Buy/build a house with little equity. Open claims

It's not about having €10K or not having it, but whether you can use it for the percentage loan-to-value calculation. If you build for €500K, after purchase incidental costs (I assume you aren't buying everything from the developer), there remain ~€20K or maybe €30K... which correspond to 94% or 96%.

It's not about having €10K or not, but about whether you can use it for the percentage loan valuation. If you're building for €500K, after purchase incidental costs (assuming you don't buy everything from the developer) there remain ~ €20K or maybe €30K... which then correspond to 94% or 96%.

Of course, you are right about that. We are still in the saving phase because we are still hesitant to build with the low equity ratio.

Hello Tim,
I am not a professional, but I work closely with employees of a department of a bank that deals with the collection of outstanding claims.

There are only two types of people:
1) those who care (and then you wouldn’t have to write it like this) and
2) those who don’t care and time is money.

Even if it were the case that a new title is required (even with a name change the person remains the same). However, I am not a lawyer and cannot offer you any advice, but this situation stinks to high heaven!

The thing with factoring is, even though I brought it up myself, of course nonsense. I thought you had understood that.

I really don’t understand. All alarm bells should be ringing for you. Don’t wait a minute. You don’t play with money.
Google "court bailiff should seize in the state chancellery" and read the article from Westfalenblatt. So either he pays voluntarily, or not at all voluntarily. So get moving! He will laugh at you if he reads this here.

PS: Such a title costs about 150 euros and 2 hours if you do it yourself. If a lawyer does it, it would probably cost about 1,000 euros, which then stick to you if the other party does not pay.

correspond to 94% or 96%.

And exactly there lies the first important threshold (95% loan-to-value)!! That amounts to thousands of euros over the term ...

Are banks really that digital? I can hardly imagine...

There may be banks that have a condition threshold there, but I would not consider this important. The most important thresholds are 60% and 80% (and for me, 100%).