Browse Forums Home Finance Re: Land first then construction - confusing calculation. 2Aug 15, 2014 1:31 pm Building in Brisbane with Vernal-Corner & Buchanan https://forum.homeone.com.au/viewtopic.php?f=31&t=73636 Re: Land first then construction - confusing calculation. 7Aug 26, 2014 12:00 pm jb_money The only variable will depend on your total "as if complete" valuation come construction time. So if you can retain the 20% equity in the land, and if the construction valuation stacks up, then you have no problems. Also, to mitigate this by continuing to reduce your balance on your land you'll negate the risk of losing your 20% equity so you can avoid LMI. The only way I will loose equity is if the land value comes down? Hi, My home construction is complete, and the handover is scheduled next week. However the construction has been delayed and I have raised this to the builder. The… 0 5327 Yes you are correct, unless there are outside works which form part of the contract such as landscaping or driveways, and importantly, the work delayed is on the critical… 1 3528 Can someone please offer some advice? Im DESPERATE. Because I'm completely and utterly exhausted. How long are variations taking with other companies at the moment? We… 0 18470 |