Construction financing yes or no?!

2016-12-21 07:04:20

Then I expressed myself poorly, sorry.

I mean that when someone (I) reads this, the targeted questions about the personal situation come across as very pushy and one might not even know "what these questions are supposed to achieve."

I didn’t want to write conflicting either, but rather took up the questions, provided explanations, and based on the given information (there are 800€ available from two salaries) expressed my concerns.

It may be that little information helps no one, but I find that the corresponding answers then usually come across as uninviting. That was my motivation for writing the above.

No, nothing too pushy, but it’s always the same since these questions never come from an advisor either. They are only interested in the current situation and not the future. We assess the future a bit and bring in arguments if it gets tight.

If someone wants to build for 500k with 4k net income without kids and still wants 3 children, it simply won’t work (hypothetical example).

2016-12-21 13:56:25

If I see that correctly, it is a same-sex civil partnership. In that case, the issue of children is usually not so pressing.

2016-12-21 14:08:56

Just a small objection to the topic: No builder has ever built without risk. Therefore, I would spontaneously say that €800 is too little to build, but in terms of salaries, it would work. Otherwise, the typical advice, waiting a few years and saving up, has never harmed anyone. And the interest rate increases during the waiting period are negligible. Moreover, there are also insurances for loss of earnings that cover or minimize the exact risk of the main earner failing.

2016-12-21 21:29:34

Thread is three days old and none of the important questions to provide any informative answer have been answered by the OP.

:(

Regards

Construction financing yes or no?!

HilfeHilfe

tbb76

HERR_bau

ypg