OPINION by Tim O’Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au This unsolicited letter is currently being sent by email to Re/Max agencies around the world: “As a fellow Re/Max Broker, I’m writing to ask if you or perhaps a colleague might be interested in a U.S. referral opportunity in Chicago. Many International real estate investors are purchasing cash flowing houses, condominiums, and apartment buildings at 50% of what they were once selling for in Chicago. ...
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OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au Simon Tsang was a novice property investor who made his second inspection of a likely rental house on a Saturday. That night the saleslady from the seller’s estate agency phoned. She wanted Simon to make an offer. So he did – over the phone. When the saleslady became a little stroppy Simon willingly increased his offer. Still not happy, the saleslady told Simon she would give him...
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