Browse Forums Home Finance Re: Construction loan 5Jul 02, 2013 1:39 pm If you know you are definitely going to upgrade something, just get everything costed and put into your contract now. We knew we wanted full length windows, stone benchtops, air con, painting so we put that all into our initial contract before we ever got to the pre-start so we could get our house as turn key as possible and there were less surprises down the track. Even if you don't end up getting the builder to do this, get them costed up from the get go. In saying that we got the builder to do pretty much everything as we wanted to be able to move in as soon as it is ready and avoid the hassle of doing anything ourselves. https://forum.homeone.com.au/viewtopic.php?f=31&t=64434 Building our own custom design based on the Elwood by Dale Alcock Land settled - November Plans submitted to council - January Prestart - March Slab - 18 September Brickies - 23 October 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 19096 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 35320 How much are you ahead in payments compared to where the build is at? Have you fully drawn down the loan? 5 11915 |