Hi All,
I'm new here, but this forum looks very helpful!
Is anyone aware of any Builders particularly in the SouthEast VIC suburbs that do not require Progress Payments. (I know Jump Living was one, but they do Western Suburbs.)
Thanks guys
Browse Forums Building A New House 1 Jun 20, 2011 11:57 am Hi All, I'm new here, but this forum looks very helpful! Is anyone aware of any Builders particularly in the SouthEast VIC suburbs that do not require Progress Payments. (I know Jump Living was one, but they do Western Suburbs.) Thanks guys Re: Victoria: South East Builders that have NO Progress Paym 2Jun 20, 2011 5:45 pm A question: Why don't you want to have progress payments? I wouldn't go for a deal like this for the following reasons 1. If the builder has to borrow money to fund the whole build his finance will be going on top of the cost to build. 2. Its limiting your choice of builder, I'd rathe go for what I thought was the better quality than a financial deal. 3. Builders that do this are more likely to fail which will leave you with a half built house on your land. The Harder You Try - the Luckier You Get ! Web site http://www.anewhouse.com.au Informative, Amusing, and Opinionated Blog - Over 600 posts on all aspects of building a new house. Re: Victoria: South East Builders that have NO Progress Paym 4Jun 21, 2011 10:03 am Well the ONLY reason being we can't afford to pay rent and a mortgage at the same time..we thought it might give us a slightly higher buffer of cash. But like you said, rather go with a big builder than something less trust worthy... Cheers Re: Victoria: South East Builders that have NO Progress Paym 5Jun 21, 2011 6:37 pm Ash2012 Well the ONLY reason being we can't afford to pay rent and a mortgage at the same time..we thought it might give us a slightly higher buffer of cash. But like you said, rather go with a big builder than something less trust worthy... Cheers Ahhh, yes, we all understand that trauma!! Good Luck!! 5 6812 Keen to hear from people in the area who have got KDRB done on whom they got the build from? Looking for recommendations. Thanks 0 21099 8 6137 |