A Random Person’s Random Investments

Well last Wednesday night we took a punt at an auction, and got a place. So now quiet living out in the ‘burbs beckons.

Wierd about the auction was that after discussing all sorts of auction and bidding strategies, we ended up being the only bidder, bidded up to the reserve and got the property straight off. After observing a few auctions we have noticed they can be real hit and miss in terms of bidder interest.

Interest rates up and the share market rocky at the moment makes it a wierd time to buy but we have have the resources to push it through, and we havent overextended, going for a cosy unit rather than a palace.

Now its over to the conveyancer and mortgage provider..

Excellent source of information from a series of related web sites by the Real Estate Lawyer Peter Mericka. Some good advice on the stumbling blocks on dealing with the Real Estate industry from the legal side.
Also a good example of well done web promotion.. starting with excellent, relevant content, and a series of topically named mutually reinforcing web sites feeding traffic to each other.

http://www.lawyersconveyancing.com.au/
http://australianrealestateblog.com.au/
etc..