Depression after notarized contract - experiences

Wonderful here again. Many helpful people and some amateur therapists. And some who would be "glad" to have such problems. I don't believe that even one of them would actually be glad.. @TE: Have an open conversation once with your GP and/or counseling center. If your emotional state doesn't change, make a call to the bank and the developer to check the possibilities. If they block you, then wait until the place is finished. You move in with a sofa bed and register your residence. At the same time, you commission a real estate agent for the sale. By moving in, you avoid capital gains tax on possible profit. The agent takes care of the sale. Costs incurred are also just money. Unpleasant, but peace of mind is more important. In parallel, you look for another affordable apartment that you like. If the next child does come, you look for another apartment. It’s all connected with effort. But there is always a way out. You get out of the situation if you want to!

The most tears are cried behind the most expensive houses... I learned this saying years ago. Often I believe it is true.

Of course, moreover, I find the financing not very healthy. Very high net income, compared to that relatively low equity and very high financing.

I would also break down there!!

Good grief, they do exist, yes. But not for such luxury problems... I just bought a house for just under a grand, I can afford it but I can't really be happy about it... Seriously, crisis services are offered for acute crises, when something terrible has happened to you and you don't know what to do anymore...

just quickly: Where the crisis comes from doesn't matter. Whether your favorite boy band breaks up or there are financial problems.

Otherwise, I can't contribute any more. Because the supportive words here obviously don't get through.

Is the financing already signed or are you still within the cancellation period? Then I would tweak a few things there again so that the prepayment penalty is lower in case of a sale after moving in. Off the top of my head, high special repayment options, very short fixed interest period, change of the repayment rate, variably financed portion, or something similar come to mind. Some of this naturally leads to higher interest rate risk if you actually stay in the house and do not sell.

If you have not signed yet or are still within the cancellation period, maybe can still help.

If it's mainly about the large sum, the following number might help. If you stay forever and ever (i.e., the next 30 years) in a rental apartment with a cold rent of €1500 and a (usual) price increase of 1.5% per year, that will cost you €681,186.30. That money is then gone, poof. The house then belongs to you. With a loan at 1%, the loan costs are €125,719.46, plus notary and property transfer tax. That means you build up about €550K in wealth through the house!

Regardless of the fact that such a house can also be sold at any time. Presumably, the losses incurred in doing so are less than the cancellation costs incurred now. The longer you live in it, the better it gets. Already just because of inflation.

Once our furniture is in there, etc., it will definitely be our home :)

Congratulations, I’m happy for you. How wonderful it will be once there are beautiful, new colors on the walls, chosen by you. And with property, you can really express your creativity and fulfill yourself. Tile formats, shapes and colors in the bathroom, everything just as you have dreamed it. I think it’s great. A little garden paradise just for pleasure and to let your soul dangle, without work, is, in my view, the ultimate feeling anyway.