ᐅ Contracts Signed – Doubts Within the Cooling-Off Period
Created on: 28 Mar 2018 06:48
S
Stagenberger
I signed the contract with the bank and the developer last week and was initially optimistic.
But now I have some doubts about the developer. The reasons are:
1. Several negative reviews online (though almost as many positive ones as well), which I only discovered after signing the contract; if I had seen them beforehand, I might not have signed.
2. I don’t personally know anyone who has built with this company. However, most people say the company has a good reputation and that they are not aware of any negative experiences.
3. The originally very low-priced offer was somewhat optimistically estimated, as my architect friend pointed out (this is also one of the criticisms mentioned online). With additional corrections costing around 20,000 (about 22,000) it is now roughly at the same price level as the competition.
4. The bank representative almost let slip shortly before signing that there could possibly be problems with the loan-to-value ratio “due to the value of the house” (which ultimately did not occur).
5. I reviewed the offer from my second favorite developer and found that it actually offers slightly better services for almost the same price.
Why I originally chose this developer:
Good advice beforehand, detailed costs, they were the only ones to visit the plot, and I had a good feeling.
What would you do in my situation?
a) Have the contract reviewed again by other experts (second architect, second lawyer)?
b) ["Radical solution"] Withdraw from the contract and go with my second choice (a different developer, almost the same price)?
c) Build with the architect, which might be more expensive and would significantly delay the process since he currently has several large projects underway?
d) ?
But now I have some doubts about the developer. The reasons are:
1. Several negative reviews online (though almost as many positive ones as well), which I only discovered after signing the contract; if I had seen them beforehand, I might not have signed.
2. I don’t personally know anyone who has built with this company. However, most people say the company has a good reputation and that they are not aware of any negative experiences.
3. The originally very low-priced offer was somewhat optimistically estimated, as my architect friend pointed out (this is also one of the criticisms mentioned online). With additional corrections costing around 20,000 (about 22,000) it is now roughly at the same price level as the competition.
4. The bank representative almost let slip shortly before signing that there could possibly be problems with the loan-to-value ratio “due to the value of the house” (which ultimately did not occur).
5. I reviewed the offer from my second favorite developer and found that it actually offers slightly better services for almost the same price.
Why I originally chose this developer:
Good advice beforehand, detailed costs, they were the only ones to visit the plot, and I had a good feeling.
What would you do in my situation?
a) Have the contract reviewed again by other experts (second architect, second lawyer)?
b) ["Radical solution"] Withdraw from the contract and go with my second choice (a different developer, almost the same price)?
c) Build with the architect, which might be more expensive and would significantly delay the process since he currently has several large projects underway?
d) ?
Nordlys schrieb:
I just asked the cat about it. So, she does like the cheaper one from Penny; it tastes very much like Whiskas, but she prefers the packaging of the original.The appearance is important, after all.
And there’s also the good feeling of being a premium kitty.
Stagenberger schrieb:
Soso...jetzt geht es nur noch um Autos This is a common phenomenon in forums. The regular cast of any Muppets show eventually know each other well enough to interact in a way that regularly leads to detours into off-topic areas. This is almost unavoidable – ironically, the same applies to unexpectedly returning to the main topic.
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/