A Random Person’s Random Investments

March 15, 2012

Lawyers Real Estate vs Consumur Affairs

Filed under: real-estate — arandomperson @ 8:18 am

Interesting legal case involving the conveyencer I used, Lawyers real Estate:

read more about it here:

CONSUMER AFFAIRS VICTORIA v PETER JOHN MERICKA & ORS

Atfer seeing a lot of the dodgy behaviour in the real estate biz it’s been informative to read up on the tricks following Peter Mericka’s blog, I hope it all goes well for him.

August 3, 2008

minor gripe – multiform spa baths – what you pay for might not be what you get.

Filed under: real-estate — arandomperson @ 5:21 pm

Well as we had to repair the iffy bathroom floor, which would involve ripping up the tiles, we got talked into a full bathroom renovation as most of the bathroom would have to get ripped out to properly waterproof the walls and floor. This is fine, as we had factored in a bit of expense.
Along the way we got talked into upgrading the normal bath to a air jet spa bath.. sounds cool, though I have never used one myself.

After looking around my wife eventually settled on the “Multiform Joy” spa bath, choosing it from a catalogue. It was duly ordered from Builders Renovators Warehouse, Mitcham, with an expected wait of “a couple of days” until it could be delivered from the factory.
After more than a week the bath showed up and was installed (wife was at work when this happened).. this appeared to be fine except the “joy” bath we got, although the same dimensions as the one in the catalogue, has a completely different arrangement of jets. Wife not impressed, as this is NOT the one on either the catalogue or web page. I’ll admit I didn’t even notice, I was just relieved that the bath had shown up at all after such a long wait with all the tradespeople lined up to finish the installation. But we don’t want to turn this renovation into a money pit of unexpected costs and further delays to rectify this so I guess we’ll just leave it as it is. But still, confused as to why they didn’t deliver the same bath as what their catalogue shows.

Other than that the bathroom renovation has gone great – we have gone from a daggy mauve old 80s cheap and cheerful, badly laid out bathroom to a nice simple white and chrome bathroom with a much better layout for the vanity and bath. In the long run, the spend on the upgrade should more than pay for itself.

June 27, 2008

settlement!!

Filed under: real-estate — arandomperson @ 11:57 pm

Settlement has occured… which is real estate jargon for the transaction and legal stuff is over and we can call the place ours (and the banks). This time, with a competent, professional and straight down the line Real Estate Agent to deal with, while keeping the same Mortgage Provider and Conveyancer as last time (If it aint broke, dont fix it) – it all went smooth and without a hitch. Some minor errors here and there within the mountaints of paperwork being bounced around (possibly inevitable in such a complicated operation) but all picked up and rectified promptly with no negative ramifications.
I guess the payoff from doing it second time around is we ended up with a nicer place, with larger land, a bigger garden in a quieter location that’s closer to public transport so at least we ended up in a better spot.

  • This time I was quite happy with the professional yet friendly manner of the agent, Ranko Delibasic from Harcourts in Dandenong, one of the few agents who waited until the all important Section 32 statement was available before accepting offers, and then he promptly and professionally took serious offers in writing without any of the games played by some other agents, which I think contributed to a smooth and stress free settlement for all involved.
  • Lawyers Conveyancing now have this neat web interface that displays the status of your conveyancing matter as it progresses to completion. It is simple and utilitarian (which I like), with a hard to type in URL (no matter once bookmarked), but was handy to have a row of satisfying tickboxes appear as the various stages of the matter progressed.
  • Ratebusters now using ING wholesale for the loan product we ended up with this time, slightly different feature set but still does what I want, and appears to have a very nice simple, but usable web interface to manage it all from.

June 9, 2008

flooring notes brain dump

Filed under: real-estate — arandomperson @ 1:56 pm

Just pasting some stuff on flooring found on the web:

my guestimates for the loungeroom is 26 m2
two bedrooms all up 31 m2

will measure more precisely on pre-settlement inspection.

found on ebay, laminate flooring from $13/m2
http://www.tiptopfloors.com.au/ – located in Springvale.

also: (NSW though) http://stores.ebay.com.au/Ankors

Style Plantation Bamboo floating floors is $50/m2 at Bunnings, it looks really nice from the demo boards on display there.
http://www.stylebambooflooring.com/products/strand_woven_bamboo/technical_specifications.php

Some of the Bunnings laminate flooring looked cheap and nasty, some of it looked not bad at all. Seems very durable. between $13 and $25 per m2.

