Building a house without equity or how does one proceed?

  • Erstellt am 2015-06-11 02:08:25

Voki1

2015-06-11 11:15:44
  • #1
The main risk is that you take on too much and cannot cover the necessary costs. This becomes more likely the less you are able to save from your income. This, in turn, depends on the amount of income and the personal task situation. If you have a good income and can restrict yourself, then it can work out. The latter is more difficult than one might think and should be "practiced" over a medium period.
 

Voki1

2015-06-11 11:16:45
  • #2


"take it easier"
"Write when your fingers itch"
 

xycrazy

2015-06-11 13:06:46
  • #3
Buying / building without equity only makes sense with high salaries. In all other cases, you will probably sooner or later become acquainted with the bailiff...
 

Frank78

2015-06-11 16:28:14
  • #4
If you have always spent your entire income so far, building a house means a significant change in lifestyle and standard of living, as the saved rent alone is never enough for the house payment – not to mention the significantly higher additional costs. How likely do you think it is that you will become frugal overnight? I would first practice the more austere life risk-free during a longer saving phase...
 

Bieber0815

2015-06-11 19:08:04
  • #5
It should also be noted that even with a 100% financing, an additional five-figure amount must be paid upfront ([Grunderwerbsteuer, Notar- und sonstige Gebühren, Umzug, Möbel, Spesen, ...]). The amount naturally depends on the individual case but is always significantly greater than zero.
 

Goldi09111

2015-06-14 23:18:43
  • #6
Can't these additional costs also be financed?
 

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