update on doc signing post

had a call from choice homes loans on friday it was my broker that made the mistake. he sent the wrong interest rate information to westpac consequently westpac prepared homeloan docs for the higher rate. so now the documents have to be redone but there is no worries about getting the cheaper rate. second mistake in their docs ...the docs were prepared as a land and construction loan should have only been a construction loan hence the reason for the $15.000 land transfer stamp duty they were going to slug us. im paying cash for my land at settlement and told them this numerous times. this huge mistake should have been picked up by my broker obviously they wernt double checking.

moving and loan document signing

moving next week to the rental house as existing house settles around that time. good bye old house.. kind of sad):. but thats life .. time to move on. not very happy today went to sign my loan approval documents .the broker has either made a big stuff up or the bank has put us on a different type of loan. not happy jan!!!. yes its pds choice home loans. they gave us a first option home loan rate at 7.49% with westapc. i find out that westpac has drawn up a loan contract for their rocket repay homeloan 7.67% which seems to have all the bells and whistles included but nearly a $400 fee a yr 4 the life of the loan. works out to be a total of $16 grand in fees by the time i pay the loan off. no thankyou... someones got this whole thing wrong i didnt sign the contracts told choice to negoiate the original quoted loan rate with westpac.

pd price rises

went looking at the display home today .pd have a new promotion going and they have lifted the price of their houses. im sooo lucky i i signed my contracts before they lifted their prices. my house has gone up by 6 grand or so. house and land packages you cant find much under 300 grand any more. their promotions i dont think are as good this time around. so ppl will have to find more money. also found pd have altered the design of their heywood range they have put a study on. reducing the size of the master bedroom. the ensuite is at the front of the house in line with the study... weird i reckon .

loan approval

july 18th 2007 got a call from choice home loans today. yippee.. our home loan has been approved.:))theres no stopping it now...

contract signing

had our contract signing with megan from pd .everything went well with a few added extras upgraded mortar, bricks extra phone and tv points power point on kitchen bench plus the extra five star rating costs added an extra 2 grand. the only error was a feature wall colour so everything else seems fine sooo far

the next leg of the building journey

had my 9am appointment with national tiles in port melbourne yesterday to pick my tiles for the bathrooms and laundry. took me 2 hrs to drive... there bad weather and traffic. my sales lady wasnt very happy actually quite snooty but she calmed down pretty quick when we were able to pick everything quickly..then it was back to hopetoun in dandynong to pick the laminates bricks tiles and colours for the house.what a relief thats over. tomorrow friday is contract signing.. now i have a better idea of how much everything will cost .. thats been a major headache because you fear of going over budget and not having money to complete everything. one concern was the addtional costs related to the five star rating. i had visions of this costing thousands because i have the grand alfresco. i sent a email yesterday to my sales consultant at pd requesting the cost. i held my breath ..shut my eyes . i opened the return email $684 phew.

our new home

Hello everyone welcome to our new home blog.we have been following others blogs on here so have decided to make one of our own. So here goes.. After careful deliberation , sleepless nights, questioning wether we are doing the right thing. we put our 14 square shoe box, (house)on the market in March this year sold it phewww..and decided to build again for the second time..we started looking at displays last December and decided on a house and land package with Porter Davis,the poor sales consultants remained calm...between the chopping and changing of land estates and deciding between their Access and Lifestyle range of homes. but i guess they be used to that.
So we have decided to build the Heywood 28 Lifestyle Home in a very nice estate South East of Melbourne, have lived there the past 14 yrs.We have discovered that we need lots of patience because our site start is late Dec2007 possibly Jan 2008. Have done our fixed price tender (flabbergasted at the amount of gst that johnnie howard takes $17.000 just think what you could spend that on.. makes me sooo mad) and going to choose tiles and have an appointment at Hopetoun Interiors next week. then it will be the signing of building contracts.. Waiting on the outcome of the five star rating as they think we will be up for extra cost due to the alfresco, ceiling height ,and the garage access door that we added. any way think thats all at this stage keep you all informed