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

  • Erstellt am 2022-04-19 22:01:25

hauskauf1987

2022-04-21 20:15:22
  • #1
Do I understand that correctly? Sold the condominium, the builder is causing trouble, you have the plot and will now rent an apartment in the future? Holy moly... I would have preferred to give 10k to a good lawyer who would have torn apart the builder.
 

hang_häuschen

2022-04-21 20:16:58
  • #2


There is a construction service description stating that before the start of construction, the work contract as well as the cancellation policy will be provided. Sorry for our probably boundless stupidity!
 

hang_häuschen

2022-04-21 20:18:08
  • #3


We will definitely do that.
 

hang_häuschen

2022-04-21 20:20:14
  • #4


No, we will not rent an apartment. And even if the lawyer had torn the builder apart, I absolutely would have had no desire to have anything to do with him regarding the house.
 

TmMike_2

2022-04-21 20:22:44
  • #5

And then? Everything drags on for at least 5 years.
At least. The loan is running, the sold apartment is gone.
It was about damage limitation!
Perfect timing for damage limitation.

In the end, the general contractor registers his company under his wife's name and you end up with a pile of debt.

Weren't you the one who backed out and thereby threw away 100k?
#Mirror
 

hang_häuschen

2022-04-21 20:28:51
  • #6


Thanks, I completely agree. The lady from the bank also said that we did everything right by stopping. She sees much worse cases every day where it would have helped to stop earlier.

But interestingly, those who shout the loudest apparently also messed up and wasted money.

I admit it, we were and still are clueless in this area and relied on the wrong people. It happened and cannot be changed now. We will make the best of the situation and a solution will be found. I can definitely sleep more peacefully today because I know we have saved ourselves a lot of trouble.
 

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