Hans_Meier
2010-10-28 11:08:54
- #1
Such offers can only be realized if the provider financially crushes their subcontractors. I know at least one provider here in Munich who has signed numerous construction contracts at completely unrealistically low conditions. Afterwards, he only pays his subcontractors’ invoices with huge deductions (sometimes 50%) citing flimsy reasons. Every year, 2-3 of his subcontractors go bankrupt because of this. Well, he just quickly finds new ones. Do you want to get involved in such a "business model"? I can only advise: hands off! Make sure you somehow get hold of a nice plot of land, find a reputable general contractor (don’t shy away from the work and effort it takes to find one, i.e. gather references, talk to residents, compare offers in detail...) and build solidly!