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

Unbelievable! But writing cheeky texts to other people .. I like that!

Yeah, after the depressive phase came the manic one ... I still remember his friendly "LOL, I even got the kfw 55 approval" when the stop was put in place

Thank you, I completely agree. The lady from the bank also said we did everything right with the stop. She sees worse cases daily where it would have helped to stop beforehand.

But interestingly, it seems that those who shout the loudest have also made mistakes and thrown money away themselves.

I stand by it, we were and still are clueless in this field and relied on the wrong people. It happened and cannot be changed now. We will make the best out of the situation and a solution will be found. I can definitely sleep more peacefully today knowing that we have spared ourselves so much trouble.

I’m with you. We haven’t gotten as far with the bank yet, but we were also way too naïve. "Damage" around 4000 euros. I’m looking forward and booking it as "tuition fees". Already have contact with a new general contractor. He has built a lot here in recent years. I’m already in contact with a family who is currently in the last weeks of construction with the company. On Sunday there is a meeting and then we’ll get a feel for things.

I think you and we now know that contracts / terms and conditions / general contractor and everything around it should be examined more carefully. I believe I will also treat myself to a short legal consultation to review the contracts for a few hundred euros next time…

Wipe your mouth, carry on – who knows what "later" will bring again ;)

Unbelievable! But writing cheeky texts to other people.. I like that!

But you often seem to be confused?!
You should read the linked thread with a glass of wine and enjoy both :)

Yeah, after the depressive phase came the manic one... I still remember his sympathetic "LOL, I even managed to get the kfw 55 approval" when the stop was put in place

That was a she!

But you are often confused, aren't you?!
You are supposed to read the linked thread with a glass of wine and enjoy both :)

That's how I understood it too, my comment was also directed at the friendly lady :D

Yeah, after the depressive phase came the manic one... I still remember his sympathetic "LOL, I still managed to get the kfw 55 approval" when the stop was imposed

Also a good idea to generate the missing capital & income through ETFs that provide a quasi guaranteed return..

But ultimately, it is probably the understandable fear that his second project (which in my opinion was more expensive) would run similarly to many things currently being reported. Because if the financing at the highest price during the lowest interest rate phase was already very tight, a demand for additional funds during the construction phase of just 10% - €80,000? would probably already be an issue..

that was a she!

I am talking about the quote above, and as far as I know it's a he. :)