zwergnase
2013-03-27 09:07:48
- #1
Hello,
my parents-in-law have a large plot of land on which their house and an extension (marked in red in the attachment) stand, which they are making available to us for expansion. Currently, there is a garage and a workshop in the basement, and the upper floor is in a shell construction state.
Now the question arises of financing. (approx. €50,000)
The property is unencumbered and I therefore assume it is free from bank claims.
Should the parents take out the loan and run it as a modernization loan or sell us a part of the property, which is difficult because the garage is on the ground floor and is supposed to remain there.
Since my wife and her brother are the sole heirs, there is also the possibility to pay out half of the property to her early as an inheritance, so that she becomes the owner.
Since we cannot provide much equity, we would like to mortgage the property/house to be purchased in order to finance the expansion.
But is this also possible if my wife is transferred the house as inheritance, and how is the value of the house/land calculated?
In addition, we want to obtain heat and electricity from alternative energy sources, and for this there are special energy loans with special subsidies again.
Is it more sensible to take out the loans separately or combine everything into one?
Does the government subsidy still apply then?
Many questions and one goal, to finance as cheaply as possible.
Please provide active support.
Best regards
my parents-in-law have a large plot of land on which their house and an extension (marked in red in the attachment) stand, which they are making available to us for expansion. Currently, there is a garage and a workshop in the basement, and the upper floor is in a shell construction state.
Now the question arises of financing. (approx. €50,000)
The property is unencumbered and I therefore assume it is free from bank claims.
Should the parents take out the loan and run it as a modernization loan or sell us a part of the property, which is difficult because the garage is on the ground floor and is supposed to remain there.
Since my wife and her brother are the sole heirs, there is also the possibility to pay out half of the property to her early as an inheritance, so that she becomes the owner.
Since we cannot provide much equity, we would like to mortgage the property/house to be purchased in order to finance the expansion.
But is this also possible if my wife is transferred the house as inheritance, and how is the value of the house/land calculated?
In addition, we want to obtain heat and electricity from alternative energy sources, and for this there are special energy loans with special subsidies again.
Is it more sensible to take out the loans separately or combine everything into one?
Does the government subsidy still apply then?
Many questions and one goal, to finance as cheaply as possible.
Please provide active support.
Best regards