Browse Forums General Discussion 1 Jul 01, 2013 10:08 pm Hello everyone, Just looking for some general advice in regards to the situation im currently in. I signed up with Ideal homes to build a house and land package in Perth here and it was all going smoothly until my finance fell through. I received the 2k deposit back from the land i had put down.. but ive been told i will not get any of the 2k back from ideal homes. Im currently in the process of getting the contracts to read through .. but the only thing done was some drawings to make sure the house fit on the land we had chosen.. nothing in regards to the land soil had been tested or siteworks had been touched as the land hadnt been titled yet and wouldnt be until after august. Now i can understand if i had pulled out of this deal on my own accord that the deposit would be lost.. but this was something out of my control and the consultant never explicitly said i would lose it .. as it was all "Subject to finance" Can i get at least some of it back?.. or is it a lost cause? I also paid the deposit on my credit card as i was told by someone it is easier to charge it back as its always a struggle to get it back. Thanks guys for your time. Ryan p.s i will be getting a solicitor to look at the contract and im not looking for 'legal' advice.. just some previous experiences with this situation. Cheers .. Re: Exiting House and Land package due to failed finance. 2Jul 02, 2013 6:25 am I think it's fair they keep the $2000 as they have done work for you. You say it wasn't your fault that the finance fell through. But I'm guessing it wasn't the builders fault either. Re: Exiting House and Land package due to failed finance. 3Jul 02, 2013 7:35 am builders deposit are usually non refundable. did you get a reciept for it stating it was refundable/ non refundable? you were just referred to get advice from your solicitor. This is a legal matter. Separately, why would you use a buyers agent for a house and land package? 3 57702 13 6632 2 5503 |