I haven't seen many builder's "desperate for work" for the last few years. Houses are always cheaper then units and townhouses. I'd go with OC1's price range.
If $950 refers to large project builder's building their own designs, yes. But no way are they going to build development sites...
I would not use the HIV at all. It is not a well written contract and not appropriate if you are going to have an architect administer the build and contract. The Abic contract is specifically written for your situations.
In relation to the liquidated damages, they must be a reasonable...
Stamp duty is levied at the rateable value of the transaction at the time. So if you sell to your wife, before construction then she will be liable for stamp duty just like everyone else.
What I would be more worried about is the Tax requirement that sales to associates will be assumed to...
All walls on the boundary MUST be fire rated. A brick wall has the required rating. Regardless of the council requirements, if the NCC says you need you must have it.
Haas Kaplan
The vendor actually doesn't need your signature / agreement to the release of the deposit. Once a section 27 statement has been served, then unless you have a ground to object after, I think, 28 days, the deposit can be released.
You will build the stormwater under the new dwelling at the back. This is just a general building risk that needs to be taken. No real issue with it, as these pipes will last for over a century.
As the pipes from unit 1 will be going through land on another title, an "as built" easement...
You will not find builders cheaper than the big boys. If Metricon's designs suit you and are workable on your sites go with them or other larger builders.
I know I can't build for anywhere near their prices.
Just be aware they do not do custom design just their plans.
Haas Kaplan
I'd be surprised if you could start and finish the project in 18 months. I'd suggest you assume 30 months. Also contingency of $50k for such a large project is way too little: go with $130k.
Now to be sure drop your sales figures by 5% and if it stacks up good.
Haas Kaplan
MTR if you try to hold the $2000 and the vendors do not accept, they can serve you with a recission notice. This will cost you legal fees and interest, and then it will tie you into a 14 day settlement. If you then do not settle within 14 days, your contract will be at an end, and the vendors...
Concrete doesn't really need to cure for 28 days. At 28 days concrete reaches 98% strength, but in July the Concretors could have added an accelerate into it. It would have sped the curing process. Where time is money, this should have been done.
If it were in summer maybe not...
Thanks. It all comes down to understanding your rights and obligations. I always say don't be afraid to seek, and if need be, pay for good advice.
Huss
Where I live in booroondara, prices did fall about 15%, but have now not only recovered the original loss but exceeded those prices.
At auctions there are several genuine bidders.
Huss
L
Aaron that is the key, we've seen builders come in with low prices but exclude a multitude of items. Other builders will provide more extensive pricing. You need to compare apples with apples.
I think if you are newbie, you should get advice and someone to help you.
We recently...
If the contract is in Victoria the Domestic Building Contracts Act provides that a builder must build in accordance with the plans. Unless he specifically excluded them, and then he needs your signature for this, they must be provided.
Huss.