Browse Forums Building A New House Re: Anyone else building at Piccadilly Estate, Riverstone? 488Feb 23, 2017 2:47 pm Hi all, So nice to see future neighbours getting to know each other before we all move in, this is an opportunity we would not get under other circumstances. I am sure that we will be having many chats on this forum during the next few months and having many questions asked and answered. So very helpful. Silvia ? Re: Anyone else building at Piccadilly Estate, Riverstone? 489Feb 23, 2017 3:30 pm Feeling is mutual, Silvia. However, a little disappointed that have not heard anything from owners of Lot 75, 76 & 78 who will be my immediate neighbours. Perhaps they are not aware of this forum......... Re: Anyone else building at Piccadilly Estate, Riverstone? 490Feb 23, 2017 3:36 pm Good see the Piccadilly estate community getting formed electronically. Probably the next step is have a facebook group - Probably a reason for me to have one created Update: On a recent interaction with Joel couple of days back, he mentioned that the civil contractor is working on minor defect for council on the subdivision at the moment. My interaction was because the site was still fenced and locked up. My prospective builder (FS) was not able to access the site. Re: Anyone else building at Piccadilly Estate, Riverstone? 491Feb 23, 2017 5:53 pm WarpSpeed79 Hi all, Has anyone gone for finance yet - how will the land be able to get valued? This is the first time I have applied for a mortgage, so I am unsure how banks go about valuing property (particularly something that's off the plan). Cheers I went with ANZ and the valuation came exactly with whats on the contract. nothing more or nothing less. HTH Re: Anyone else building at Piccadilly Estate, Riverstone? 492Feb 23, 2017 6:09 pm Titania_64 WarpSpeed79 Hi all, Has anyone gone for finance yet - how will the land be able to get valued? This is the first time I have applied for a mortgage, so I am unsure how banks go about valuing property (particularly something that's off the plan). Cheers I went with ANZ and the valuation came exactly with whats on the contract. nothing more or nothing less. HTH That helps with confidence for me with ANZ too! NC Building: Custom Home Re: Anyone else building at Piccadilly Estate, Riverstone? 494Feb 23, 2017 6:34 pm Titania_64 WarpSpeed79 Hi all, Has anyone gone for finance yet - how will the land be able to get valued? This is the first time I have applied for a mortgage, so I am unsure how banks go about valuing property (particularly something that's off the plan). Cheers I went with ANZ and the valuation came exactly with whats on the contract. nothing more or nothing less. HTH Same for us as well with ANZ. Re: Anyone else building at Piccadilly Estate, Riverstone? 495Feb 23, 2017 7:55 pm Hi we purchased lot 85 and got the valuation done by CBA and the valuation came 12500 higher than the contract price. We purchased almost 6 months back. Re: Anyone else building at Piccadilly Estate, Riverstone? 496Feb 23, 2017 9:38 pm Oh just re-read this. Yeah unregistered land will generally get valued at exactly the contract price. Haven't heard many/if any cases of higher valuations unless — except when there is a long time between deposit and settlement. I was thinking the comment was regarding the house. Always a slight concern the bank comes back lower than the fixed price tender value. NC Building: Custom Home Re: Anyone else building at Piccadilly Estate, Riverstone? 498Feb 23, 2017 9:58 pm Thanks all! This puts my mind at ease a little. First Home Buyer | Livingstone 22 Tender accepted 9/10/15 | Contract signed 30/10/15 | Colours selected 29/03/16 A survey must’ve completed by a certified surveyor. This form part of every DA requirement 3 226482 A lot of those Covenants are put in place at the time the Developers are still involved and marketing a certain look and they get ignored or expire after a time. If the… 1 3332 Wish you all the best. Once you signed the contract, they will find millions excuses to charge you. And have seen their sites unfinished for a long time. 4 26120 |