This is probably a silly question but its past 5pm and cant get a hold of our broker
On Monday I submitted the final progress payment for our build- a valuer came out to inspect on Wednesday. Then today I see there are 'surplus' funds that have been deposited - I do remember giving the broker our bank details on Monday but didn't really think to ask what surplus funds even mean? Can someone explain this final process? Does that mean the final payment has been progressed to the builder (I think that's supposed to be a cheque to collect) And where do additional surplus funds come from?
Thank you (first time building newbie)