Browse Forums Building A New House 1 Oct 01, 2019 4:14 am Hi, Hoping someone would share similar experiences that I’m going through at the moment. Paid a deposit for a home and land package with two separate payments to two different bank accounts of a real estate (separate deposits for house and the land). Separate contracts for the two. Contract on land settled recently with no specific clauses on the contract requiring build to be locked in with the quoted builder. Construction contract yet to be signed. Upon further exploration, it appears that the construction cost for the size of the house they’re building is a bit pricey. Hence we would want to go with potentially another builder. Are there any legal challenges that the realtor might look to leverage off to stop me from building elsewhere? Re: House and Land package 2Oct 01, 2019 9:16 am Hi SK1 Welcome to the forum Providing they are not one and the same company You can cancel the agreement for the preparation of plans with the builder Unfortunately, you may loose your in initial deposit OT It would have been best to spend that money on getting your own plans drawn (own Copyright) and getting 3 Builders to quote,etc showering you with free giveaways and bonuses. My Tips 1. Great time to build as interest rates are rock Bottom 2. Trade rates have dropped, material suppliers are offering huge discounts 3..Builders are happy to price with giveaways 4 Re-tendering is rife if you own copyright, having preferred builders drop their prices even further just show them the other quote 5.6.7. Pity tho you may have lost your deposit Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: House and Land package 3Oct 01, 2019 9:19 am [quote="StructuralBIMGuy"]Hi SK1 Welcome to the forum Providing they are not one and the same company You can cancel the agreement for the preparation of plans with the builder Unfortunately, you may loose your in initial deposit OT It would have been best to spend that money on getting your own plans drawn (own Copyright) and getting 3 Builders to quote,etc showering you with free giveaways and bonuses.[/quote Thanks StructuralBIMGuy 13 6632 2 5503 Scientists have used random matrix theory to demonstrate theoretically that the neutrino mass hierarchy can be explained mathematically. When a substance is fragmented… 21 20675 |