Page 2 of 2 FirstFirst 12
Results 11 to 16 of 16

Thread: Plans to Build Not Going Ahead at This Stage

  1. #11
    Join Date
    Oct 2009
    Location
    Devonport, Tasmania
    Posts
    6,675

    Default

    Thanks Grey's. Yes, you know how excited I was and how I worked on these house plans. I must say there's not a lot of land out there husband and I would pick though, which adds to the problem.

    So, we will look at this house for sale tomorrow and see what we think about just buying again.

  2. #12
    Join Date
    Nov 2009
    Location
    Numurkah
    Posts
    681

    Default

    DA you can always sell it down the track & buy a better one and so on. I know you have to keep a house for a certain amount of time to avoid capital games. I consider my-self lucky to own mine, Russell made sure it was paid for and a new car (well 2years old) to make it easier on me for when the inevitable did happen.
    Some of the rental properties even in my little country town are through the roof.

  3. #13
    Join Date
    Oct 2009
    Location
    Devonport, Tasmania
    Posts
    6,675

    Default

    Yes, rental prices have gone crazy. Last time we built we sold our house to mainlanders who weren't arriving yet so we could rent back...I guess only time will tell what happens with this one, Peiluver.

  4. #14

    Default

    Sorry to hear it's not working out yet DA. I sympathise guys, my mortgage is less than I used to pay in rent, and I had the cheapest rental I could find!!

    Is there any other way around it? Like temporary accomodation on your block? Some people do good things with colourbond sheds as temporary houses - and then back into a shed when your home is finished!! Or even a relocatable home that you can sell off again when you're done? Not perfect but maybe a means to an end.

  5. #15
    Join Date
    Mar 2010
    Location
    North Brisbane
    Posts
    218

    Default

    That does suck! You could always live in a caravan... personally I would hate it
    I own a house with a full mortgage as we see renting as a waste of money, unfortunately so is paying a heap of interest. You could always build a shed on a block first for your storage and rent a small cheap place and hope they build your house quickly. At least while you are building it is an interest only loan so you could factor that in to whether it is worth it paying rent?
    How long are they saying it will take to build? Around here (new estate) I think they have 16 week build times once paper work and approvals are finalised.
    Our 2 storey house took about 8 months from signing our contract I think - but we pushed the builders to have it finished before Xmas - I think handover was 18 December, which was their last day of work

  6. #16
    Join Date
    Oct 2009
    Location
    Devonport, Tasmania
    Posts
    6,675

    Default

    Nah, we've looked at it and it goes like this. Once sale occurs, we look at blocks. Even if find one that day, still at least 30 days for settlement of legals for it to be ours. Even with all engineers plans, permits in place the council take blooming forever to approve building permit. because winetr is coming building slows down considerably, so for the whole job we have to equate at least 6 moths, but probably more, due to having to get fencing up etc to secure the block.

    Just doesn't pan out.

    Krystal, we wouldn't even fit in a caravan. Well, son wouldn't anyway. Lol.

    Councils are not allowing ppl to live in sheds on blocks here in certain areas as of 2008. We used to be able to, but not any more.

    Krystal, we aren't into morgages, so won't even consder going down that road I'm afraid.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •