ᐅ Buying a Completed New Build – Is the Warranty Still Valid?

Hello everyone,

I am looking to buy a newly built house that is fully completed.
It is move-in ready: floors, painting, kitchen, garden, and paving work are all included and finished.
The construction company builds many houses in our development area and has already completed numerous projects. The feedback I received from some homeowners I spoke with is positive.
Since everything is already finished, I cannot inspect many things anymore.
I would appreciate any tips or suggestions.
I just want to make sure I haven’t overlooked or neglected anything.
I do not have the purchase contract yet.
How does the warranty or defect liability work in a case like this?
Is the builder/seller allowed to exclude it?

Thanks in advance,
Stefan

Did he intentionally build it to sell? I find that hard to believe since he has to invest a lot upfront, and the risk that someone might not like the fittings could reduce potential buyers.
And then the expensive tax...
Who is listed in the land register?
Would you then be a "second owner"? 😉

What is the name of the building permit / planning permission?

ypg schrieb:
Did he intentionally build it to sell? I find that hard to believe since he has to advance a significant amount of money.

Minimizing downtime for his workers can partially compensate for this, although it is probably not very common.

ypg schrieb:
and the risk that someone might not like the features could reduce potential buyers.

In times of extreme demand for land, where building plots sell like hotcakes and require heavily reinforced L-shaped retaining walls for development, I don’t see this argument as very relevant in practice. The typical developer’s buyer is probably not much of an example of an individualist ;-)

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https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/

The house was originally intended for rental, and the materials used were chosen to be modern and neutral. However, the right tenant was not found, or not at the desired price. The BU has purchased many plots from the savings bank. In return, financing must be arranged through the savings bank if you want to own the house/plot. From what I have heard, the shell construction even begins before a buyer is found. In the current market, everything tends to sell anyway.

I would be cautious about linking with the savings bank. Have you already checked how the loan relevant for you from the savings bank compares to offers from other lenders? By committing to the savings bank, you are essentially creating a monopoly for yourself.

matte1987 schrieb:
I would be cautious about the tie-in with the Sparkasse. Have you checked how the loan relevant to you from the Sparkasse compares to competitors? By tying yourself to the Sparkasse, you are basically creating a monopoly for yourself.

Unfortunately, I don’t have a choice.
Both parties have agreed.
If I don’t finance through the Sparkasse, he will sell the house to the next buyer.
The Sparkasse’s interest rate is about 0.6% higher than the typical market rate.