Biggest hold-up: our lender, Homeside. Two days before D-Day they turn around and tell us that the builder's (Metricon) contract (standard and HIA-approved) does not meet industry standards when it comes to maximum number of construction days. Metricon state 'up to 411 days' and all their customers sign to that and, arguably, finish well within that timeframe. But Homeside think otherwise and we are to-ing and fro-ing.
What makes no sense whatsoever is:
- Hasn't Homeside dealt with Metricon before? One would like to think 'yes'.
- Homeside had already approved an initial amount; we had to reapply for an extra $20K (yes, 20 - Not 200) to cover our cooling extra.
The next 24 hours will determine whether we will be taking our business elsewhere.