Browse Forums Building A New House 1 Jan 23, 2008 8:03 pm We are building in Tarneit Gardens, and have just found out that our land release has been delayed again!
We originally put a deposit on our land in March 2007, with the original land release being due for August 2007. It has been delayed several times, but it has been specified as February 2008 release for several months now, and work on the stage has been going along well. We don't understand why all of a sudden it is being pushed out by another 2 months, which is 9 months delay from our original date! This is also increasing the cost of our house being built with every month we are delayed. We are going to see what info we can get out of the land developer, but am wondering if anyone else is in or has been in this situation, and what did you do? We are getting extremely frustrated at this point in time. Thanks in advance. Re: Land Release Delay 2Jan 23, 2008 8:05 pm jbear We are going to see what info we can get out of the land developer Our land contract specifies that the developer has 18 months from the auction date to settle on the land, even though the property manager insists it'll be ready in 6 months. I reckon somewhere in between is probably more correct, so I'm suspecting our land will only be ready in 9 to 12 months. Which actually suits me, because I can save more and put down more deposit and potentially lower my mortgage insurance. Re: Land Release Delay 3Jan 24, 2008 6:44 am There could be any number of reasons for the delay. Before you title can be registered - I think there needs to be some sort of inspection by Council to make sure the developer complied with all the regs & requirements. If they haven't - then they need extra time to fix everything.
You haven't been waiting too long. We put our deposit down in May 06 - were told land would be ready in 12 months (May 07) - we are at the moment looking at July 08! After 4 years - we're in! Hi, My home construction is complete, and the handover is scheduled next week. However the construction has been delayed and I have raised this to the builder. The… 0 5672 1 10180 Not sure, depends on the builder. We are mid build with McDonald Jones, and they have been perfect so far. Contract signed October 2023, Slab went up 1st week of February… 2 2268 |