澳洲Australia property Property Option - the nuts and bolts | Sy


在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m


Dear all,

Is there anyone in the forum who has the nuts and bolts of how to execute a deal using property option?

Any related information is welcomed.
thanks everyone.
:)

cheers  

评论
Hi Wings

The two main reasons for using a call option in real estate are:
1. to control some property while you get a Development Application done and
2. to control property that you intend to occupy or on-sell to others with some form of vendor finance.

We work in the second area and if you'd like to learn about real estate vendor finance in Australia, I suggest you do a search for Vendor Finance here. You'll get an immense amount of reading material in this forum.

A few web resources that may help in your search for information about vendor finance are:
http://www.propertyinvesting.com/strategies/wraps
http://www.propertyinvesting.com/strategies/lease-options
http://www.jvpropertypartners.com.au/index.php?option=com_content&view=article&id=50&Itemid=75
http://www.vendorfinancelawyer.com.au/
http://www.vendorfinance.asn.au/ The Vendor Finance Association of Australia
http://www.vendorfinanceinstitute.com.au

Cheers, Paul  

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