House construction still realistic despite rising interest rates / construction costs?

I’m definitely keeping my fingers crossed for you! If the consultant is optimistic, that’s already a good sign. They do want to earn something. :) Our consultant was also right with his "green light". :)

I’m definitely keeping my fingers crossed for you! If the consultant is optimistic, that’s already a good sign. They want to make money, after all. :) Our consultant was also right with his "green light". :)

I’m also keeping my fingers crossed very much. But I expect some kind of construction diary here in the forum if it works out :cool:

The second best offer was in our case quite a bit more expensive even over 15 years (I mean 2.64% effective).

But Allianz also has nothing to give away..

I’m keeping my fingers crossed for you, really tightly, that there are no nasty surprises!

With us, processing by Allianz already took 6 weeks at the beginning of the year. However, the advisor said so from the start. Processing time in this case meant time for the contract creation. The interest rates of the offer were binding with our acceptance. The advisor reviewed the documents in advance and had them confirmed by the colleague from the credit department via email that everything was fine. I had no doubts about relying on the statements.

I’m definitely keeping my fingers crossed for you! If the advisor is optimistic, that’s already a good sign. They do want to make money, after all. :) With us, the advisor was also right with his "green light". :)

That’s what the advisor told us too – and then oops, it had never happened to me before that they reject it! – we had no financing and a notary appointment. And lost six weeks. The broker then wanted to make us an alternative offer seem attractive, which was not an option for us. These days, I wouldn’t rely on or get involved with that.

Always cover your ass. Not putting all your eggs in one basket would make me nervous. No matter how it turns out, in the end you only have one option in the decision. Allianz or Allianz. If they add another 0.5% interest, you have to take it because too much time has already passed and interest rates have skyrocketed.

You still have time to look elsewhere. You already have the documents together. Honestly, I don't understand how anyone can approach such a big project so naively.

Speaking as a project manager: How likely is it that the financing will not come through as desired? 1, ... 10 How much will the project be affected by this? 1, ... 10 How much effort will it take to fix the "damage"? 1, ... 10

The factor of all these questions represents the risk. And if that increases, then you should adjust some parameters to contain this risk.

If everything goes well, that’s of course great and I wish you that. But if not, it could cost you a lot of money or the entire project. And if you invest four or five hours and look for alternatives, it will practically cost you nothing in the end. On the contrary, you will get a better feel for the "market" and maybe even get one or two good tips out of it.