Job offer but temporary - what options are there for financing

You have a 1-year fixed term and for the rest enjoy the view. If they want to take over anyway afterwards, why not make it permanent right away?

I think it really depends on the bank and the financing volume. For us, my parental leave already prevented the loan. And you are guaranteed to get your job back! So we were advised to wait with the loan for the almost 2 months until my parental leave is over. It can be very picky. I would also feel out the new employer to see if they can do something. But I can’t really assess how much your industry is affected by the shortage of skilled workers.

I spoke with my financial advisor yesterday. He said that the situation with the probation period and the fixed-term contract could already become problematic. However, he wanted to check this with a few banks now. I have already asked my future employer. But they have their regulations and do not want to deviate from them. I should also keep a low profile since they are one of the top employers in our region. Otherwise, they will quickly find someone else.

Whether construction can really start in May is, of course, questionable. The construction road is supposed to be developed by the municipality in May. I don't know how much longer that might be delayed.

Could you also buy the property with equity or, if necessary, a consumer loan or a loan from relatives? That would at least be an idea. Is there a building obligation and if so, within what period?

We could buy the property with equity. I believe it must be developed within 3 years. Maybe we will really wait another half/three-quarters of a year longer to start construction. But you know how it is: you want to get started right away and secure the good conditions. Who knows where the interest rate will be at the end of 19/beginning of 20. But the jack of all trades probably doesn’t exist here. Maybe it will really be delayed on the part of the municipality. However, there is also some pressure there because 17 properties are to be sold, for about 3/4 of which inquiries already exist.

Then talk to your financial advisor (what kind, if I may ask) about a forward loan, with which you can lock in the interest rate.

However, you should have a reliable statement about the total costs so that you do not secure too much or too little.

Look at it positively: you can then plan the details thoroughly and without pressure and compare better.