House construction too expensive - Stop building?

2022-08-07 23:03:58

The property is family-owned and there is no general contractor, so you cannot "resell" a construction contract. And what is the point of a building stop? The bank also has a say in this, because they provided the loan for a house that ultimately has a certain value... and not for a shell ruin... You even have to talk to the bank if you want to reduce the size of the house before construction begins...

2022-08-07 23:08:33

Better an end with horror than horror without end. Sometimes I get the impression that even the smallest 400€ jobber is sold villas by the bankers in DE. The OP is not panicking without reason. Understandably, she sleeps poorly with this small income. Because the construction swallows huge sums. So I can understand the lady very well.

2022-08-07 23:13:25

Better an end with terror
than terror without end.
Sometimes I have the impression that even the smallest 400€ mini-jobber is sold villas by bankers in Germany. The OP is not panicking without reason.
Understandable that she sleeps badly with this small income. Because construction costs huge amounts. So I can understand the lady very well.

I’m telling you, a completely distorted perception of how much net household income home builders in Germany actually have...

2022-08-07 23:52:53

Our household net income is about 4600 euros since I am currently on parental leave.

Loan installment 1,200 euros for 400k.

Understandable that she sleeps poorly with this low income.

But you can't be serious now, can you? "Low" income plus rental income plus salary growth after parental leave – strong performance in financing… in what world do you live? This is a model example of genuine financing with a good salary.

2022-08-07 23:56:44

I’m telling you, completely distorted perception of how much household net income home builders in Germany have...

I also think conservatively. Many costs incurred in house construction are not predictable. House building sewn on the edge

You’re not serious, are you? Small income plus rental income plus salary growth after parental leave – strong performance in financing… what world do you live in?

the construction is not predictable. many unplanned costs come up. and suddenly the €400,000 quickly become €600,000 or much more. I am rather pessimistic with such a small income. but that is just my opinion. if you see it differently, that’s also fine.

2022-08-07 23:58:12

I also think conservatively. Many of the costs incurred in house construction are not predictable. House construction that is tight on the edge

the construction is not predictable. many unplanned costs come up. and suddenly, from €400,000 it quickly becomes €600,000 or much more. I am rather a pessimist with such a small income. but that's just my opinion. if you see it differently, that's also okay.

This is not a small income and apparently not tight on the edge either. And why should €400,000 become €600,000? Don't exaggerate!

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House construction too expensive - Stop building?

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