Unpredictability of construction costs - Will the project fail because of it?

  • Erstellt am 2022-04-19 22:01:25

hang_häuschen

2022-04-21 18:38:32
  • #1
We would at least have builder's legal protection insurance, and since we are not building with them anyway, I wouldn't care how long it takes.
 

Benutzer200

2022-04-21 18:42:03
  • #2
Based on which contractual agreement? You didn’t even conclude a contract that you had not received a cancellation policy.
 

11ant

2022-04-21 19:53:20
  • #3
The additional time required for a proper tender is minimal, especially in relation to the advantages (not least: the circumvented uncertainty). I can't believe how people still don't understand this. And how you believe a hundred times that there should have been more precise agreements - that really was already a contract; thank God it lacked a cancellation policy. Only that saved your a** here!
 

Ysop***

2022-04-21 19:57:18
  • #4

Firstly, the contract was void, secondly the company did not deliver properly. I would definitely seek legal advice on that.
 

Georgian2019

2022-04-21 20:00:15
  • #5
I am surprised that you have to pay anything to the bank at all. The bank has no interest damage since it can lend out the money again at a higher rate. I recently had two prepayment calculations, and both were negative (i.e. the customer should have actually paid less than the remaining debt... therefore zero prepayment penalty).
 

hauskauf1987

2022-04-21 20:10:38
  • #6
World-class news? Damn, the next house will be 100k to 200k more expensive because of the interest rates. Normally, a really, really good lawyer should have taken this on.
 

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