Hi there, could someone pm me the details of fence contractor that you've used...appreciate if you can share what's the price per linear sq mt you paid ...thanks in advance
Browse Forums Building A New House Re: Building At Edmondson Park 3064Jul 07, 2016 10:17 am $395 Fixed Priced Landscape Plans for DA M: 0435 127 244 | W: bluegumdesign.com.au | E: info@bluegumdesign.com.au Residential | Commercial | Industrial Re: Building At Edmondson Park 3079Jul 20, 2016 4:42 pm Galedpk bluemviews Need some more advice - we had taken pre approval from the bank for the construction loan - the bank told us they would go to unconditional approval only after they received the signed contract. I sent them the signed contract couple of weeks back and they are going through the motions - the approval will come it's just that I am losing time . I can make the 5% deposit needed at this stage on my own but had planned to get the bank to do it as first progress payment. How is it being done by others . Just for me to get an idea . I had not estimated the bank would take so much time else would have made the payment on my own at the start. Am chasing the bank but there's only so much one can do chasing. Do let me know how are most of you handling the first progress payment- on your own or thru the bank. Thx Not sure of you situation but ours was. We borrowed 80% on the land leaving the majority of our funds in offset for the construction. Bank will not release any of their portion of the construction until we have paid all of our contribution first. We are bankwest but i believe all or most of the banks are the same on this. They will not pay any funds in a construction loan until you pay the amount that you have said you will contribute first. If you are in the situation where you are borrowing 100% of the construction and you pay the deposit you will not get the deposit back untill the very end when they will deposit any unused funds into the account that you nominate. They will not reimburse you for the deposit before the end of construction. Our situation is different. We have two loans. One for the Land at 80% (Principal and Interest) and a second loan 85% for the Construction (Interest Only while the house is being built to reduce repayments) and will merge the two after completion to 1 loan (Principal+Interest). Re: Building At Edmondson Park 3080Jul 21, 2016 11:46 am bluemviews Need some more advice - we had taken pre approval from the bank for the construction loan - the bank told us they would go to unconditional approval only after they received the signed contract. I sent them the signed contract couple of weeks back and they are going through the motions - the approval will come it's just that I am losing time . I can make the 5% deposit needed at this stage on my own but had planned to get the bank to do it as first progress payment. How is it being done by others . Just for me to get an idea . I had not estimated the bank would take so much time else would have made the payment on my own at the start. Am chasing the bank but there's only so much one can do chasing. Do let me know how are most of you handling the first progress payment- on your own or thru the bank. Thx I also paid the 5% deposit using my own funds, the bank to fund the rest through progress payments. However, our builder would not put us on the construction list until they received an authority to commence letter from the bank, this is what caused me delays. Hey guys building a new place through a volume builder and just wondering if i should complain to the site supervisor as we just had plasterboard installed. Looks like… 0 11797 |