12 May 2008

The following day

Got S off on the road to Melbourne. Waved her off at 10.00am and then went off to work.

B, the agent, rang saying rather than writing the outstanding work into the contract that I should go to the house for a final inspection. The remaining work isn’t supposed to take long. The laundry needs some work and the bedroom wardrobes still have to be fitted and finished off. The work is expected to be completed within a week.

Bsaid the bond guarantee was acceptable. S was anxious to get signed up for it without delay.

B also made a point of saying we got a good deal. She said the vendors had purchased a property for $500k+ and were anxious to reduce their “110%” loan. Is this another way of saying they might have bridging finance on their new property? She also said a few people are ringing her, wondering why it has an “under offer” note on it when there have been no open days as yet. Perhaps, as she said, we have been lucky.

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