Zaire32
2020-07-16 10:07:10
- #1
Hello,
I would like to receive neutral and honest opinions on what would be sensible in our case.
Initial situation:
She: 34, about 3100 net, employee, about 150,000 euros in liquid assets, savings rate: 2000-2500 euros per month
Both: 1 two-year-old child
Me: 32, about 2900 net, civil servant, about 150,000 euros in debt, house from 2015 valued at at least 500,000 euros, probably more, savings rate about 1250-1500 euros per month, loan payment 700 euros for the house
I am very satisfied with the house. Only minor things I would do differently the second time. Two things bother me a little: no basement, bad relationship with the front neighbor ([Hammergrundstück])
From the beginning, I did a lot myself, together with my parents. Looking back, the timing of the build was optimal, low land prices and good interest rates. Selling the house would be a painful step for me.
We want to marry soon and have been together since 2014. We currently split all fixed costs equally. I am the only one paying the house installment. At the time we met, I had already purchased a plot of land and was in negotiations with potential house builders. My girlfriend has the strong desire to own a property herself someday. I can very well understand her wish; after all, I felt the same way.
Currently, we are considering which option would be suitable for us. It would be very helpful to get an honest and neutral opinion from you regarding the following options:
1. Option
My girlfriend acquires half of my house. She would give me 200,000 euros. With this option, I would be debt-free immediately. In case of a possible separation, however, I would have to pay extra because the property is worth more.
2. Option
I sell my house and we buy a new property together (plot with new build). Unfortunately, land prices have risen sharply. For our current place of residence, the increase is 300-400%. I can imagine that house prices have also increased. If we decide on this option, I would also prefer a noticeable improvement in the property.
3. Option
We choose option 2, but I do not sell my house; instead, I rent it out. With this option, it would of course be better if I am completely debt-free. For this, however, I would still need at least 5-10 years.
I would like to receive neutral and honest opinions on what would be sensible in our case.
Initial situation:
She: 34, about 3100 net, employee, about 150,000 euros in liquid assets, savings rate: 2000-2500 euros per month
Both: 1 two-year-old child
Me: 32, about 2900 net, civil servant, about 150,000 euros in debt, house from 2015 valued at at least 500,000 euros, probably more, savings rate about 1250-1500 euros per month, loan payment 700 euros for the house
I am very satisfied with the house. Only minor things I would do differently the second time. Two things bother me a little: no basement, bad relationship with the front neighbor ([Hammergrundstück])
From the beginning, I did a lot myself, together with my parents. Looking back, the timing of the build was optimal, low land prices and good interest rates. Selling the house would be a painful step for me.
We want to marry soon and have been together since 2014. We currently split all fixed costs equally. I am the only one paying the house installment. At the time we met, I had already purchased a plot of land and was in negotiations with potential house builders. My girlfriend has the strong desire to own a property herself someday. I can very well understand her wish; after all, I felt the same way.
Currently, we are considering which option would be suitable for us. It would be very helpful to get an honest and neutral opinion from you regarding the following options:
1. Option
My girlfriend acquires half of my house. She would give me 200,000 euros. With this option, I would be debt-free immediately. In case of a possible separation, however, I would have to pay extra because the property is worth more.
2. Option
I sell my house and we buy a new property together (plot with new build). Unfortunately, land prices have risen sharply. For our current place of residence, the increase is 300-400%. I can imagine that house prices have also increased. If we decide on this option, I would also prefer a noticeable improvement in the property.
3. Option
We choose option 2, but I do not sell my house; instead, I rent it out. With this option, it would of course be better if I am completely debt-free. For this, however, I would still need at least 5-10 years.