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    valuations on owner builder homes

    You can't sell an OB home within 3 years of construction without approval from some minister... just the rules. and if they agree to let you do it you need to provide a warranty on it for 7 years I am saying build it with all the right approvals etc in place, but then even with all the...
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    valuations on owner builder homes

    yes but does the fact that it is OB and therefore unsellable for 3 years lower the valuation? how does a bank liquidate an OB house anyway?
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    valuations on owner builder homes

    ok what I was getting at - block of land with a debt on it. market dropped so sitting at 100% LVR. use cash to build a house OB. so now there is a beautiful home on a block - there should be good equity. HOWEVER... I cant sell the house on the open market as I would need to seek approval from...
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    valuations on owner builder homes

    if you build an owner builder home, when you are finished does the bank differentiate it because you are unable to sell it? Do valuers even check building licences when valuing up a property?
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