Browse Forums Home Finance Re: Construction loan coming in 20-30K below contract price 6Oct 18, 2011 1:13 pm Michael Chan | Australia wide Mortgage Broker Michael@ShapeHomeLoans.com.au | 1300 74 5626 | Fax: 02 8212 8909 http://www.ShapeHomeLoans.com.au Re: Construction loan coming in 20-30K below contract price 10Oct 18, 2011 3:18 pm Michael Chan | Australia wide Mortgage Broker Michael@ShapeHomeLoans.com.au | 1300 74 5626 | Fax: 02 8212 8909 http://www.ShapeHomeLoans.com.au Re: Construction loan coming in 20-30K below contract price 12Oct 18, 2011 4:36 pm Michael Chan | Australia wide Mortgage Broker Michael@ShapeHomeLoans.com.au | 1300 74 5626 | Fax: 02 8212 8909 http://www.ShapeHomeLoans.com.au Re: Construction loan coming in 20-30K below contract price 13Oct 18, 2011 4:50 pm Building NBG Buckingham 46 on Property in rural Victoria my Building Thread viewtopic.php?f=31&t=46837 Re: Construction loan coming in 20-30K below contract price 14Oct 19, 2011 7:30 pm I've had a chat to the new person, MyRates, and the valuation is back. The land is more reasonable this time, the house has come in at 190K. The explanation was that the tender is fair, but the "luxuries" will not be counted by the bank. However, due to my first home owners grant and my deposit, I should be ok to get the loan....at 90% I'm going to run a curiosity survey about the price in the building forum.... 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 19108 Hi, you've probably already resolved this, however, Commbank will probably pay the funds to you after you send evidence the work is done regardless the change in the quotes. 1 35330 Get some long brass machine screws and bolt right through the gate and put brass acorn nuts and washers on the other side. It will never come off 1 9082 |