Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 
tchart
2396 posts

Uber Geek
+1 received by user: 577

ID Verified
Trusted

  #2058893 19-Jul-2018 15:32
Send private message

CJC:

 

Looked into Matrix Homes a while back, but also read about some issues with communication and delays.  Wasn't a surprise to hear they've gone into receivership.

 

 

Yeah was surprised about this. I live in Upper Hutt and they were in the local paper the other day saying everyone needs to get over pre-fab fears (that was the headline, I didnt read it). They seemed to be churning them out as there were a lot of (what looked like) completed modules stored down the road from the factory.




mattwnz
20515 posts

Uber Geek
+1 received by user: 4795


  #2058904 19-Jul-2018 15:53
Send private message

That is really sad news . I thought they were reasonably good looking houses for prefabs.


MikeAqua
8024 posts

Uber Geek
+1 received by user: 3818


  #2058926 19-Jul-2018 16:55
Send private message

Aredwood:

Do you own any other properties apart from that apartment? If you do, then the bank would also have a mortgage over them as well. No need to stump up a cash deposit, as the bank would assess total value of your properties Vs total amount of money you owe on your mortgages.

 

It's complicated ... short answer - two other properties and one other bank involved, but there is no cross-securing.

 

 





Mike


1 | 2 
View this topic in a long page with up to 500 replies per page Create new topic








Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.