Hello everyone 🙂
In recent days, I have been thinking more about the idea of building a house. It’s basically decided that my girlfriend and I definitely want to own our own home in the future. The question of whether to buy an existing house or to build one keeps coming up. We regularly check the usual property websites to get an overview of the homes currently available in the nearby area (Mülheim an der Ruhr). Since the market situation has been, to put it mildly, "more challenging" for some time now, this raises my question. While browsing these property sites, I often find at least 2-3 issues with the houses listed that, in my opinion, would be deal-breakers 😀
Therefore, to what extent should preparatory work or efforts be made before starting a building project?
I hope my question doesn’t sound too “stupid”! 😱
In recent days, I have been thinking more about the idea of building a house. It’s basically decided that my girlfriend and I definitely want to own our own home in the future. The question of whether to buy an existing house or to build one keeps coming up. We regularly check the usual property websites to get an overview of the homes currently available in the nearby area (Mülheim an der Ruhr). Since the market situation has been, to put it mildly, "more challenging" for some time now, this raises my question. While browsing these property sites, I often find at least 2-3 issues with the houses listed that, in my opinion, would be deal-breakers 😀
Therefore, to what extent should preparatory work or efforts be made before starting a building project?
I hope my question doesn’t sound too “stupid”! 😱
W
WilderSueden8 Jan 2021 12:08Ideensucher schrieb:
1) The property transfer tax applies to both the land and the house, as shown in the invoice from Nordanney. Some mention that the house provider claims this is not the case, but they apparently never confirm this in writing. So be cautious about statements from sellers.I am more familiar with the clause along the lines of "if the tax office also charges property tax for the house, this is not included in the fixed price," or something similar. Of course, it’s not impossible that the marketing materials say one thing and the contract says another.W
WilderSueden8 Jan 2021 12:27Better to trust no one, that way you can’t go wrong 😉
There are often reports from people who end up building with a certain company for the second or third time and become less suspicious. However, as a typical homeowner building for the first time, I would advise being cautious with your trust.
By the way, this is an area where you can start your preparation early. Buy a few books on understanding building specifications, financing, and so on, and work through them. They cost around 20€ (about $22) each and definitely help you evaluate offers more effectively.
There are often reports from people who end up building with a certain company for the second or third time and become less suspicious. However, as a typical homeowner building for the first time, I would advise being cautious with your trust.
By the way, this is an area where you can start your preparation early. Buy a few books on understanding building specifications, financing, and so on, and work through them. They cost around 20€ (about $22) each and definitely help you evaluate offers more effectively.
WilderSueden schrieb:
It's better not to trust anyone too easily; that way, you avoid mistakes. 😉
There are always reports from people who build with a particular company for the second or third time and then feel less suspicious. However, as a first-time homeowner, I would be cautious about placing too much trust.
By the way, this is a point where you can already start your preparation. Buy a few books on understanding construction specifications, financing, etc., and work your way through them. They cost about 20€ (around $22) each and definitely help you better assess offers. Yes, I have also browsed through the advice section here and looked around a bit so far. Would that already be a good first point of reference?
criberg schrieb:
I haven’t been able to find the post suggested by 11ant yet; I’ve come across the recommendation a few times in other threads. Do you maybe have the thread title? What was it about?https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
11ant schrieb:
What was it about?I believe it was about the reference you made regarding property search, which I have come across but may not have found yet. I also think that links are no longer allowed. 🙂