37308Hausbau
2018-12-23 11:31:52
- #1
Good morning,
I have owned a plot of land (700sqm) for 2 months and am increasingly dealing with the topic of house construction. I have some general questions regarding the financial aspect.
Can I count the purchase price of the plot of land (60,000€) as equity?
Will the value of the plot be reassessed and perhaps even adjusted upwards?
What costs, besides the purchase price of the house, can be included in the construction financing (kitchen, landscaping, earthworks)?
Can I use a possible construction financing to repay a private loan (outstanding balance 35,000€)?
I am very much looking forward to your answers.
I have owned a plot of land (700sqm) for 2 months and am increasingly dealing with the topic of house construction. I have some general questions regarding the financial aspect.
Can I count the purchase price of the plot of land (60,000€) as equity?
Will the value of the plot be reassessed and perhaps even adjusted upwards?
What costs, besides the purchase price of the house, can be included in the construction financing (kitchen, landscaping, earthworks)?
Can I use a possible construction financing to repay a private loan (outstanding balance 35,000€)?
I am very much looking forward to your answers.