I'm about to prop it up as a FHB.The mortgage broker is coming...

  1. 613 Posts.
    I'm about to prop it up as a FHB.

    The mortgage broker is coming around on Thursday evening. Thanks to some stellar share performance the GF and I have built up a portfolio/deposit of 65k.

    Looking to buy house in Gold coast for 400k.

    I'll be very dissapointed to be leaving the gambling funhouse that is the share market.

    How is one meant to know when is a good time to switch out of shares into property(first home to live in)? I still believe shares have a bit more go in them and property will stagnate over the next year. It seems though some areas im looking are being snapped up.

    Anyone got any theories on Real Estate Agents inflation on asking prices? Can it be resonable to offer 380-400k on a 420-450k asking price?

    Also what do the agents respond if you ask how much they would pay for the house if they were going to buy it?
 
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