Thursday, February 11, 2010
I will be posting more recent pictures of the house shortly. This is a picture of our front door. Nice huh? SunTrust gave the builder 28k for the exterior doors, do you think the inspector missed something?
Notice the stately walkway up to the front door. Uh-oh, there is no walkway up to the door! In fact, there are no walk ways and the driveway is still incomplete. SunTrust paid for a 90% completion level. THEY GAVE OUR BUILDER $18,240 BACK IN 2006 FOR THE DRIVE AND WALKWAYS. The funny thing is that the house was only in the foundation stage at that time and there were ZERO walks and driveways! Our loan administrator originally gave an allowance of 2% for this line item and funded 1.14% back in April of 2006. After paying the builder over 18k, she then later changed the allowance to 1% and showed it to be 90% complete. 90% completion of 1% of the loan comes out to $14,400. Where did the money go?