Browse Forums Building A New House Re: First home buyer/build and question around loan process 14Mar 12, 2022 7:17 am sharathps @timlavelle I hope everything is going smooth with your build. Did you receive Bank Valuation for the land and how did you go? Any lot in box hill seems to be around 1 Million at the moment. Thanks Our registration is scheduled for March - May, but we got an email from Stockland telling us that they have submitted the DA paperwork, but due to backlogs, the land registration could be as late as June or July. So, no loan or mortgage done yet.. but my wife and I have planned well and we are coming almost $100K under our budget and we have all the extras and variations we wanted as well. The biggest challenge will be if you take out a loan and then run out of money - you'll have an incomplete security and lenders do not like this so you can get stuck.… 2 20092 Not much in this responce. My suggestion is, what are you looking to build and why. This will all be impacted by the local councils planning scheme. Familiarise yourself… 6 6210 Hi, you've probably already resolved this, however, Commbank will probably pay the funds to you after you send evidence the work is done regardless the change in the quotes. 1 36597 |