Mentioned on propertyinvest forum:
http://www.ikea.com/au/en/catalog/products/20137078 $19.94 / m2
http://www.ikea.com/au/en/catalog/products/90082181 $14.95 / m2

Ikea bamboo flooring:
http://www.ikea.com/au/en/catalog/products/40080877 $45.00 / m2
looks really nice, maybe easy to install cos it’s Ikea? not solid bamboo, bamboo on a base of cheaper stuff? Googling for KVIST gives mixed reviews, some like it, some don’t.

http://www.eco-strong.com/bamboo/intro.html – distributor in Balwyn, some was for sale on ebay.


http://www.bambooandtimber.com.au/
– in Oakleigh


http://www.grasswoodbambooflooring.com/
– Mount Martha, showroom in Mornington


http://www.goldenfield.com.au/new/gold_frame_bamboo.html
– “It was $55/m2 or
$80/m2 installed” from someone we know who got it last year – located in Preston. They also appear to trade under another name, http://www.timberfloorcentre.com.au/

Timber Flooring Clearance Centre
861 Princes Highway
Springvale, VIC 3171
– Trading post online store, but have some Bamboo flooring from $38 / m2

Another found on the Trading Post Seeview Flooring who have some Bamboo flooring @ $39 / m2 on their Australian Trading Post page

May 4, 2008

another possible home found

Filed under: real-estate — arandomperson @ 2:02 pm

We just signed an offer on another place after months of searching.

Using the same lender and conveyancer.. but this is with a different agent, one who seems a lot more on the ball and straight down the line.

The contract note has been signed by us and the vendor, part of the deposit is paid and the finance to be sorted.

The place cost a bit more but is much nicer and in a better location, in good condition except for a few thousand of repairs to the bathroom. Let’s see how we go….

April 27, 2008

MELBOURNE house prices have recorded their biggest quarterly fall in value since 1993 – while Central Quity accused of manipulating Melbourne appartment prices

Filed under: real-estate — arandomperson @ 4:39 pm

Maybe some good may come of the financial mayhem affecting consumer confidence and interest rates.. house prices in Melbourne have dipped their highest amount this quarter since 1993. Meanwhile in another article from The Age it appears Central Equity have been using all sorts of tactics to prop up the prices of inner city apartments, to the detriment of their customers.

February 27, 2008

handy sites for searching for info on a bit of land in Melbourne

Filed under: real-estate — arandomperson @ 11:56 pm

myRPdata map property search – neato closeup satellite viewer better than google maps, but you have to pay for extra info: http://www.myrp.com.au/search.do

Victorian Government interactive map.. awkward javaish interface but very handy as well: http://services.land.vic.gov.au/landchannel/jsp/map/InteractiveMapIntro.jsp

February 11, 2008

google Australia lacking intestinal fortitude, censors Jenman link about Castran Gilbert

Filed under: real-estate — arandomperson @ 12:50 pm

This google Australia link has excised results, but does have a link to chillingeffects.org so what was censored can be viewed: http://www.google.com.au/search?hl=en&q=Castran+Gilbert

The same search from the main(?)/USA Google has the original results, linking to the Jenman article that expounds on Castran Gilberts practices.

Jenman has invited Castran Gilbert to sue him directly. So far they have not. This speaks volumes for the validity of their claims.

‘So sue me’ taunt to agents over ‘defamatory’ web articles – The Age article on the matter.

Article in the Australian Real Estate Blog

And on BoingBoing

update: reading further, Mark Forytarz, one of the principle characters in this sorry story has some kind of involvement with the Liberal party.

Interestingly a google search on Mark Forytarz on the international google shows up the full story, while a search on the local google shows the censored version of the results.

January 13, 2008

back to the real estate grind

Filed under: real-estate — arandomperson @ 2:03 pm

Well it is time to recommence house hunting.. interest rates are up several times since the last attempt went FUBAR, but we have more deposit saved. The good part is driving around with wonderful wife looking at houses. The bad part will be having to interact with those that work in real estate. Hopefully things havent changed so much that we can’t re-use some of the mortgage prep work we have already done.

October 23, 2007

house lost, back to the drawing board, thanks Ray White Noble Park

Filed under: real-estate — arandomperson @ 11:36 pm

Well within the space of a few days it all went to crap – well to be specific it was all crap from the start but we were unaware of it until close to the settlement date. Incredibly unimpressed with those responsible.

  • The “Contract of Sale” was never valid, it did not have all required signatures from both vendors on the night of the Auction. Well I guess we’ll know to look for this next time.
  • The real estate agent apparently thought this minor detail not worth mentioning to us.
  • This was brought to our attention by our Conveyancer, at least they were on the case doing their job professionally, though it was only mentioned to us fairly late in the piece, which caused me a bit of angst. At the time I was misguidedly directing part of my frustration at them as well, when really the problem lay elswhere.
  • We are not heavily out of pocket from all of this (though we have lost money on this whole fiasco), it’s more the massive letdown and waste of our time and effort, after spending most of the 65 day settlement period thinking all was fine and we had all of our house in order.
  • Looks like we were collateral damage in somebodys messy divorce, or something.
  • I could go on but it might devolve into a bitter rant.
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