Land has titled!

Hi All,

Finally! Some great news and another milestone achieved for our build.

We have been informed that our block of land has titled. Settlement is expected to be on the 23/12/2014 which will be a great Christmas present for us.

Even though we have been delayed by 2 months due to waiting on titles we are very excited to progress our build.

Some other news...

• Our house design has been approved by the Design Review Committee (DRC) 
• We have a new Build Co-ordinator. Email responses are now always with 24hrs even after hours! She has been so helpful and has given us more information in 2 weeks about our build then we had received since we first paid the deposit.

Thank you for reading. 

Bank valuation woes

Seems like I was right to be nervous. The bank valuation has come in MUCH lower than our contract price. This is really disappointing since it was the only major hurdle left to ensure we can go ahead with the build.

The bank will contact me tomorrow to discuss figures but I'm fairly sure I know the exact amount we need to make up the difference. Hopefully we have other options other than having to pay LMI.