11ant
2021-11-17 12:02:24
- #1
As entertaining as this post is (thanks for that!), I’m not quite sure what you’re advising us?
Buy a house in need of renovation (possibly smaller, simpler than we wish) and spruce it up, possibly sell it later and upgrade to our dream house?
I advise you to go for an interim house (explained at Baulotse-Hoffmann), i.e. don’t postpone the step into the dream house, but divide it into two portions: build a house sized to what satisfies you today (without expansion reserves, with the panoramic fireplace postponed to the next house, etc.) or buy a used house (also without closing the full gap between current property and dream). Don’t let that stand in your way of building the "house we never want to leave again" right now.
You also keep coming across bidding procedures, but that really seems to be a complete pig in a poke?
I mean foreclosure auctions, of course.
I would steer clear of both. Don’t buy on the market, buy alongside or before it (sorry "to the group", my upcoming "collected" Barthel tips announced for this autumn still need a little while). Foreclosure auction properties are often a pig in a poke insofar as they regularly have not been inspected from the inside either. Fallen owners sometimes live just as wildly as tenant squatters. "Stripping" is still a euphemism for what a house with a stoner hoarder needs to become habitable again.
But well, the vacation days always remain anyway, so you could also go to a few auctions to get a feeling for it.
Even then it’s a waste of time. Better stroll through desired locations on the prowl for worthwhile properties that are not yet on the market.