All posts by Obu Ramaraj

About Obu Ramaraj

Obu Ramaraj has been a mortgage broker since 2009. She has written over $80 million dollars of loans and still maintains a personal touch to all her clients, no matter how small or big your deal is because she enjoys helping people achieve their dream of buying their own property. By sharing her knowledge and experience she hopes to instil confidence in anyone looking for a home loan. Her attention to detail and drive to achieve the best result for each and every client are enviable assets in the home loan industry. Obu is passionate about helping all home buyers feel comfortable with the property buying process; however her strongest passion is to help more people become self-assured property buyers. Her goal is to increase their financial awareness and have more people buying houses from a very early age, comfortable in the knowledge that they have made the right choice for their circumstances.

Dangers of using small builders


Bad builders

I was just talking to someone today and it was about how sometimes you get pushed into doing things that you don’t want to do. Somehow the topic went on to off-the-plan purchases and then this person was telling me a story about her very first purchase some 6 years ago.

She had signed up to purchase an off-the-plan purchase apartment – one among the five built. Apparently, the builder used her loan to complete the rest of the four! She didn’t know about it then.

When she moved into her (imagine how exciting moving into a first property you’ve purchased), the nightmare started. She moved in and the electricity was not working – so didn’t the gas. The knobs were all there – but when she turned them on – nothing happened!

Two days later, her friends and she realised something – the toilets and sinks were not sealed. When she called the builder to ask about it, the answer she got was that she had not requested them to seal it all! This after the builder had got an occupancy permit!

After three months of arguing, she was over it. Being single, her father then had to intervene and take the matter to VCAT to get it all fixed. To cut a long story short, the attitude of the builder towards her was simply not acceptable.

This has put her off against buying any more properties at all.

Do you have a similar nightmare story to share having used a small builder?