Browse Forums Building A New House 1 Feb 01, 2011 12:16 pm We have been looking for a Builder to build on our plot of land, this is our first time and its been a very stressful and a long drawn out process. We narrowed our choice down to a couple of volume Builders and at one point we were asked for a deposit of $500 at Simonds Homes to secure a promotion deal. They took $1000 instead of $500 and that was back in December. We decided not to go ahead with them 3 weeks later and asked for our deposit back and we are still waiting for it. Has anyone else had problems with getting their deposits back from Simonds Homes? Re: DEPOSIT REFUNDS 2Feb 01, 2011 12:27 pm I have heard of horror stories when people request their deposit back. If they have done a soil test then don’t expect anything back. The consultants try their hardest to get you to put down a deposit by trying to scare you by saying that prices will increase soon or the promo will end. Take your time as you making the biggest financial decision of your life. Good Luck In NSW the maximum deposit for building work is 5% until the builder provides HBCF insurance 1 4785 |