Thursday 17 April 2014

Contracts Signed!

We have signed the contracts and progressed to the next phase of our Home Build.

My Solicitor had reviewed the contract and came back with alot of Questions, and suggestions for changes on the contract.

The short answer on the changes, none were applied. The presented contract and MJH's stance was to not modify anything.

For a First time home buyer this can feel a little daunting, especially receiving legal advice from people that specialise in these legal matters, and to have them all rejected.

So for the next 2hrs i went through every clause that was questioned, and asked for explanation on why, and what impact this has.

At the end I felt MJH covered off these questions fairly well, however for all those people heading into a contract like this, don't expect any modifications at all, you have to make a gut commercial decision to hope you are making the right choice with the building company.

The legal advise I received helped me get better answers from MJH, making me feel more comfortable with the knowledge and explanation that was needed to be given.

Time to move onto the Land exchange now, and get that front page signed that the bank want's.


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