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Chiao
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Chiao

Joined 7 November 2011
Junior Member
12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Happy for you tintin! take a picture in front of your house and show us? :D
I am back to the drawing board looking…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Actually, the fair trading web site shows everything is fine. ASIC, if you search for the company name/ACN they provided, it is also fine. It just happened when I googled…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

I just find out the builder I am about to sign contract on Monday actually gone into liquidation few weeks ago. I can't believe this, I really can't. Is there…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Thanks Dunx. In your contract to the new builder, did you reference back to Cosmo's contract/specs etc? Our builder only want to refer to things they inspected and refused to…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi Dunx, was that 3 weeks to get money in the bank once you mail off the acceptance form? At least you got the money now to move forward, good…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

I finally got the settlement letter after chasing QBE, if you are in the near completion group and have not got anything, I suggest calling QBE. Also spoken to HWIS,…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Still waiting for my letter... Dunx are you in the Cosmo near completion group? If HWI can offer 40%, can they give me the higher quote so I can have…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

yeah, now I remembered our frame was exposed to weather like 4 mths and there were all sort of excuses, but we didn't know the real problem was money!
You are…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi tintin/springtime or anyone in the near completion group have received a settlement letter from QBE? I was expecting a letter early Feb and still see no sight of it...
Also,…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

BTW, anyone seen the new changes to HWIS on fair trading? This means I will now get only two yrs for defect instead of previous 7 yrs for the new…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi SubcutaneousQLD, did you loose the 5% deposit? Sorry to hear that, that is a lot of money! I thought it is a "legal" requirement to issue HWIS before taking…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi casa2, I guess depending on the situation, if the settlement is less than the quotes you obtained, say both builders are over quote beyond HWIF's consultant valuation, then you…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi Casa2, yeah criminals : P They represent the liquidator...
I was informed to expect a settlement offer letter from QBE around end of last week, umm, still waiting, hopefully soon...

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Anyone got letter from debt collector saying no payment within 10 days they will commence legal action?? We sent off the letter drafted by govt solicitor that we need to…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

I know this is stupid of me but I just realized we are actually paying interest for the loan amount drawn. I always thought it will start charging at completion…

12 years12 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

nope, tintin, nothing...

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

This is for Westministor:
Tenders have been received from majority of the builders allocated to tender on Westminster projects,
Builders have experienced delays due to the complexity of the tenders and the…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Tenders are expected to return to QBE by mid February 2012
Is that for everyone outside Pemulwuy? Mid Feb... What happen to the fast track for the near completion homes?
With the…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Mark is tremendously kind and helpful on this matter. He has spoken to the collector and informed them the incomplete work and defects cost far more than the progress payment…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

I just received letter from debt collector too and told by QBE need to seek legal advise and insuance won't cover this legal cost. Worrel probably send this to everyone.…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

If they have not issued you an invoice before that means the house is not completed. How can they demand money now?! I was worried this could happen.
QBE's letter just…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

hi tintin, did Cosmo actually issue you the invoice before going into liquidation??

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi springtime, similar to us, 6 mths to get paper work to council, 1 yr to get DA and now this.
Wondering what's the hold up with insurance? You have submited…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi tintin, this is what we get from PCA and I find some of the certificates in the CD from QBE. I guess tell them what work are left to…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Does anyone know Westminster customers have their claims settled by now (for imcomplete work, not deposit)?
On a separate matter, does anyone actually get HW insurance for landscape job? My one…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Just read QBE's letter, it seems even we get our own quotes; they will still get their pool of builders to quote. This will definitely delay things even further. Did…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

So sorry to hear more people are affected in QLD :( I guess it's good in a way that you can now move on…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi tintin, we first approached my neighbors builders, they are either not interested in picking up someone else’s mess or want us to be home owner builder so they can…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

I guess if insurance money is enough to cover the remaining work, you don't need to worry too much about paying the liquidator. If not, you might want to build…

13 years13 yearsChiaoChiao posted:
Cosmopolitan Homes - Liquidator appointed

Hi arg77, actually I did ask that question. I am going thru a broker, he assured me they have put thru stringent assessment before selecting a builder into the group.…

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