Hello everyone, today around midday my wife’s grandmother called and said we could go see a house tomorrow. An acquaintance is moving into a care home and is selling her house. Apparently, there are already a few interested parties, but the lady knew that we are also looking and wants to give us priority.
At the moment, we don’t have any photos or information about the construction year, asking price, or anything similar. I’m currently reading up on what to pay particular attention to during a house viewing. I won’t be able to get a professional inspector on short notice. I think we will definitely bring someone along later if we like the house. Long story short, what should I absolutely find out and what should I watch for? This is our very first house viewing.
Basic details: village (2,000 inhabitants) in the Lake Constance region – so, as you might expect, a very limited supply everywhere.
Thanks for any tips that even a layperson can check.
At the moment, we don’t have any photos or information about the construction year, asking price, or anything similar. I’m currently reading up on what to pay particular attention to during a house viewing. I won’t be able to get a professional inspector on short notice. I think we will definitely bring someone along later if we like the house. Long story short, what should I absolutely find out and what should I watch for? This is our very first house viewing.
Basic details: village (2,000 inhabitants) in the Lake Constance region – so, as you might expect, a very limited supply everywhere.
Thanks for any tips that even a layperson can check.
Ysop*** schrieb:
And I have to admit, I’m surprised that you’re only now calculating and checking what kind of loan you can get.
But it’s good to see you’re taking it in stride 🙂We contacted Dr. Klrin, and they said we could comfortably afford around 750,000 euros (about 805,000 USD). So far, we haven’t had a proper consultation appointment because we hadn’t received a response yet and thought they might have already promised or informally sold it to someone else.
driver55 schrieb:
After 3 months. That was quick. 😀
Year built / living area / plot size…?The listing will come out within the next 2 weeks. They’re taking everything nice and slow.
Here are some updates. Hopefully, someone is still following this and can share their opinion.
We received the property brochure. The lady said we wouldn’t get the appraisal report. Is that common? What questions would be important to ask now that she has the report?
Year built: 1978
Lot size: 882 sqm (9,495 sq ft)
Living area: 169 sqm (1,819 sq ft)
Floors: ground floor, basement, attic (not finished)
Gas heating
Purchase price: 620,000
Inventory: 20,000 (included in the purchase price)
The inventory includes the kitchen (built in 1978), an old office wall unit, garden tools, a sauna, and an old lady’s chair for the stairs. All things we would have thrown away anyway. I find that a bit annoying and somewhat cheeky.
Apparently, two other buyers have already dropped out because of the 20,000 inventory.
We would probably need to invest over 100,000 in the house. We are really doubting now. But opportunities are so rare. This is the best one in two years. We’re still hoping for a plot in the same village. However, it takes them a long time to announce the new development area. The plots are usually only about 500 sqm (5,382 sq ft). There are only three that are 700–800 sqm (7,535–8,611 sq ft), but we think we rank too low in the point system.
For the second viewing, we plan to bring a carpenter friend and a real estate agent friend.
We received the property brochure. The lady said we wouldn’t get the appraisal report. Is that common? What questions would be important to ask now that she has the report?
Year built: 1978
Lot size: 882 sqm (9,495 sq ft)
Living area: 169 sqm (1,819 sq ft)
Floors: ground floor, basement, attic (not finished)
Gas heating
Purchase price: 620,000
Inventory: 20,000 (included in the purchase price)
The inventory includes the kitchen (built in 1978), an old office wall unit, garden tools, a sauna, and an old lady’s chair for the stairs. All things we would have thrown away anyway. I find that a bit annoying and somewhat cheeky.
Apparently, two other buyers have already dropped out because of the 20,000 inventory.
We would probably need to invest over 100,000 in the house. We are really doubting now. But opportunities are so rare. This is the best one in two years. We’re still hoping for a plot in the same village. However, it takes them a long time to announce the new development area. The plots are usually only about 500 sqm (5,382 sq ft). There are only three that are 700–800 sqm (7,535–8,611 sq ft), but we think we rank too low in the point system.
For the second viewing, we plan to bring a carpenter friend and a real estate agent friend.
I wouldn’t share the appraisal if the value is below the asking purchase price.
There are three options. Either you want it, then buy it.
You don’t want it, then don’t buy it.
You want it at a different price: make an offer, set a deadline of one week, and then move on.
If the seller comes back after that, inform them that the offer has expired and you are no longer willing to pay that price.
There are three options. Either you want it, then buy it.
You don’t want it, then don’t buy it.
You want it at a different price: make an offer, set a deadline of one week, and then move on.
If the seller comes back after that, inform them that the offer has expired and you are no longer willing to pay that price.
Grashalm schrieb:
They are selling the kitchen as part of the inventory (built in 1978), an old home office wall unit, garden tools, a sauna, and one of those granny chairs for the stairs. All things we were going to throw away anyway. I find that quite annoying and somewhat cheeky.That’s cheeky! After 40 years, it’s worth nothing. But okay, you just dispose of it then.Joedreck schrieb:
You want it at the other price: make an offer, set a deadline of one week, and then consider the matter closed.
If the seller comes back afterwards, inform them that the offer has expired and you are no longer willing to pay that price. We were going to make an offer anyway. But the tip about setting a deadline is a good one, thanks.
Grashalm schrieb:
Plots are only about 500 sqm (5400 sq ft). There are only 3 that are 700-800 sqm (7500-8600 sq ft) And how much does the sqm (sq ft) cost?
Do you “need” 700-800 sqm (7500-8600 sq ft)?
That sounds like a huge house with potential, 169 sqm (1800 sq ft) living space, basement how many sqm (sq ft), the same amount?
And the attic can still be expanded.
Something similar, newly built on a plot of this size, easily runs into seven figures.
(Because here you end up at around €800,000 (about $880,000) — ready to move in.)