Browse Forums Home Finance Re: Building for less than contract value. 2Apr 16, 2014 1:10 pm Thread: viewtopic.php?f=31&t=66299 Slab: 16/6/14 Frame: 4/7/14 Roof: 22/7/14 Lock Up: 20/8/14 Fixing: 26/8/14 PCI: 9/10/14 Handover: 20/10/14 Re: Building for less than contract value. 4Apr 16, 2014 2:16 pm Thread: viewtopic.php?f=31&t=66299 Slab: 16/6/14 Frame: 4/7/14 Roof: 22/7/14 Lock Up: 20/8/14 Fixing: 26/8/14 PCI: 9/10/14 Handover: 20/10/14 Re: Building for less than contract value. 6Apr 16, 2014 3:35 pm Thread: viewtopic.php?f=31&t=66299 Slab: 16/6/14 Frame: 4/7/14 Roof: 22/7/14 Lock Up: 20/8/14 Fixing: 26/8/14 PCI: 9/10/14 Handover: 20/10/14 Re: Building for less than contract value. 7Apr 16, 2014 4:41 pm Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: Building for less than contract value. 8Apr 16, 2014 5:41 pm The Harder You Try - the Luckier You Get ! Web site http://www.anewhouse.com.au Informative, Amusing, and Opinionated Blog - Over 600 posts on all aspects of building a new house. Re: Building for less than contract value. 9Apr 23, 2014 8:45 pm This sounds like a really terrible plan. First of all, I think you were ill advised by your broker and cannot understand why they would give you such advice, except maybe in the hope that you would just take the $230k and he would get more commission. Secondly, banks are not stupid. You won't be able to just get the money to shop around, that is a personal loan. They just won't give you the final $30k. I'm wondering why the builder has taken it upon themselves to take your kitchen out of the contract? Why don't you just ask them to remove the items that you bumped up to $230k? Also, I don't think that the builder is going to falsely invoice the bank for $30k of extra work and then give you the cash so that a competitor can do the work instead of him. Sounds like you need to walk away and start again, being honest about it. There's plenty of hoops to jump through to make sure people don't do these kinds of things so I don't think you will get the outcome you want. Good luck. My build thread: viewtopic.php?f=31&t=70636&p=1161767#p1161767 at most it will have a short lintel which could be moved up just below the ceiling or even above. Above means you need to patch the cornice and might need to deal with… 2 61362 You talk about deletions, are they variations or PS and PC adjustments? pleas list them 1 16542 As a tradesmen get a private inspector although I don't think there worth it in their profession themselves the reminder they serve to the tradesmen doing the work is… 3 27345 |