Hello
Last year, we signed a contract with a prefabricated house company (H....o). Building permit / land survey were all completed, but unfortunately in spring we were informed that the company went bankrupt, and there will be no investor. So, the €12,000 (approx. $12,000) deposit is lost for now...
The consultant, who no longer works at that company either (the company was dissolved), has now offered us to continue with Bärenhaus. This means the plan can be retained and construction would continue directly. Additional costs of €6,000 (approx. $6,000) apply because prices in 2015 are different from 2014... which is reasonable, plus of course the €12,000 (approx. $12,000) deposit loss that we won’t get back.
The production facility and subcontractors are also the same, so no differences in quality. We wouldn’t have to pay any advance payments; payment would be made only after completion of milestones – which is very important to us now.
We are very afraid of getting burned again. Is there anything else we should consider? I assume looking for a completely different company now would be even more expensive.
Last year, we signed a contract with a prefabricated house company (H....o). Building permit / land survey were all completed, but unfortunately in spring we were informed that the company went bankrupt, and there will be no investor. So, the €12,000 (approx. $12,000) deposit is lost for now...
The consultant, who no longer works at that company either (the company was dissolved), has now offered us to continue with Bärenhaus. This means the plan can be retained and construction would continue directly. Additional costs of €6,000 (approx. $6,000) apply because prices in 2015 are different from 2014... which is reasonable, plus of course the €12,000 (approx. $12,000) deposit loss that we won’t get back.
The production facility and subcontractors are also the same, so no differences in quality. We wouldn’t have to pay any advance payments; payment would be made only after completion of milestones – which is very important to us now.
We are very afraid of getting burned again. Is there anything else we should consider? I assume looking for a completely different company now would be even more expensive.
If by ".anl." you mean that – to my knowledge, the successor/takeover company wants to serve all homeowners, or is that not the case at your stage? It might also be that the former consultant now wants to quickly secure his own interests... Have you already received a statement from your former contractor or the successor company regarding this?
B
Bieber081526 Aug 2015 06:50Pompeya schrieb:
Is there anything else that should be considered?Even though the chances of success are slim, I would send a letter to the insolvency administrator to claim the 12,000 euros. How to phrase this correctly can surely be found somewhere (online, consumer advice center, etc.).Regarding the construction topic: Insist on a performance bond if possible!
H
HilfeHilfe26 Aug 2015 09:00Have you checked the second provider carefully? Don’t want them to fail as well...
T
toxicmolotof26 Aug 2015 10:00Get a construction law attorney involved and be prepared to spend around 500 euros (about 530 USD). It’s better to do this yesterday than this afternoon. Bring all the documents with you and make sure that the old case is resolved first before ending up owning two houses.
B
Bauexperte26 Aug 2015 10:10Hello,
I just came across your post and hope you haven't committed to another obligation yet...?
I understand that your heart is racing at the prospect of still being able to build a house. BUT, on the one hand, your emotional involvement makes you easy prey for less scrupulous salespeople, and on the other hand, you must first ensure that you can cleanly exit the first contract!
Find a lawyer you trust and give them your case!
Edit: according to the economic paper from the end of May this year, Matthias Calice took over Hanlo among others and founded a prefab house company called Gampen. This also means you are still bound to your first contract!
Best regards, Bauexperte
I just came across your post and hope you haven't committed to another obligation yet...?
Pompeya schrieb:You should not simply sign a new contract without properly terminating the previous one! It is also by no means certain that the deposit from the first contract is completely lost; here a conversation with the insolvency administrator helps, or registering your claims.
Hello
Last year we signed a contract with a prefabricated house company (H....o), building permit / surveying were all completed, but unfortunately in spring we received news that the company went bankrupt, and there will be no investor. So the 12,000€ deposit is unfortunately lost for now...
The consultant, who no longer works for that company either (the company has been dissolved), has now offered us to continue with Bärenhaus, meaning the plan can stay the same and construction would continue directly. Additional costs 6,000€ because prices in 2015 differ from 2014... which would be acceptable + of course the 12,000€ deposit loss, which you usually never get back.
The production site and subcontractors are the same, so no quality differences. We would not have to pay in advance; payment only after performance – which was very important to us now.
I understand that your heart is racing at the prospect of still being able to build a house. BUT, on the one hand, your emotional involvement makes you easy prey for less scrupulous salespeople, and on the other hand, you must first ensure that you can cleanly exit the first contract!
Find a lawyer you trust and give them your case!
Edit: according to the economic paper from the end of May this year, Matthias Calice took over Hanlo among others and founded a prefab house company called Gampen. This also means you are still bound to your first contract!
Best regards, Bauexperte