Feedback on financing requested (purchase price 222,000)

Then a question on the topic: Which passport does Person B have?

B comes from a non-EU country and holds a 3-year residence permit with automatic extension upon maintaining the marital community. The financing is therefore - also due to B's probationary period - fixed on A. Nevertheless, A and B are registered as debtors in the land register and at the bank.

Well, there are banks that generally exclude financing with people who do not have permanent employment or do not consider such income at all.

With that income, the financing should be manageable with a salary, even if the financing is contractually agreed upon for two people, since joint and several liability is normal.

A power of attorney for receipt will then definitely be required at a notary or lawyer so that court documents can be delivered in any case, as emigration could otherwise lead to enforcement difficulties.

The interest costs and, prior to that, the risk assessment will be attributed solely to the property and the question of how valuable the property is.

I would become skeptical as a financing partner at the purchase price and therefore demand property details for evaluation, which unfortunately are not provided.

Hello,

What does your question have to do with the topic? Am I asking in any way about the building location, construction costs, Ausstattung, description, or looking for an evaluation of the total costs? No.

As you can see from various comments by users, the total building measurement value you mentioned raises significant doubts; including for me. But since people can be wrong – myself included – I asked about the location of the construction project. However, if you are convinced that you have correctly interpreted your BB as well as the entire contract structure, a separate opinion is of course unnecessary. In that respect, you are right.

Your colleague’s post is simply lol and therefore would have been removed in other professionally moderated forums. Not here, which is understandable given the low traffic.

Then why do you ask a question about your financing on the HBF – with neither professional moderation nor enough traffic – at all?

Rhenish greetings

The post from your colleague is just lol and would therefore simply have been removed in other professionally moderated forums. Not here, which is understandable since there is hardly any traffic.

An off topic is an off topic means a remark off the relevant topic. I don't really believe that my post would have been deleted in other forums, yet this forum obviously shows itself as very personal. And that is a good thing! That's why users like to stay here. If you don't find the answers here meaningful (without providing corresponding information), then you can ask your question in the professional forum. :)

Of course, you're also welcome to stay :)

What does your question have to do with the topic? Am I asking in any way about the location of the building, the construction costs, the equipment, description, or looking for an evaluation of the overall costs? No. The question is not without reason in the subforum "Feedback zur Finanzierung" and specifically targets the financial situation and the possible risk assessment.

You are asking the question here in the forum because you yourself do not have enough knowledge of the subject. Of course, otherwise you wouldn’t be asking. This also becomes clear from the way and the content in which you describe the financial situation. And finally from your misconception about the financing amount, which is actually already significantly higher than you thought. That’s okay, that’s what a forum is for, where even people who do this professionally move around and still share their tips for free. There is thus an increased risk that further costs will arise that you do not currently know about. These then also have to be financed, so they belong in the question too. You obviously have not yet internalized that building a house is a more complex issue. In this respect, the questions about construction costs etc. naturally also belong in the question. Or put another way: without knowing the basic content, your question cannot be answered sufficiently, so it must be clear that the previous answers cannot help in a well-founded way. You simply need more background knowledge to be able to advise you properly. So how do you come to the assumption that any follow-up question asked here is off topic? I mean, do you actually get what you’re doing? You are asking other people to help you for free in their spare time with their experience and instead of accepting the help, you shoot it in their face. Somehow… not very smart, right? Do you think people ask those things because they just feel like it? Because they want to annoy you?

The post from your colleague is just lol and therefore would simply have been deleted in other professionally moderated forums. Not here, which is also understandable since there is hardly any traffic.

If you’re already lol’ing around here, I’m rofl and say politely: *Plonk*. Surely others have already done that too. Have fun with the additional costs, which in my opinion are already foreseeable now.