As of this afternoon, the 'case of the missing slab money' has gone back to the credit area of CBA for reassessment due to the contract value decreasing by $12K. It has been escalated to the Management of the department and the State Manager of Mortgage Choice is now involved. No-one can tell me how long it needs to sit in Credit for before the file makes it way back to the Progress Claims area.
As the framework is finished, we now owe Eden Brae over $200K. At this stage, the only one from Eden Brae aware of the shortfall is the Accounts Manager who indicated it is her little secret at the moment, unless of course, someone from EBH is reading this public blog!
About Me
- Kerith
- EDIT - Now a 'work at the local school' mum a few days a week while juggling the job of parenting 3 teenagers! I am a SAHM who does work from home occasionally, dedicated to raising 3 Godly, independent, healthy children. Loving the home building process though it is not without challenges. I have fairly free reign over the creative aspect of the project...just not the financial side!
Wednesday, April 10, 2013
Brick delivery
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| Some of the bricks have arrived - loving the colour |
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| Bricks for the rendering I assume |
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| The streetscape as I drove along - 6 vehicles for our build |
Tuesday, April 9, 2013
Framework completed (I think)
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| View from the rear side (looking at alfresco roofline) |
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| Front view |
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| Side of house |
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| Windows added |
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| Upper windows |
The saga continues!
Oh my! I think our days of using our broker are nearly over. More hassle than they are worth. I received a call last night from the 'angel' informing me of the most current issue ie. because our new contract value with EBH is less than the original contract, there are ramifications for the valuation of the house which impacts of the loan. Our case now needs to go to the certification team and the valuer for re-assessment. I was promised that others would deal with it within the 'angel' office before our angel returned to work today at 2pm.
I left a message for our broker this morning asking for a return call with an update. Nothing! In the meantime, I rang the accounts manager at EBH to update & to have a cry on her shoulder ;-) Shirley gave me more information than Mortgage Choice have. She told me that I would need to submit the final variations list plus amount to CBA and/or they would need to draw up a new contract altogether. Obviously, this payment isn't forthcoming to EBH any time soon.
I scanned all the documents in waiting to 'hit the button' when requested. I, of course did not hear from Mortgage Choice until I called the 'angel' at 2:15pm. The information was sent (could have been sent 4 hours earlier if I had been contacted as promised) and I received this email back later this afternoon
"All the documentation that we sent to CBA is due to be looked at tomorrow, I have escalated this matter again for you. Julie from our office is going to touch base with CBA tomorrow morning and she will update you."
Now that was the promise I had yesterday with no follow through. We have let the broker know how we are feeling about the situation. Let's see if we get any serious action from them. This is unprofessional to say the least.
I left a message for our broker this morning asking for a return call with an update. Nothing! In the meantime, I rang the accounts manager at EBH to update & to have a cry on her shoulder ;-) Shirley gave me more information than Mortgage Choice have. She told me that I would need to submit the final variations list plus amount to CBA and/or they would need to draw up a new contract altogether. Obviously, this payment isn't forthcoming to EBH any time soon.
I scanned all the documents in waiting to 'hit the button' when requested. I, of course did not hear from Mortgage Choice until I called the 'angel' at 2:15pm. The information was sent (could have been sent 4 hours earlier if I had been contacted as promised) and I received this email back later this afternoon
"All the documentation that we sent to CBA is due to be looked at tomorrow, I have escalated this matter again for you. Julie from our office is going to touch base with CBA tomorrow morning and she will update you."
Now that was the promise I had yesterday with no follow through. We have let the broker know how we are feeling about the situation. Let's see if we get any serious action from them. This is unprofessional to say the least.
Monday, April 8, 2013
And a quick update on bank payment
Not yet finalized though there are promises of this afternoon being bandied around! Grrr...
Fortunately Eden Brae are being very understanding from my communications with them and aren't about to put tools down just yet ;-)
Fortunately Eden Brae are being very understanding from my communications with them and aren't about to put tools down just yet ;-)
Top storey on
Can just see the alfresco roof peaking out the back
Stacker doors for around the alfresco
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| Window delivery |
Awful amount of rubbish on site :-(
Friday, April 5, 2013
Progress on the build & with the bank
I received an email from my Mortgage angel
"This afternoon CBA has confirmed receiving all the information that I sent yesterday, it is going to get actioned on Monday so i will check again and will update you."
I very politely thanked her instead of ranting & raving about not sending it earlier, saving us all a big headache. Stayed tuned to see if Eden Brae get paid for the work they finished a few weeks ago!
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