Medium-term house construction project with wife and 2-3 children

  • Erstellt am 2017-03-24 15:45:37

Nordlys

2017-03-27 21:03:25
  • #1
And trees do not grow to the sky. .... So calm down, Brauner, calm down. The first thing would be to find a plot of land and buy it. It can lie there, it won't go bad, it causes hardly any costs. And then you already have that. Then, you first live well and inexpensively. No hurry. Take out a building savings contract, that way you secure the current interest rate for the future, build equity, and possibly save taxes. And when the time comes, we'll see what the market does. By the way, timber frame houses are quite cheap in Poland as well. There are companies there that also work in [D]. Karsten
 

AndreasPlü

2017-04-01 12:36:18
  • #2
Hello,

Getting a plot and then calmly looking for a house sounds good - that's how we did it too.

Regarding financing: How secure do you consider your job?

When calculating costs, better estimate higher and don't forget the incidental costs, such as property transfer tax, notary, possibly realtor, for house construction connection fees, soil survey (preferably BEFORE) plot purchase, etc.

Purchase the plot preferably from a municipality or city. It's best to call now all the municipalities that could be considered and ask about new development areas that are planned/will be coming soon. This saves realtor fees and the prices are more realistic than on the free overheated market. We also had success this way.
Important when buying: location, location, and quality of the plot (soil survey!!!)

Regarding own work: Yes, you can save a lot of money. With a lot of own work, it is advisable to build with an architect who also supervises your work during the execution phase. But be aware that this path is labor-intensive. You have to think about every trade within the scope of the tenders.

Alternatively, you can build with a construction company at a fixed price. Advantage: fixed price; with an architect it can sometimes get more expensive. Caution: definitely obtain references. Go to new development areas and talk to other builders about their experiences. References mentioned by construction companies are less useful; they will hardly tell you problem cases and somewhere it once went well even at the last bad company.

When you have a company and an offer: check carefully and preferably have it checked. Technically and legally! There are associations and organizations with corresponding experts who do this for a few hundred euros. It pays off. Independent construction supervision during the execution phase is also highly recommended. Defects are often not recognized by laypeople.

Finally on finances: Save as much as possible. The more equity, the better the bank conditions + the less interest you pay. In addition, you notice where your monthly pain threshold is.
When choosing the financial institution: Take two weeks off, inquire at at least 5 banks, savings banks, and at least one credit broker. Take all offers and have them checked by the consumer advice center (approx. 250 euros) and advised on what is best for you.

So, that's it for now.
 

taschenonkel

2017-04-03 21:20:39
  • #3


Thanks for all the tips! Great ideas included. So my job situation in Berlin I would describe as very comfortable. I have a permanent contract, am a manager, and have several headcounts in my team that I should fill this year (if we find enough suitable employees) and will be promoted again next year (then about 15% more salary).

Business (IT, American tech company) is going great and I constantly get offers from headhunters for a change. I switched to my current job a year ago and within 3 weeks after deciding to look for something new, I had the new contract from my current company. Just because I let myself be poached. It could be worse. My wife wants to start next year in some junior position, probably in tech as well.

I checked out the tip from Nordlys, with Danwood for example, you can definitely get a nice house for about 300k. Supervision with an expert is a matter of course for me, I have firmly resolved that.
 

Knallkörper

2017-04-03 21:28:00
  • #4


Then just switch to a company that pays you appropriately? I mean, 4,000 euros is not bad, but you can possibly earn that as a tariff employee with a 35-hour week.
 

taschenonkel

2017-04-03 21:34:36
  • #5


Net? That is by no means the standard in Berlin with just under 3 years of professional experience.
 

Caspar2020

2017-04-03 22:03:23
  • #6


I have to agree with taschenonkel. Berlin is a bit of exploitation / or rather a generation internship in the tech sector. Many settle for little just to possibly be part of the next Big Thing.

Who wouldn't dream of being a shareholder in a unicorn...
 

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