Road to home ownership Archives

Apartment progress: 15%

Last Updated on September 23, 2020 by Mr. FightToFIRE

A couple of weeks have passed and the construction is making good progress. The foundation and base plate is placed. How do I know? As the project progress, I receive invoices for said construction. Last week Friday I received the invoice for the finalization of the foundation works.

Startling Extra Costs To Get A Better Turnkey Apartment

Last Updated on March 30, 2021 by Mr. FightToFIRE

While we are crawling closer to the delivery date of our baby girl (27 May), there is another delivery that is causing more headaches: my heavily delayed turnkey apartment.
Progress is being made of course, but at the current speed, I shouldn’t expect a delivery sooner than March 2022. Given these delays, I was startled when I recently received a mail about the fit and finish of my delayed turnkey apartment. My shock continued when I saw the standard finish and how much they charge for extras.

Apartment progress: 30%; finally above ground!

Last Updated on April 3, 2021 by Mr. FightToFIRE

Delays are normal in life. A train that’s delayed because the machinist overslept, bad weather causing you to get stuck in traffic and arrive late at work.
A lot of them are due to circumstance and you can’t do much about them. However, my apartment that only now has reached ground level clearly didn’t just have delays due to Force Majeure from Corona.

Apartment progress: 50%; rough construction finally finished!

Last Updated on October 27, 2021 by Mr. FightToFIRE

An update was long overdue, but until mid-August not much had really changed as they were still busy with rough construction. Because they continued working during the yearly Belgian construction leave, the construction company finished rough construction on the heavily delayed schedule.

Is prinicpal payment a saving or expense?

One major item is never present in every monthly savings rate report: my mortgage principal payment. Omitting this one item makes the difference between having 50% or 30%. So, am I cheating by leaving it out? Today I want to go over the details of my mortgage payment and give a clear answer to this question.