House purchase with cracks in the basement

  • Erstellt am 2020-12-17 12:09:21

Olli-Ka

2020-12-28 14:52:46
  • #1
Hi,
that's exactly the difference:
As a buyer, I would include as much as possible (that is good for me) in the contract, list all visible defects, no exclusion of warranty, etc.

As a seller, it’s exactly the opposite: exclude as much as possible, but do not hide defects; honestly include them and point out again that they are known and no warranties can be derived from them.

Now guess who currently can determine the conditions?

Personally, I would rather buy the described house, because you know what is there (which is probably not so dramatic, the house has been standing for over 50 years) than some kind of "high-gloss pretender."

That’s why you should also take an expert if you can’t assess it yourself.

Regards, Olli
 

Wolkensieben

2020-12-28 15:05:45
  • #2
I see it the same way. You just have to follow the new construction topics to see what’s going on. Depending on the contract, you are not even allowed to bring your own expert onto your own property. Not the property that belongs to the developer, but the one where you yourself are already registered in the land register. Crazy.
 

Olli-Ka

2020-12-28 15:19:40
  • #3

Well, if you agree to such a contract.
A friend once built a townhouse with a developer in H., and he was only allowed onto the property at the key handover, but as I said, developer...
Not possible on your own property...
...rather the other way around, if I don’t like an electrician or whatever, they get banned from the house, okay, but then I have to accept the consequences such as delays, etc.

Regards, Olli
 

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