Browse Forums Building A New House Re: Land extensions - did you need one?? 6Jun 15, 2009 8:59 am 'A bottle of wine contains more philosophy than all the books in the world.' Louis Pasteur Vegie garden: viewtopic.php?f=19&t=27637&start=0 My Backyard Adventure Re: Land extensions - did you need one?? 9Jun 15, 2009 9:58 am gurlistar That must have been so stressful - 8 weeks is such a long time to be kept waiting I was just checking out your blog, it looks like things are well underway now which is a good sign Do you mind if I ask how much they were charging you in penalties?? It was very stressful as I couldn't do anything about it! But yes, it's all moving along now YaY! I'm not sure what the % rate was, but it was about $550 for 6 or 7 working days 'A bottle of wine contains more philosophy than all the books in the world.' Louis Pasteur Vegie garden: viewtopic.php?f=19&t=27637&start=0 My Backyard Adventure Re: Land extensions - did you need one?? 10Jun 15, 2009 11:16 am Hi, we needed an extension for the exchange of contracts (2 weeks extra) to get finance unconditionally approved. No probs there. Then also needed extension on the settlement (ended up being 9 days) because we needed our building contract to be signed before we could use our FHOG as part of our land settlement. Land was settled on June 11th. It was stressful trying to coordinate the builders, finance and developers to get it all together in such a short time frame. I was really worried about asking for extra time, but our soliciter said it's not really a big deal and quite common. We did have to pay interest of approx $40 a day for the settlement extension. Should be somewhere in your land contract what you may have to pay if you settle late. Hang in there, hopefully it will be worked out soon.... your developer contact sounds like he has a carrot up his.... If your finance people have everything they need now, you may still make it. Ours only took a week from us delivering our building contracts (to R@ms) to our settlement date. Good luck! Re: Land extensions - did you need one?? 11Jun 15, 2009 6:49 pm yeah our thoughts were along the same lines! everyone we've spoken to thinks the developer is just using scare tactics and trying to pressure us to settle to achieve sales targets or something similar such a scary thought when you have planned your entire lives around a piece of land and put months of work into it for them to try and take it away from under you!! I just can't wait until we're actually building - as soon as something is on the ground that will be when I calm down I think, I just need to make it happen first Re: Land extensions - did you need one?? 12Jun 15, 2009 6:55 pm gurlistar I just can't wait until we're actually building - as soon as something is on the ground that will be when I calm down I think, I just need to make it happen first That's exactly how I feel! So impatient for the builder to get back to us with the plans and documents so we can get our finance sorted out and settle on the land. I hate sitting around waiting and not being able to see anything happen, it will be so exciting once our slab goes down. New beginnings. Re: Land extensions - did you need one?? 15Jun 16, 2009 6:29 pm Found out today our plans and contract won't be ready until the 24th, so we've been granted an extension on our land settlement until 20/07/09 so we can sort out our finance once the contract is signed (and avoid paying stamp duty - yay). New beginnings. Looking to start the journey of becoming an owner builder in SA. Feeling pretty (overly) confident on the building and construction details, but really struggling to find… 0 8503 No the fireplace doesn’t work. It’s been enclosed. I’m not sure what was removed, as it was done quite some time ago - well before what I can see with photos online… 2 11647 Very common on rendered homes Smaller suppliers get the lower quality raw materials 6 11889 |