Wednesday, March 21, 2012

Finance taking its time

Still waiting on finance to be finalised on the land.  Mistakes not to make:  Letting the broker put the loan in to a single loan that has 'conditional' on it.
At this point I need to ensure they split the loan in to two, because Metricon haven't even contacted me to arrange color selection etc.  That means there's no we're going to get through the whole pre-build process before the land has to settle.

That means they can have one loan for the land as 'unconditional', and one for the construction as 'conditional' if need be.

No comments:

Post a Comment