Tuesday, July 31, 2012

Day 2 of Project – 1 August, 2012

Today I went out for breakfast (with aforementioned friend in the industry – purely coincidence), met the accountant for our annual accounts talk (second more lucrative income),  went to the movies (Bel Ami – don’t bother) then out for dinner (Japanese). A big day.

I also, bought an E-valuation on line for the paltry sum of $47.95 that told me the property had an estimated value of $461,000 with a medium confidence level of selling.  Go figure. 

I am still unsure of how many bedrooms and bathrooms the property has but have requested an appointment with the letting agent to meet the *tenants.

The insurance broker has also got back to me with a policy that runs out in September this year, that she assures me will be transferrable as long as “the Builders Report” confirms the building is structurally sound and that the purchaser is acceptable to the insurer.  Note to self; arrange builders report.  (Wild note taking has begun on whiteboard).

*Also googled “Can you sell a house while the tenants are on a fixed contract?” and was informed that you could, but, here’s the big hairy but....the tenants were entitled to stay till the contract expires. (Bugger, 8 months from now!).

Very helpful website that I must read that explains this stuff:  www.dbh.govt.nz/

Another huge day of admin.  Must go get ready for dinner.

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