here.