Browse Forums General Discussion Re: Pulling out of HIA 4Sep 20, 2019 8:53 am jbc According to our HIA contract, we were able to terminate our contract but will lost money’s spent to day + 20% margin. So far we had done the following: - Paid 5% deposit ($18,989) - Had draft drawings done with minor changes - Had colour selection appt (2 hours) - Drafts were then sent to developer - Variations sent to us to sign (based on council wanting letterbox on plans etc. - no fault of ours). Upon requesting to terminate, the builder sent us the following cost schedule: Contract: Drafting: $2,750 Estimating: $1,150 Administration(Building Co-ordinator): $1,050 Colour Selection Appointment/Documentation $1,250 Sales/Colour Commission: $3,022.19 6 Star energy: $330 HIA Building Contract: $19 Total cost to date including Builders margin @ 20% as per schedule 1, item 6 (refer 19.4) TOTAL: 11,963.988 Is this unreasonable for what we had actually done with them? I’m not sure about the commission... also $1,250 for a colour appt? We were there for 2 hours and the paperwork was sent to us that day! Nice pay for a few hours work. Our mortgage broker suggests we are being ripped off and to go to VCAT.. our conveyancer says it’s about 3% of building cost and is kind of fair enough.. I’m not sure about the commission... LOL. The Kelly gang lives, Why should you have to pay the sales commission ( a bit too Rich)... what sale? That is one for the ACCC Australian Competition and consumer Commission Complaints jbc I am thinking maybe we shouldn’t poke the bear and be happy with our +$6k refund.. or should we go and ask some questions? (Please note we are first home buyers and were mislead with our land, we were able to get out of our land contract and lost $1,500 to the land.. and the builder has been understanding and not argued with us at all, just sent us the cost schedule and said we could have a cheque for refund in 2 weeks). Seriously I can't see how it's your fault and why you are penalised If the Government can't protect innocent First Home Buyers Then this matter needs to go much higher. BTW there would be tens of thousands of FHB affected in a similar way Absolute outrage! Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Pulling out of HIA 5Sep 20, 2019 3:50 pm since you say it only adds up to around 3% of build cost I'd say it's fair enough. You might be able to push that lower, might. But if you do that you basically destroy the relationship with that builder and realistically when you consider the amount of time you will spend thinking and doing things to get more money back it's probably not going to be worth it overall. Unless there is something in special conditions the builder does not have to give you timeline. If your demolition contractor has not removed Asbestos and it was found… 12 29436 You talk about deletions, are they variations or PS and PC adjustments? pleas list them 1 17218 Sorry but you have a crap builder. Probably too late now. For our last build I only spoke to builders who would allow me easy access (at no cost). I used my own sparky… 10 10486 |