Contracts signed - doubts within the withdrawal period

I signed with the bank and the developer last week and was actually in good spirits.

But now I have suddenly started having doubts about the developer, the reasons:

1. Some negative reviews on the internet (but almost as many positive ones), discovered only after signing the contract; if I had seen these before, I might not have signed.

2. I don't personally know anyone who has already built with the company. However, most people tell me that the company has a good reputation and they are not aware of anything negative.

3. The originally very cheap offer was somewhat optimistically calculated, as my architect friend criticized (this is also one of the criticisms on the internet); with the corrections amounting to 20K, it is now priced at the level of the competition.

4. The banker let slip shortly before signing the contract that there might possibly be problems with the loan-to-value ratio "due to the value of the house" (but there were not).

5. I looked again at the offer from my second favorite and found that, in terms of services at almost the same price, it is even slightly better.

Why I originally decided on the provider: good advice beforehand, detailed costs, they were the only ones to visit the plot, good feeling.

What would you do in my place?

a) Have the contract reviewed again by other people (2nd architect, 2nd lawyer)?

b) ["Radical solution"] Withdraw from the contract and go to my 2nd favorite (different developer, almost identical price),

c) Build with the architect, which may be more expensive and will considerably delay the project, as he currently has some major projects

d) ?

You sign a contract for 200-300 or even more thousand euros, and you can’t even properly call your counterparty (property developer?!?!???) what they really are? (Namely not a property developer!)

Please keep in mind that people tend to write negative reviews faster than positive ones. (I once heard it was 7 times as often)

If out of 10 reviews you split them 50/50, then out of 40 customers, 35 were satisfied, 5 were not.

I think that is still a lot of bad reviews, but it already reads significantly better than 50/50.

Why do you always find such things only after signing the contract in the new frontier of the internet?

Note: same service = same price.

That applies everywhere. A Dacia Duster is not cheaper than an Audi Q3 because they have cool tricks, but because they save on things (whatever those are). It’s no different with a house.

Besides an architect, you could also have a specialist lawyer check if they can give you even more uneasy feelings. Then you would be aware of the defects in the contract.

But these are actually all things you should have done before signing. Of course, you can use your right of withdrawal for that. But don’t expect your counterpart to be in a good mood afterward. And concerning the alternative construction partner... will you do the exact same thing there?

Homework: First deal with the basics and with contract and company forms, and better yesterday than tomorrow.

Note: same performance = same price.

Nonsense. That may be a desirable ideal, but it has nothing whatsoever to do with the current market situation.

A Dacia Duster is not cheaper than an Audi Q3

Please. Not everything that doesn’t quite fit is a comparison. Fully developed modular transverse architectures, brand image, target group are all factors that influence the price more than the performance/quality.

If your personal feeling is right, then just stay with Him. On the internet, you always find bad reviews; the good ones usually just don't write any. Besides, things never go perfectly in construction, that's just how it is.

Now, running away just because of a few reviews is not the best decision. If the offer is still on the level of the competition, then everything is fine.

You have signed, and that's it. What happens with the competitor you mentioned, you certainly don’t know either.

The question is answered when it is clear: Can you step back? Is there a clause?
If that is not possible, it is pointless to discuss it.
If it is possible, there are psychologically three motives:
1) Sh... I didn’t get the cheapest. The saving phrase: There is always someone cheaper somewhere in the world.
2) Sh... he cheated me. This feeling must be taken seriously; it is hard to talk away.
3) Ooo OOO Ooo, now I have spent 300k Euros. Where will this end! Saving phrase: If you want to build, you have to pay. If you don’t want to pay, you can’t build.
Karsten

I can only advise spending at least two years dealing with house construction before signing anything. For me, it was even 5 years and I am still active even though everything is over because it's fun. :)