andy1983
2011-08-12 11:36:55
- #1
Hello
So, there is not really anything new yet. Waiting is just the worst!!!!
We have been to the lawyer by now. He has received all our documents and needs to go through them first. The next appointment is only on 25th August.
He has already skimmed through them when we explained the situation to him.
They cannot just take away the property with the semi-detached house from us so easily, as we are listed with reservation in the land register and payments have already been made that exceed the property's value.
The bank (owner of the other half) could only offer us to pay back the money already paid. Without the already paid interest and property transfer tax + notary.
We will know more only on 25th August.
The head of the developer called me the other day. He had a conversation with the bank. The house is definitely supposed to be completed. Now the insolvency administrator just has to take this into hand. It is possible that he can still turn things around with the developer and finish the house or that another construction company takes over.
Then there would be the problem again that a new construction contract would have to be concluded with a new company. If possible, we then only want to have the shell and roof completed and do the rest ourselves.
So now it's waiting again. The responsible banker of the bank is on vacation until the end of August. The insolvency administrator will come only in 1-2 weeks due to holidays and we also have the appointment with the lawyer only on 25th August.
Because some wondered here why we did not go to a lawyer right away.......I did not make that very clear.
My wife's colleagues, who have gone through the contracts, are professionals. They often deal with such cases and are up to date legally. But as I said, we have gotten a second opinion.
So, there is not really anything new yet. Waiting is just the worst!!!!
We have been to the lawyer by now. He has received all our documents and needs to go through them first. The next appointment is only on 25th August.
He has already skimmed through them when we explained the situation to him.
They cannot just take away the property with the semi-detached house from us so easily, as we are listed with reservation in the land register and payments have already been made that exceed the property's value.
The bank (owner of the other half) could only offer us to pay back the money already paid. Without the already paid interest and property transfer tax + notary.
We will know more only on 25th August.
The head of the developer called me the other day. He had a conversation with the bank. The house is definitely supposed to be completed. Now the insolvency administrator just has to take this into hand. It is possible that he can still turn things around with the developer and finish the house or that another construction company takes over.
Then there would be the problem again that a new construction contract would have to be concluded with a new company. If possible, we then only want to have the shell and roof completed and do the rest ourselves.
So now it's waiting again. The responsible banker of the bank is on vacation until the end of August. The insolvency administrator will come only in 1-2 weeks due to holidays and we also have the appointment with the lawyer only on 25th August.
Because some wondered here why we did not go to a lawyer right away.......I did not make that very clear.
My wife's colleagues, who have gone through the contracts, are professionals. They often deal with such cases and are up to date legally. But as I said, we have gotten a second opinion.