Browse Forums Home Finance Re: First progress payment question 3Oct 06, 2009 7:50 pm Caz & Co ALL MOVED IN!! Now comes all the hard work-decorating.... [b]Blog: http://cazoraz.blogspot.com/ Settling in Thread: viewtopic.php?f=31&t=36993 Re: First progress payment question 7Oct 20, 2009 11:15 am Building Thread viewtopic.php?f=31&t=13002 Site start: 8th July 2009 Handover: 11/12/2009! 5 months total build time. 40 sqs of luxuary...Bliss! Re: First progress payment question 8Oct 20, 2009 11:38 am We also had to put in our own funds before the bank chipped in. Blog: http://bluemistkids.blogspot.com "Never be afraid to try something new. Remember, amateurs built the ark, and professionals built the Titanic." Re: First progress payment question 9Oct 20, 2009 12:11 pm Yeah there are a number of construction loans out there that have various requirements. kind regards, Jason Re: First progress payment question 10Oct 29, 2009 8:28 pm My bank has asked for a building permit before they will release any funds. Means I had to pay the contract deposit 5% myself. They say I can claim it back once the building permit is issued. I wouldn't be surprised if I never see that money again. And all this is after I put up 22K for the land. Banks are pretty tight these days. Gravity. Its the law. At lock-up stage(lock-up stage) https://forum.homeone.com.au/viewtopic.php?f=31&t=25438 regardless, your contract stipulates a payments schedule and SOPA doesn't give provision to that scenario. Your contractual terms appear to stand. Hence get a lawyer, it… 4 11880 There is no reason why building contract reconciliation cannot be done prior to handover, if the builder won't do it get someone to do it for you. Why would you pay for… 3 6690 1) I had requested R6 ceiling insualtion batts, however I noticed that on some areas there are huge gaps which will allow hot air to sweep in, and also noticed black/grey… 0 3604 |