Browse Forums Owner Builder Forum 1 Oct 17, 2011 5:41 pm We are applying for Owner Builder Loan via Westpac and Westpac has asked us to get the Independent Advice Report filled by a registered Builder. It is a very simple one page estimate of the costs of the the build. Does anyone have a registered Builder friend or know someone that can likely help us out with filling in the form, obviously we will pay for the hours that takes to fill the form. I am located in the eastern suburb of Melbourne. Thanks in advance. Re: Owner Builder Loan - Independent Advice Report Builder R 2Oct 18, 2011 12:22 am why dont you pay and get a professional estimation done! Saves time and there is no begging involved! Re: Owner Builder Loan - Independent Advice Report Builder R 3Oct 18, 2011 8:19 am Quote: why dont you pay and get a professional estimation done! Saves time and there is no begging involved! Well any of the professional estimators I know ( Quantity Surveyors ) charge about $1200 to $1500 for basic stuff. It might save time but it sure won't save them money ! Stewie Re: Owner Builder Loan - Independent Advice Report Builder R 4Oct 18, 2011 5:23 pm This is the form from Bank. http://imageshack.us/photo/my-images/6/unled123g.png We dont really need a professional estimate done, we just want to satisfy what the Bank want and I thought that the form is just a simple one page estimate and can be completed by an Architect, Civil Engineer etc, just not the Architect/Engineer working on our project. Re: Owner Builder Loan - Independent Advice Report Builder R 5Oct 19, 2011 8:14 am I'd still approach a couple of builders rather than anyone else for this and pay them for their time as you already mention. Probably quicker and cheaper. Stewie The biggest challenge will be if you take out a loan and then run out of money - you'll have an incomplete security and lenders do not like this so you can get stuck.… 2 19097 It is true that a builder can ignore your independent inspection report as it is not part of the contractual arrangement but that is stupid because he cannot avoid fixing… 9 46854 |