Browse Forums Building A New House Re: Question re Final Payment and bank valuations 2Dec 08, 2009 12:50 pm 'A bottle of wine contains more philosophy than all the books in the world.' Louis Pasteur Vegie garden: viewtopic.php?f=19&t=27637&start=0 My Backyard Adventure Re: Question re Final Payment and bank valuations 3Dec 08, 2009 2:08 pm Building Thread viewtopic.php?f=31&t=13002 Site start: 8th July 2009 Handover: 11/12/2009! 5 months total build time. 40 sqs of luxuary...Bliss! Re: Question re Final Payment and bank valuations 4Dec 09, 2009 7:29 am Current build Porter Davis Brookwater 49, Eucalypt Wollert Build: 24th Jul 2015 - Approx Mar 2016 Previous build DFH Columbia 21, Lyndarum Epping North Build:20th Jul 2009 - 18th Dec 2009 Re: Question re Final Payment and bank valuations 6Dec 09, 2009 10:09 am just not sure how it will be for me - my bank manager isn't replying to my email. I think I will call her. She has already told me I am looking after the bank cheque myself and don't need to involve them. My mortgage was fully drawn as of the fixing stage progress payment. Current build Porter Davis Brookwater 49, Eucalypt Wollert Build: 24th Jul 2015 - Approx Mar 2016 Previous build DFH Columbia 21, Lyndarum Epping North Build:20th Jul 2009 - 18th Dec 2009 regardless, your contract stipulates a payments schedule and SOPA doesn't give provision to that scenario. Your contractual terms appear to stand. Hence get a lawyer, it… 4 11916 How much are you ahead in payments compared to where the build is at? Have you fully drawn down the loan? 5 11960 There is no reason why building contract reconciliation cannot be done prior to handover, if the builder won't do it get someone to do it for you. Why would you pay for… 3 6713 |