House too expensive, please share your opinions

  • Erstellt am 2014-09-17 10:43:01

DG

2014-09-18 13:19:47
  • #1


For the purchase price, in my opinion, that is decisive.



If demolition is due, it is customary to deduct these costs from the land value!?! Only an idiot pays the full land price for a plot that is not fully usable but must first be made usable. How high the actual value of the object (overall) is, is left undetermined here, but there are always objects, which (not least from forced auctions) go under the hammer after a few months/years for a significantly lower part of the original offer.

However, I also think that there is a thorough misunderstanding of my line of thought here: if the TE only has 80T€ available, the only possibility for the described house is to make a minimal offer and thus also accept only a very low chance of the award; OTHERWISE, one must distance oneself from the object and continue searching.

However, it can certainly be that the plot/object is okay for someone with more capital and then a higher purchase price is paid.



Sure, they try that. Whether and especially how often that succeeds is an entirely different matter.
 

Olli1983

2014-09-21 08:19:13
  • #2
Usually only an expert report can help.
 

Similar topics
17.04.2016Value of land and bungalow B5511
08.11.2010Offer for a semi-detached house with land, okay?11
07.07.2011Financing land now, house in 6 months?17
14.08.2012Build a home? Land in prospect19
25.03.2012Land now - house construction next year23
31.05.2012Financing of the property: Does the entire financing need to be secured?11
24.03.2014Buy property - demolish old building - build new?!?12
16.06.2015Buy property now, and build in 3 to 5 years?52
29.01.2016At what value is the property assessed during financing?24
22.03.2016Temporarily lease land26
29.04.2016Purchase contract / Division of property / How to determine the land21
27.02.2017Determination of land value of property with existing old structure25
16.02.2017Transfer property / not married33
24.04.2020How do brokers negotiate the purchase price?43
02.11.2019Determination of the mortgage value for favorable land10
24.11.2021Plot of land in sight - looking for tips, tricks, suggestions39
29.06.2021Plot in the new development area - which one to choose?37
26.03.2022Construction on someone else's property with subsequent purchase55
08.01.2023Finance the property, construction starting in 2 years. How to finance?17
17.09.2024Buy land in Potsdam with huge oaks?20

Oben