House construction

The dream of home ownership is as old as humanity itself Was it before the caves, it is now the neat rows or single house. Before, however, decides to build a house, you should consider what can because everything coming at you. The construction of a house with a lot of time, money and many more related legal requirements.

Money plays a big role in all situations, especially during construction. One may expect not only the cost of the house, but we must also reckon with the building, if you do not already have this. There are also notary costs, which are also not negligible. And one must take into account, in which area you want to build the house. City or country. Bavaria and Saxony-Anhalt. Between the individual land prices there are differences of 100 and more euros / m². For example, a house construction in Saxony-Anhalt costs a total of 180,000 euros.

In Bavaria, however you pay for the same house and plot the 2 to 4 times. The Tax Office also holds on his hand, the public utilities also want money, just as the building surveyor, environmental authorities, structural engineers, surveyors, and of course the workers. So you have to think about before, as one would finance the construction. In most cases this is done through a loan from the bank. However, you should already think of at the conclusion of the follow-on funding in order to save later for a more favorable interest rates. With the loan, there are different forms and you should seek various services at various institutions in order to be able to decide which one fits best. There are forward-loans, annuity loans, foreign currency loans, estate loans, etc.

The loan is only one element of the construction financing. It is necessary in any case a large portion of equity. Furthermore, there are savings plans that can be taken together with a building society loans. These loans have the advantage of a short-term eradication, as well as a generally somewhat lower interest rate. However, this is the smallest component of the financing. Insurance companies are in today's credit and financial services and also provide some construction financing to complete. In return, makes you look but depending on these assurances as to get the loan only if you insurance (household, automotive, legal, etc.), culminating with them. State funding - if this option exists - must be submitted on time, as they are not otherwise paid. This funding can not be trusted because they are very small, first and second, you might not be eligible for aid is.