Dear Readers,

Last night, we posted on the lastest information surrounding the sale of our family home in Castle Hill. After posting the information on this web site, we then emailed Elders Real Estate Castle Hill to let them know that we know they are promoting our property now and that we have put up a post about it on this web site.

This is the first listing we found on the RealEstate.com.au on Thursday 16 October, 2008. Again, the marketing approach for this property states Property Must Be Sold! In other words, the owners are really desperate and it needs to be sold.

So when we found that Elders Real Estate Castle Hill were now promoting this property, we went over to their website and did a search to show all their property listings for homes over $700,000.

We found nothing.

Then we did a search for all their listings over $650,000.

We found nothing.

So finally, we then did a search to show all properties that are $600,000 and above.

Bingo! There was our property listed just under a home that was listed for $609,000! This seems like an intention to attract buyers in the $600,000 price range, otherwise they would have no reason to deceive the public… surely, they would never do anything like this. They are Real Estate Agents after all, and we all know they tell the truth and hold ethics in the highest esteem.

So we thought we would keep searching around to see how else our property was being promoted.

Now we know that Elders Real Estate Castle Hill will probably think we have too much time on our hands, but its important that everyone knows what goes on with these mortgagee in possession sales.

Lets face it, if there was nothing wrong with how they were attempting to market and sell our property, why would they suddenly remove all references of the property less than 12 hours after hearing from us?

Again, we see the sub heading read Property Must Be Sold! Basically, the wording, and the pictures are all the same as the what they posted on realestate.com.au because many of these web sites feed other web sites, to make the promotion process much faster.

At or around 1.00pm Friday 17 October, 2008 there had been 160 hits showing interest on this property. So, at or around 4pm Friday 17 October, 2008, in preparation for this post, we went back to Elders Real Estate Castle Hill’s web site, and found that the listing for our home had suddenly been removed.

Naturally, we figured this was a technical hiccup, so we then when over to realestate.com.au and then myhome.com.au. To our surprise, we found our property had been removed from these web sites as well.

Oh dear, what is going on now?

Luckily, we took note of the unique property id on the realestate.com.au web site. That unique property id was: 105278755.

The only thing was, this property id is no longer in the system.

The image to the left suggests this happens when the property has been sold or leased.

So where did this listing go?

We can only come to two conclusions.

1) The property has either been sold or leased, but how could this happen if Elders Real Estate Castle Hill and particularly, Grant McEnally followed the law, in the way properties must be promoted for sale? There is no For Sale sign at the property as of Friday evening, 17 October, 2008, and there never has been, despite Perpetual Limited now having the property in their possession for 3 months! How long does it take to prepare a contract for sale of land? (We had one prepared in 24 hours)!

2) They felt uneasy about promoting this property, and decided to remove it until they know their next move. You can’t help but think that they have got cold feet.

If you go to Google, and do a search on “22 Parsonage Rd” you will see that Google still has the listing details, but if you click on the listing in Google, no information will show up.

But the great thing about Google, is the way it stores the Cache listing of what it has already indexed into its search engine.

Google is good for many things, and this is yet another great feature of Google, showing how Elders Real Estate Castle Hill do the Now You See It… Now You Don’t magic trick.

So the results of the search in Google, when you enter “22 Parsonage Rd” show several different Real Estate web sites with the address of 22 Parsonage Road Castle Hill, but none of them display any information, because the details have been removed.

We have put a circle around the word Cached that appears under the Google listing.

Click on the Cached link and you will see that Google has a snap shot of what they indexed from these web sites a day or so before hand.

So we would naturally ask, why has all this information suddenly been removed?

We know that Elders Real Estate Castle Hill received our email because we have a Return Receipt from Christine Lawrence, who is listed as the Reception and Admin Assistant on their web site. We are yet to get a reply to our email, so we can’t say why this property listing has been removed from promotions.

All we did was inform Elders Real Estate Castle Hill of the whole truth about what is going to be happening from where we sit, and that we expect that Grant McEnally will be ethical with every prospective sales lead, with the information he does, and does not give out.

One closing question we would ask Grant McEnally from Elders Real Estate Castle Hill is about the price point that they setup on their web site. Did you really expect to bring in lots of people who believed they would be paying around $600,000 for this property? Was that your intention? If not, what was your intention? Is it true that “The Bank” set a very high reserve price, yet the buyer inquiry range is for $600,000 properties, so the property would naturally pass in? Is it also true that as a real estate agent, and with “The Banks” permission, you can then start receiving private offers? Is it true that Tony Anderson from Tagma Property Consultants (property introducers) have special buyers lined up to purchase these mortgagee sales, after the auction has been passed in?

You are more then welcome to place your comment on this website and we will publish it - you have the option of clearing these questions up to address the public’s interest, particularly those who are in the process of loosing their home in the same way as us.

In the Supreme Court of NSW, August 19 2008, Perpetual Limited’s Barrister clearly stated that they had received curb side valuations (not a true on site valuation), that the property was valued between $650,000 - $720,000 (and this was only a curb side valuation, way under true market value). When Perpetual Limited let us borrow the money for this property, they sent a registered valuer (September 2005) who attended the property for over 1 hour, going over everything with a fine tooth comb, came back with a $950,000 valuation.

We all know that bank valuations are normally more conservative, so we would really like to know why the search on your web site was set at $600,000 buyer enquiry price ranges?