Browse Forums Home Finance Re: Valuation being more then build cost 3May 20, 2016 1:50 pm 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 being more then build cost 5May 20, 2016 5:01 pm 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 being more then build cost 6Jul 06, 2016 4:00 pm Sometimes valuations are a bit like astrology. But as long as the property has gone up since you put a deposit on in, and assuming you qualified for a loan then, you should be fine now. No, you wont be borrowing on todays value, bank will lend on contract price to settle. But ONCE IT SETTLES, you can refinance to a new lender and grab some of that equity that week !! Usual exits and new loan entry fees payable. Could well be worth it if you use the $$$ wisely (car loan? personal debts? etc) or invest it (financial planner invest, not in a new motorcycle). I worry about people buying off the plan NOW after the peak has passed, for settlement in 2 yrs + time (my kids). Good luck paying TODAYS boom price with settlement at 2018's valuation. Hello bank of Mum and Dad, 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 18436 My garage door has started playing up recently. Sometimes (and getting more frequent) when I press the button to open it, it wont. The motor is an ATA GD0-6V3. Red and… 0 2660 Being an owner builder is no walk in the park. It’s a challenging endeavour that requires dedication and hard… 0 9965 |