We got a call from bank manager #6, apparently our entire loan has been done wrong and they need to start the whole process again because they cannot make anymore payments to the builder with wrong paperwork.
They are now getting a re-evaluation done of the land and starting again. Are they nuts?
They called the builder and told him there would be no more payments until it was sorted. He then called us and said he was going to down tools and go to another job and I cannot blame him on that one.
Then they held out $247K, yep, that is correct, deposit in a fixed term deposit without our consent so we cannot even pay the builder to keep going. This money was supposed to pay for the house, now we cannot as they have held everything. Oh yes I hear you say "they cannot do that" but they have.
Today I call our solicitor and the ombudsman. Please watch the news tonight, if there is a crazy lady being lead away with a towel over her head accused of shooting up an entire NAB bank can someone come and bail me out?
I'll send you a cupcake. With a file in it.
ReplyDeleteA BIG cupcake.
: )
Oh my goodness. I wont tell anyone it was you!! x
ReplyDeleteAre you friggin' serious?!!! Bloody NAB. I have every account with them, banked with them for 25 years, only needed a small loan for my house (low LVR request) but because hubby and I are not PAYG and they could not tick the boxes on their forms... we didn't get it... total morons. Your situation now confirms it... oh how I feel for you. Chin up. My new motto, after this whole building process, "nothing is ever as bad as it seems".... hold on to that mantra and chant it! A-M xx
ReplyDeleteThat is awful Julie. Really awful. I'm not going to even try to find something positive to say. I have my fingers crossed for you.
ReplyDeleteTell me, tell me... how's it all going? Still with us? Better news? A-M xx
ReplyDeleteForget working with kids and animals. Isn't the new adage never to borrow money or build houses??? Of course, it will al be worth it in the end. x
ReplyDelete