Financing confirmation, but how?

Hello,

I am a bit confused regarding the financing confirmation requested by the construction company, as we plan to carry out the construction without financing through a bank. However, I can at most provide confirmation of our equity (approx. 30% of the total amount), the rest would come from family background (however, not everything is available at this point in time). How can I comply with the construction company's requirement now?

The easiest way would probably be to ask the house building company what they need then. Maybe a document from the relatives stating what they are willing to give you is already enough. As security, you can also go to the house bank and have the maximum financeable amount confirmed to you.

Hello,
I am afraid that you might have a problem. From the developer's perspective, I would not want to build with you since you have not secured your financing. Why can't you prove 70%!!! of the construction costs?

It is quite simple, we want to sell another property and in all likelihood the sale will not have been completed by that time, consequently no amount is currently lying around anywhere.

Then you should talk to your (one) bank and have the willingness to finance 70% documented there. Maybe you even need to have the purchase price temporarily financed. In the constellation you described, that is possible.