Browse Forums Building A New House Re: Custom Builder Risk Mitigation 2May 10, 2021 10:07 am Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Custom Builder Risk Mitigation 3May 10, 2021 9:59 pm Thanks Mate, so at the end of the day I just have to take the risk and hope that I will get to the other end of the tunnel! Are there obvious things that I should be looking for when I am going through custom builders? I have already been through 5 custom builders and have seen their work, not on display homes but their almost finished builds and some at the framing stage. there are some builder's whoes quality stands out considerably compare to others, then again, I am not a qualified inspector, so I wouldn't be sure. thanks, Mixter. Re: Custom Builder Risk Mitigation 4May 11, 2021 9:53 am Definitely, visits current job under construction talk to trades, check how long it's taking, ask for completed job lists over 2 years and talk to home owners privately. Material Suppliers will also tell you who are on the pay up front list...no credit Past display homes owners are also keen to give you the heads up...lets face it if the past display (showhome) is falling apart then that's an indictment against structural justice (humour) Steer clear of fake social media posts where the builder controls the posts..you aren't buying a toaster that you can return Have all the data and quantities, quiz the salesman earlier on in the process about changes and costs, their BullsH!t can easily be crosschecked. At the first sign of doubt, head for the door, as you are in charge of the process up until you pay the deposit and signup LOL the builder shows you a dozen realistic model facades that have never been built, Sicilian provincial, Tuscan provincial, French provincial, Modern provincial etc,etc avoid becoming the butt of all jokes in the street. Especially when the house starts falling apart In a nut shell, try minimising your risk Cheer Chris Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Custom Builder Risk Mitigation 5May 17, 2021 10:21 pm StructuralBIMGuy Definitely, visits current job under construction talk to trades, check how long it's taking, ask for completed job lists over 2 years and talk to home owners privately. Material Suppliers will also tell you who are on the pay up front list...no credit Past display homes owners are also keen to give you the heads up...lets face it if the past display (showhome) is falling apart then that's an indictment against structural justice (humour) Steer clear of fake social media posts where the builder controls the posts..you aren't buying a toaster that you can return Have all the data and quantities, quiz the salesman earlier on in the process about changes and costs, their BullsH!t can easily be crosschecked. At the first sign of doubt, head for the door, as you are in charge of the process up until you pay the deposit and signup LOL the builder shows you a dozen realistic model facades that have never been built, Sicilian provincial, Tuscan provincial, French provincial, Modern provincial etc,etc avoid becoming the butt of all jokes in the street. Especially when the house starts falling apart In a nut shell, try minimising your risk Cheer Chris Thanks StructuralBIMguy! We're building single story with Dulger Homes in Melbourne's West. so far, visited 4 of their builds in different stages and seems really solid builds. We have also spoken to the tiler and window supplier about the builder's account and both have provided a really good feedback and told us that they had been working with the builder for a very long time and always have their account settled. In terms of facades, we're sticking to basics and making sure we nail our color selection to give the simplicity to lift the face off the house! Re: Custom Builder Risk Mitigation 6May 28, 2021 9:17 pm Hi mixter, Try the VMIA website. It says a trigger event for the domestic insurance policy is the Builder becoming insolvent. Here is a link to the VMIA site that discusses this: https://www.vmia.vic.gov.au/ Also, you can absolutely opt for a custom build with any builder of your choice. Now, to make sure that you're protected from potential insolvency, it might be a good idea to engage a Specialist Construction Lawyer in Melbourne to do a thorough Contract Review of your building contract - whether your contract is standard form or drawn up from scratch. A contract review would ensure that your building contract has safeguards in place, in the event that your builder becomes insolvent. More info here: Construction Contract Review Another option, albeit less common, would be to draft your own building contract, with the help of a Specialist Construction Lawyer. That way, you can include all the provisions you need to manage the risks involved in building projects. Contract drafting is offered by specialist construction lawyers as a matter of course - but they're usually for builders. Contract review may still be the more viable option for you. Hope this helps. Get sound legal advice. We manage Building Disputes, Construction Contracts, Security of Payment. PM for queries. https://www.contractsspecialist.com.au/articles/ Its never a good idea to sign a building contract without making sure everything is selected, soil test is done Is are dotted and Ts are crossed and without independent… 4 3217 Hi Mofflepop, I would recommend finding a building designer to prepare plans, they should design to your specified budget. The benefit is you can tender the project out… 9 22088 Hello, we can help you please get in contact 0421019219 thank you 3 32665 |