Wednesday 8 October 2014

Valuation & Developer approval request

We received two calls regarding our build today:
  1. Bank =  We were informed that the valuation request has been submitted.
  2. Builder = Sent drawings to developer for design approval.
A little nervous about the valuation as I have heard of many forum member receiving a valuation lower by 10-20%. We currently don't need to worry about LMI but that is if the valuation comes right at the contract price. Fingers crossed...

Our BC requested that we make a landscaping plan as they needed to have it submitted to the developer for approval. Didn't know we needed to do this until now. Looks like that will be tonight's mini project!

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