Browse Forums Home Finance Re: Valuation shortfall on Contruction component of our loan 2Mar 25, 2021 8:30 am Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building Re: Valuation shortfall on Contruction component of our loan 3Mar 25, 2021 9:31 am Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Valuation shortfall on Contruction component of our loan 6Mar 25, 2021 2:54 pm kevinp8590 We have an excellent broker and have 100% faith in him. We are just going to write the letter and include our justification of the difference in variance which I hope they accept. Love this, good work!! Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building Re: Valuation shortfall on Contruction component of our loan 7Mar 25, 2021 4:05 pm kevinp8590 Hi there mate, thanks kindly for the welcome. We have a fixed price contract which we are happy with. Funnily enough, it was the cheapest of the 4 quotes we obtained. Just be mindful that contract costs can be varied in extenuating circumstances, ie. before the build starts by builders variation. It's also up to you whether you accept it. Once the build starts all bets are off....goodluck Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Valuation shortfall on Contruction component of our loan 8Mar 25, 2021 4:11 pm StructuralBIMGuy kevinp8590 Hi there mate, thanks kindly for the welcome. We have a fixed price contract which we are happy with. Funnily enough, it was the cheapest of the 4 quotes we obtained. Just be mindful that contract costs can be varied in extenuating circumstances, ie. before the build starts by builders variation. It's also up to you whether you accept it. Once the build starts all bets are off....goodluck Thanks for the heads up mate. We have a very good relationship with our builder, so that gives even greater comfort. I second taking your plans elsewhere. They're yours (unless you ended up in one of those cheaper arrangements where you don't own the rights and the build will be tendered… 2 23866 Hi there, I hope someone can give me some insight into a (very lucky) situation I'm dealing with. My Mum was gifted property by my grandfather after he passed. My… 0 5446 of course there are legal avenues. You've already mentioned it. Sue them. I find it odd that lawyers wouldnt be willing to take on the case, given CCT evidence and… 1 51411 |