Browse Forums Building A New House Re: Clydevale, Clyde North VIC 98Jul 14, 2016 8:21 am Ahhh so exciting Staceee.03 not long before you'll be in your new house, quick question did you have any trouble with the bank under valuing your land? im so nervous. Building Carlisle RIVA 29 - Clydevale, Clyde North, VIC. Re: Clydevale, Clyde North VIC 99Jul 14, 2016 8:23 am I was really nervous about that aswell but it came back at value, I think they rarely undervalue, if your building with a big builder I don't think you have anything to worry about they would know but with a small builder maybe that's where problems are. I dunno just guessing. I'm sure you'll be fine. What stage are you? Re: Clydevale, Clyde North VIC 100Jul 14, 2016 9:01 am Hi Guys, Our home is also getting built. Exciting times, it's close to fixing stage. The paint is getting done. I am currently in stage 2. I hope the prices don't go down as then the bank comes up with all sort of dramas. Ours luckily was fine as I bought the first lot ever sold in Clydevale and was at a good price. I believe if the prices you guys paid for 400 sq if it's approx around 220K the valuation should come OK. Moreover it's to an extend in the banks interest to provide you with a loan as well. Having said that I would try to make sure I have some extra funds just incase if they create any dramas as from the banks point of view if they charge loan mortgage insurance it's good for them as they are personally secured. Let me know how you go with your loan application. Also, keep this in mind a loan approval which has gone through the valuation is only valid for 3 months, beyond that they will have to value it again. As per some of the discussions which I am seeing in here, the other stages are not getting titled till Jan 2017 if that's the case personally if you ask me there is no point running after the banks at this stage as close to the settlement you will have to get the unconditional approval again with a new valuation. Hopefully it makes sense. Wishing everyone good luck with the building and loan approval process. The warning is on the sticker on the door too. Second the aluminium powdercoat 6 19052 Hi, can anyone recommend a custom home builder who can build in north east area? Looking to build a custom 4-br energy-efficient home with a max budget of 750k. If they… 0 23604 May I ask why you chose not to use GJ Gardiner? I'm actually meeting with one of the sales guys tomorrow for an appointment. Definitely not signing anything yet… 3 14004 |