Proof of financing from own funds

Hello,

I am fortunate enough to be able to finance my house construction project from my own funds. The question now is, how does one prove the equity to the general contractor/general service contractor when no bank loan is taken? Will the appropriate proof of equity suffice, or is a bank guarantee, some kind of escrow account, or other declarations (I have read about assignment declarations) usually required? Or is it cheapest or easiest to take out a loan for a very small amount and thereby present a normal financing confirmation without further discussion? I want to avoid costs for land registration, etc.

Of course, I will address the topic with the general contractor at the appropriate time myself; I just wanted to find out what a usual solution is and what suggestions I can bring. I couldn’t find too much about this when searching online.

Thanks in advance for the answers, especially from people who have already been in this situation as builders or contractors.

Isn't a bank statement with a stamp from the bank sufficient?...)

would have also said bank statement etc pp

treundhandkonto has a disadvantage. The account is pledged to the GU. If you have trouble with him etc., you can no longer freely dispose of the money. That means the GU cannot simply pay it out without your consent, but you also cannot freely dispose of it again without his consent.

You don't have to prove anything to the GU, I can't imagine anyone would want to see that either. You are signing a contract after all.

Hi,

Printing the account balance was enough for us. He wouldn’t have gotten more anyway....

Best regards,

Andreas

I do not understand: As a rule, the payment schedule is formulated in such a way that the client always pays in advance anyway.