Temporarily park money from construction financing in a daily account

  • Erstellt am 2023-02-11 11:08:52

HilfeHilfe

2023-02-12 07:16:32
  • #1
Hello,

I would be surprised if you could pay out without a construction status report or proof.

Normally, a maximum lump sum of 10-15k is possible, after which it must be substantiated with evidence.
 

guckuck2

2023-02-12 07:30:44
  • #2


Yes, that's right, it was Willi Wutz. Your expertise is impressive once again.
 

Zubi123

2023-02-12 07:44:50
  • #3


so I can confirm this procedure in a similar way. I guess it depends on the respective bank (in my case, the main bank)…
 

Silent010

2023-02-12 08:08:28
  • #4
After submitting construction progress photos ("Look, here is the base slab, shell UG, OG, roof frame, plaster"...) throughout the entire house construction over more than 1 year, these were about 10-15 notifications). With that, we always received up to around 50,000 EUR in one notification. But it was not possible to just withdraw a large sum without actual progress.

In conversations with acquaintances, it was already a very relaxed procedure with our bank. Others only receive money after invoices.
 

masterflok

2024-03-19 19:54:49
  • #5

It’s similar for us. I always parked the money temporarily in the overnight money account and withdrew it when needed.

The payment blocks were around 50k euros.
 

Allthewayup

2024-03-19 20:24:06
  • #6
We will receive the final tranche of our loan only after an on-site inspection by the bank.
 
Oben