Browse Forums Home Finance 1 Dec 06, 2023 8:54 am Hi There, We have signed land and home loan and settlement is due very soon. But later we found that our buyer's agent did very higher markup for building and its around 50k. And also because building price is very higher our loan interest also very higher. Can anyone let us know whether can we change the builder now? if so what are the possible costs for us. If builder can not be changed can we cancel all deals and what will be the possible cost for us? thanks Re: Home finance 2Dec 06, 2023 8:58 am That really depends on the land contract, I would speak with your solicitor for the purchase - and also review the build contract. You might find you lose some deposit but the answer is in those legal agreements. I am sorry to hear this happened. Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building We already paid for somfy motors for the blinds. The quote above was purely for “pre-wiring” so the blinds company can install the motors and blinds. That’s why we… 5 17475 10 12675 Hi, you've probably already resolved this, however, Commbank will probably pay the funds to you after you send evidence the work is done regardless the change in the quotes. 1 35968 |