ᐅ Sign now or wait? Concerns about construction halts and material shortages
Created on: 31 May 2021 08:55
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Thomas88
Hello dear homebuilding enthusiasts,
we are approaching the signing of the contract for our solid (masonry) house. However, we are concerned about the shortage of raw materials and worried that our construction might come to a halt. The planned start of construction is not until August 2022. Given the current situation, would you sign a contract now or rather wait one to two years until the situation possibly improves?
Best regards,
Thomas88
we are approaching the signing of the contract for our solid (masonry) house. However, we are concerned about the shortage of raw materials and worried that our construction might come to a halt. The planned start of construction is not until August 2022. Given the current situation, would you sign a contract now or rather wait one to two years until the situation possibly improves?
Best regards,
Thomas88
Thomas88 schrieb:
We are quite close to signing the contract for our solid construction house. Thomas88 schrieb:
I have three quotes. Two of them provide very general descriptions. Wow, quite a lot has happened in the eighteen minutes between those posts 🙂
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
As they say in my old hometown (though not grammatically perfect): a lot can happen before then (August 2022). If you want to build and the timing works for you now, then sign the contract. The notes about price guarantees have already been mentioned here, but if you wait another year to sign, it certainly won’t be any cheaper than a price agreed upon today and adjusted accordingly.
HausiKlausi31 May 2021 22:20When I was still employed, my boss used to say, "Waiting costs money!" This is not specific advice regarding your contract, but it is a good principle to keep in mind. Looking at the past 10 years alone, this statement has proven completely true, especially in the real estate and construction sector. Of course, everything should be documented properly to limit the cost risk. But don’t believe that from 2022 onwards the situation will relax enough to make waiting worthwhile!
H
Hausbauer20211 Jun 2021 07:09berny schrieb:
You can’t sign up to wait. Wow, very accurately put 😀
Apparently, someone here is worried about their materials for their own build 😀
Hausbauer2021 schrieb:
Wow, very well put 😀
Apparently, someone here is concerned about their building materials for their own construction 😀 No, he just needs to place the missing comma wherever he prefers 😉