Afternoon all.
I've tried to find info on this forum relating to the following but with no success.
In the future I want to put a factory built home(I'm in Qld) on my block. After initial enquiries I've run into this problem.
The bank won't hand over money until house is on block and connected to all services. The factory builder wants to be paid before the building is connected to services.
I don't have equity in existing properties to cover the shortfall.
Has anyone got around this problem or do you know someone who has and how was it achieved.
Thanks.
Ptony
I've tried to find info on this forum relating to the following but with no success.
In the future I want to put a factory built home(I'm in Qld) on my block. After initial enquiries I've run into this problem.
The bank won't hand over money until house is on block and connected to all services. The factory builder wants to be paid before the building is connected to services.
I don't have equity in existing properties to cover the shortfall.
Has anyone got around this problem or do you know someone who has and how was it achieved.
Thanks.
Ptony