Red thread in house construction and financing

It may be that the car surveyors charge a few euros less, but this difference, given the total sums you have to manage, is just a drop in the bucket... Much more important is to do it really on time. The construction boom is currently going so incredibly well that even not entirely reputable construction companies and botching craftsmen are staying on the market. You really should be prepared for that. And regarding your general assessment: True; at the moment prices are rising faster than the typical average builder can save additional equity. Seen that way: Act quickly or wait 5 - 10 years. Nothing always goes up, not even construction prices. But no one has found the crystal ball for that yet...

Exactly for that reason, we want to implement the topic as quickly as possible now. Thank you very much for the tips.

Hi, become a member of the Bauherren-Schutzbund or Verband Privater Bauherren relatively quickly and then have the contract draft checked by their lawyer. Then implement the advice! Note: Before your signature, the general contractor does a lot to secure the contract first. From the moment of signing, you are bound and almost every change surprisingly costs additional money...

I just looked at the associations and have to say that actually only the contract review would benefit me. We already have an external expert from the known circle. Are there any other advantages why one should become a member there?

I just looked at the associations and have to say that actually only the contract review would benefit me. We already have an external expert from the known circle. Are there any other advantages why one should become a member there?

Question to the experienced builders :) Did you register/use such associations before the construction?

Question to the experienced builders :) Did you register/use such associations before building?

Yes, because we were and still are laymen. The contract was changed in our favor, the construction process was less stressful, and having a professional by your side can massively improve quality. Every construction worker knew it would be inspected, and if there was botched work, he would get into trouble with his boss, because the boss only calculated the construction once and no rework.

Hello everyone, things are slowly becoming more concrete for us and I wanted to ask you again about your experience. We have a positive preliminary building approval and now it is basically about signing with the general contractor. We have also found one with whom we want to do this. We will have the contract reviewed externally once it is available. So far so good. Thanks already for all the tips, I was already able to implement a lot!! Now we still have the issue with our condominium. When is the optimal time to sell? Bridge financing and selling the apartment shortly before completion? Or now before the financing is taken out? There are some advantages and disadvantages to both aspects but I am unsure how we should proceed. If we sell now, then of course with a right of residence until the house is completed, which may restrict the pool of buyers. However, our location is currently so sought after that I am less worried about that. My fear is rather that something goes wrong during construction and in the end we end up with neither a house nor an apartment :(. What are your experiences? Maybe someone was in a similar situation and can share. Maybe on the side: if we sell now, we will probably reach a lending value of around 70%. Unfortunately, the bank values the property significantly lower, which would make bridge financing considerably more expensive. Additionally, no one knows how the market will develop. If it completely turns around in a year, we will lose a lot of equity. Thanks a lot in advance.