Financing options for acquiring grandfather's house

  • Erstellt am 2022-11-06 09:04:56

Mangolicious

2022-11-19 16:10:46
  • #1


Exactly. It might have been a bit ambiguously expressed. :)

Thank you very much for your advice, experiences, and ideas.

What I took away:
-Renovation is very expensive and probably very complex. 170 sqm x 2000 euros amounts to 340k. Currently, a really nice, almost move-in ready semi-detached house with 160 sqm of living space, built in 2000, is listed in our area for 339k.
-Thoughts that family conflicts can arise if additional family members (or their partners) feel disadvantaged, no matter how good the current relationship is.
-that there are very different attitudes towards dealing with private loans / gifts etc.
-that people in the middle class currently have quite a hard time financing the dream of their own home.
 
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