Browse Forums General Discussion Re: Builder 550 days into a build, and little progress on si 2Sep 11, 2023 11:48 am Legal action? Ask a lawyer The reality is that at lockup the builder has 60% of your money including all of the profit. With that gone 40% is not enough to finish the job, likely thats why you are not seeing action. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: Builder 550 days into a build, and little progress on si 3Sep 13, 2023 9:35 am next question would be, are there any good construction lawyers that can be recommended? is it worthwhile banding together with other impacted parties? Re: Builder 550 days into a build, and little progress on si 4Sep 13, 2023 11:35 am hammerthis is it worthwhile banding together with other impacted parties? not unless you like more delays and a good chance of scaring the builder into liquidation instead of scaring them into getting your house built. Re: Builder 550 days into a build, and little progress on si 5Sep 13, 2023 1:30 pm If the builder is in liquidation it will trigger How insurance claim, that may be enough to finish the job. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: Builder 550 days into a build, and little progress on si 7Sep 13, 2023 3:41 pm In Victoria a certificate of HOW insurance is noted on the building permit. No insurance, no permit. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: Builder 550 days into a build, and little progress on si 8Sep 13, 2023 4:45 pm We have verified that insurance with VMIA is current and present on our build. We can not speak to the financial state of the builder, and speculation doesn't help us or the builder. I'll be here once a week, lets make that Mondays. If you have a question, this will be the day I will log in for a look around.. If your lucky, sooner. Ask away...… 0 6575 Hi Kristen24 I am so sorry that you are going through this. Other than losing money this is the worst part of a builder going broke and I can't believe he is holding… 1 793 5 7025 |