joh117

I had to share my news as I am happy. We finally found a house we both loved last night and have had the offer accepted subject to finance.

We have applied for a mortgage with HSBC as they will lend while on probation. We should hear within the next week or so. Fingers crossed.

The only stipulation is we must keep 6months worth of mortgage payments in a term deposit account. Not a problem for us.

Now to go out and buy furniture.

Have a good weekend guys

Jo

ABCDiamond

Congratulations.

Whats the house like then ?

joh117

http://www.raywhite.com/cgi-bin/rsea...0&fmt=&header=


Theres the link

Jo

jayr

Wish I could find a house like that for that money! Nice kitchen and bathroom by the way

Jaykay

Congratulations Jo, it looks fantastic, just what we are looking for too, although Somerville is a bit far away for us.

Regards

joh117

Cheers

We have all our friends on the penninsula so hence why we bought down here. Seemed daft to buy nr the city to spend our weekends on the penninsula. It is only 30 mins from my work and 10 mins for hubby to drive to the station. He will be travelling alot with the job so I guess it doesn't matter where we live in relation to the city.

It is great value for the money. We got it for 269,000. So even better. Also just found out the HSBC is not charging us the fees etc... and will be giving us $200 cash back to use for the valuation. So all in all a good day. Hubby is stressed to the limit though as it has all been his hard work today as I am at work.

Think we will be drinking tonight to celebrate.

Anyone able to recommend where to go for appliances?

Will go to The good Guys and other ideas??? Will be paying cash

Jo

joh117

Thanks

It is great value for money and with space to add on if we want or put a pool in.

ANA123

Jo,
Hadnt seen this when I replied to your pm....house looks great, brilliant price too, congratulations

Michaela

helinuk

Well done- lovely looking house. Somerville very nice-(I had a quick look at it last year when I stayed in Dromana.) close to all the vineyards, strawberry farms, veg fruit farm shop, shopping in Mornington I have a few friends down there on the Pennisular too.
How long does it take for the paperwork to go through for you to move in?

ABCDiamond

Make sure you push them to the limit for a GOOD cash price !

Good Guys are very negotiable

janeyray

Hey that looks a lovely house. Well done. The garden looks a lovely lush green!!

Hope everything goes through ok with it!

joh117

Yeah we were suprised how green the garden was as most round here are dead looking due to the drought we thought maybe we had bore water but the agent said not. However we have had a couple of weeks of rain now so maybe it recovered quickly

Cheers

Jo

joh117

Well we have had our home loan conditionally accepted with the HSBC.

Our situation

I have been working 2 weeks my husband 2 days.

The conditions are we must provide a payslip each. I get mine friday and my husband gets his next thursday.

We must put $9,200 into an account for 6 months this equates to 6 months home loan payments. It will earn interest and we have this money already in a term deposit account with the HSBC.

That the house is worth the price when valued.

The offer was accepted on friday lunchtime and the homeloan paperwork arrived with the HSBC monday morning by tuesday afternoon we have a conditional acceptance. How quick is that?? It is a refreshing change to the process we became accustomed to in the UK.

Things are looking good

Jo

ABCDiamond

It's nice to hear a good result

mrttennis

Was in Good Guys a couple of weeks ago - they said 10-15% off for cash. Would asking for 20% take the biscuit??