Land value too low - therefore no approval for construction financing

I don't know myself, the preliminary contract (copy) is with the consumer advice center and is being checked to see if there are indeed more costs. We will see. By the way: the interest on the balance is over 5% (at 10% per year, plus additional monthly interest). It was a special savings contract back then, which banks don’t offer anymore today. And there is a deadline for these. Of course, the banks would be happy if we cancel it. But we stick to it. If the dream of owning a house now falls through, then so be it. Then we will just have to wait a few more years. After all, there are other things to do in life than mourn a desire. You can’t have everything

Have you ever asked other house providers to get a feeling whether your current company is too cheap?

I don't know if the consumer protection center is the right address to check construction sums

Otherwise, if the house bank, which has a good market feeling, says it is too cheap, alarm bells would also ring for me. A buffer should not be financed?

Yes, we have made comparisons. The same size and wishes. The contenders were Team Massiv Haus, Heinz von Heiden and Hansen Bau GmbH. Team Massiv Haus wanted a regional surcharge of 3K, Heinz von Heiden was 5K more expensive and as long as the difference is not greater than -5/+5, then it is also okay. And it depends on what wishes you have. If I want 60x60 tiles, then I have to pay more. Stated in the contract.

I don’t know if the consumer protection center is the right address to check construction sums

And the consumer center has also specialized in real estate. I have books from them "Buying a used property" and "Living and building-modernizing." And they recommend lawyers who are knowledgeable in construction law. (Town & Country and Privileg Haus we also had... way too expensive)

well, but these are not providers known for delivering top quality without defects and additional costs....

You should be aware of that. It won't be different with a family business either. If everything is not fixed in the contract, then the whole thing will start

(Town & Country and Privileg Haus we have already had... way too expensive)

YMMD

Rhenish greetings

YMMD

Rhineland greetings

had to google for the first time in months what that means

ymmd
you Made my day - you made my day