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alissa
10 Posts
alissa
10 Posts
Junior Member

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alissa

Joined 18 October 2018
Junior Member
1 month1 monthalissaalissa posted:
Valuation shortfall Construction Loan

$70 and $80k higher!

1 month1 monthalissaalissa posted:
Valuation shortfall Construction Loan

You may try to challenge but very unlikely to change. We went to 2 other lenders and they both got much higher valuation. Make sure you submit all docs, variations,…

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2 months2 monthsalissaalissa posted:
Valuation shortfall Construction Loan

Thanks @becjarettdalton i need all this kind of relief at the moment

  ⋅  1
2 months2 monthsalissaalissa posted:
Valuation shortfall Construction Loan

Thanks @becjarettdalton i think theyre just doing valuations and not lodging applications so it shouldnt hurt our credit file?

2 months2 monthsalissaalissa posted:
Valuation shortfall Construction Loan

So we got the valuation report. Looks like they compared our 2 storey house to 5-6yrs old single storey houses. There is not much comparable house to us that was…

2 months2 monthsalissaalissa posted:
Valuation shortfall Construction Loan

Thanks for that! Sigh, worst case we have to revisit the upgrades and remove some of them. Have to pay admin fee to change them but we really cant afford…

2 months2 monthsalissaalissa posted:
Valuation shortfall Construction Loan

Hi there. Thanks for your response. I’ve asked my broker if we can grab a copy of the report but he said he had already challenged the valuation but ANZ…

2 months2 monthsalissaalissa posted:
Anyone building at Caddens Hill??

Also building with Caddens 🙋🏻‍♀️
Stage 5. Eden Brae. Just got DA check and now waiting for construction plans and construction loan stuff.

2 months2 monthsalissaalissa posted:
Valuation shortfall Construction Loan

My broker ordered valuation for my construction of house in Caddens with EBH and valuation came back $120k short! A bit upsetting for us as we cannot cover the difference.…

7 months7 monthsalissaalissa posted:
Eden brae home options gallery

How is your laminex cupboards going? Just been to our 1st appointment and I am stuck in whether to go poly or laminate...

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