Did not modify my construction loan to perm. Builder not paid all his money, as well.
Optained construction Loan with bank. Bank never modified loan to perm!
Left my family out in the cold. Builder never got paid (end loan), therefore my punch list (over 60 items: including gutters, etc.) are left to me to pay. At this time, I have not obtained a mortgage on the property, and there are many things that have not been finalized as of yet!
Looking to hopefully file a suit against the bank, and move on with my life.
This situation is horrible, as I will never build again. The time effort and money that I put out has been wasted.
Monetary Loss: $100.