Buying a house without equity?

I just have to say that the listing of the costs is not correct as it stands. For a prefab house, for example, you don't need construction water and unfortunately, I can no longer remember if we even had construction electricity.

And a prefab house has a fixed price. We built a prefab house ourselves and they are simply cheaper than solid houses. Our house was up after 2 days, after 5 days we moved in (screed dry). The whole thing cost less than €125,000 for 120m² (OK basement ceiling).

Whenever I read this scaremongering where the "normal" construction problems and costs are also applied to prefab houses, it's not very helpful.

Hello,

For a prefabricated house, for example, you don’t need construction water and unfortunately I can’t remember if we even had construction power.

That’s quite a statement

I am currently preparing an evaluation for a prefabricated house on behalf of a client; both construction water and construction power are required and thus also needed from the provider’s side.

a prefabricated house simply has a fixed price.

Most solid house providers do as well; the market regulates that on its own.

we built a prefabricated house ourselves and they are just cheaper than solid houses.

Apart from the fact that they are currently not cheaper if they are to be built seriously and carefully – so why are you asking for user experiences with a certain solid house provider in another thread? Because ..

Our house was up after 2 days, after 5 days we moved in (screed dry). The whole thing cost less than €125,000 for 120m² (OK cellar ceiling).

… if you were so satisfied, you could just commission the same prefabricated house provider again?

I always read this scaremongering where the "normal" building problems and costs are also applied to prefabricated houses, that’s not very helpful.

For your information: this is not about “scaremongering”, here users share their experiences with other users and we mods support with our experiences as far as it is possible via the internet.

Building problems exist with both solid house and prefabricated house providers; especially and repeatedly in the lower price segment

Kind regards

Hello,
... if you were so satisfied, you could just hire the same prefabricated house provider again?

a) I didn’t say that: The prefabricated house was inexpensive and built quickly. However, the disadvantage is that you have to think carefully about where to hang things like pictures (our interior walls are made of drywall), which is why the next house should be a solid prefabricated house.

b) I have never seen a solid house with a fixed price. Furthermore, there is always the problem that they can simply stop building and hold out their hand for "more money" if they want. That is simply the problem with a longer construction phase. You’d rather pay (if you can) than engage in a years-long lawsuit.

On the topic: Personally, I would only risk 100% financing with prefabricated houses; otherwise, the risk of being abandoned by the developer is just too high. Or later by the craftsmen, or ...

Hello,

a) I did not say that: The prefabricated house was inexpensive and built quickly. However, the disadvantage is that you have to think carefully about where to hang things like pictures (our interior walls are made of drywall), which is why the next house will be a solid prefabricated house.

Well, those are just the small and fine differences

b) I have not yet seen a solid house with a fixed price.

Then read up on this here and you will find plenty of information on the subject.

The problem always arises that they can simply stop building and hold out their hand: "More money," if they want. That is simply the problem with a longer construction phase. You would rather pay (if you can) than engage in a years-long lawsuit.

.... and you complain about "scaremongering." You are cheerfully quoting hearsay here, even though by your own admission you have not yet had a solid house built...

Contract comes from enduring; contracts serve to establish a status for both partners that keeps the balance in equilibrium. If you are currently looking for a solid house in the price range of the prefabricated house you bought at the time, you will — as surely as amen in church — encounter exactly the problem you summarized here in one sentence (… holding out their hand).

On the other hand, if you adhere to the commercial principle that "a deal is only a good deal when both sides benefit," you will be spared most problems. I explicitly say "most problems," because a lot of people are involved in the construction of a single-family house and it is human nature to make mistakes. You can recognize a good and reputable company, for example, by the fact that the seller informs you about this circumstance in advance, that the provider has no problem with involving external expertise, and so on.

Kind regards

a)
Furthermore, the problem always arises that they can simply stop building there.

Can't you do that with a prefabricated house? Or does the prefabricated house come to the property in one complete piece? Only connections to the house utilities and done? I don't know much about prefabricated houses.......

Hello E.Curb,

Can't you do that with a prefabricated house? Or does the prefabricated house come in one complete piece onto the plot? Just connect the utilities and done?

Yes, of course that is possible too. Usually, between 8 and 10% is requested upfront after the building application, then about 55-60% after the house is set up, 25% after interior finishing, and the rest upon handover. In between, it’s easy to pause.

Kind regards