Browse Forums Building A New House Re: Valuation Issues - Grandvue, Pakenham 4Sep 17, 2016 8:42 am B_and_V Hi Guys, My partner and i have decided to build in Grandvue, Pakenham. Everything went fine with the purchase of our land but when the bank has valued the 'house and land package' it has come up $30K short. Has this happened to anyone before? We are not sure what to do from here... do we trust the banks valuation and assume we are paying far too much or do we dispute it with the bank?! We are first home buyers... Any help, advice or suggestions would be welcome!!! We are building on the Officer side of Grandvue and this has just happened to us as well. We were told because there is not enough of an established sales history in the area yet that the bank valuation will come in quite a bit under. In addition they do not take into account a lot of the aesthetic upgrades that may be added. I am looking at building a house. Has anyone used Construkt Homes (based in Adelaide)? Does anyone have experience with this builder? 0 6450 12 5320 Industry type domestic contracts are prepared by industry bodies for the benefit of the builders. This means that if you are the owner watch out. One of the points is… 0 3226 |