schlckr7
2014-08-08 12:12:08
- #1
Dear forum,
I have been a silent reader of this forum for a long time and try to get closer to the subject of construction every day – let’s say, with limited success, since the topic is simply very complex.
For this reason, we have come across the Verbraucherzentrale several times, which, among other things, also offers the review of architect contracts as well as advice and even conclusion of construction financing (as a kind of broker) in Hamburg.
Question: Has any of you ever used this service and realized the construction financing through the Verbraucherzentrale?
The cheapest construction financing is available from the so-called “direct providers”. These are brokers who work with various banks. They offer the respective financing request to these banks. The bank that makes the cheapest offer gets the financing. In the event of the contract being concluded, the bank pays the broker/direct provider a commission – usually 1 percent of the loan amount. However, you ultimately pay this commission through a correspondingly higher interest rate.
With our service, we take over the request for offers and give you access to the best deals. Through an internet platform, we have access to a total of 100 banks. For this, however – unlike direct providers – we do not receive any commission from the banks. The conditions we present are therefore usually better than those of the direct providers.
In addition, we have direct contact with local providers in Northern Germany. Here too, we can help you get good conditions.
We then send you a financing application, which you return to us completed. We obtain the cheapest offer for you and invite you to a personal meeting to discuss the final financing with you. If the documents are complete, you will usually have a loan agreement ready for signature within the following ten days.
Question 2: We already have a plot of land that is currently being developed as a building plot and will then be included as equity in the financing. Since we do not yet have construction financing, we are currently paying architect fees (for the first 2 service phases) and development fees out of our equity. So far, that is 10k EUR. Will these costs also be taken into account later in the financing?
We are still in the planning phase with our architect and want to start building by March next year.
If this question has already been asked here, I unfortunately could not find it.
Best regards from Hamburg
I have been a silent reader of this forum for a long time and try to get closer to the subject of construction every day – let’s say, with limited success, since the topic is simply very complex.
For this reason, we have come across the Verbraucherzentrale several times, which, among other things, also offers the review of architect contracts as well as advice and even conclusion of construction financing (as a kind of broker) in Hamburg.
Question: Has any of you ever used this service and realized the construction financing through the Verbraucherzentrale?
The cheapest construction financing is available from the so-called “direct providers”. These are brokers who work with various banks. They offer the respective financing request to these banks. The bank that makes the cheapest offer gets the financing. In the event of the contract being concluded, the bank pays the broker/direct provider a commission – usually 1 percent of the loan amount. However, you ultimately pay this commission through a correspondingly higher interest rate.
With our service, we take over the request for offers and give you access to the best deals. Through an internet platform, we have access to a total of 100 banks. For this, however – unlike direct providers – we do not receive any commission from the banks. The conditions we present are therefore usually better than those of the direct providers.
In addition, we have direct contact with local providers in Northern Germany. Here too, we can help you get good conditions.
We then send you a financing application, which you return to us completed. We obtain the cheapest offer for you and invite you to a personal meeting to discuss the final financing with you. If the documents are complete, you will usually have a loan agreement ready for signature within the following ten days.
Question 2: We already have a plot of land that is currently being developed as a building plot and will then be included as equity in the financing. Since we do not yet have construction financing, we are currently paying architect fees (for the first 2 service phases) and development fees out of our equity. So far, that is 10k EUR. Will these costs also be taken into account later in the financing?
We are still in the planning phase with our architect and want to start building by March next year.
If this question has already been asked here, I unfortunately could not find it.
Best regards from Hamburg