Loan – By definition, a loan is a debt contract in which the lender provides the borrower with money or an item of property temporarily and the borrower then repays the value provided plus the agreed loan interest. Our home financing covers all options. Compared to a loan, a loan usually involves a larger volume […]
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Joint ventures and real estate sales? In the case of a joint venture, several persons are jointly entitled to rights. That means, they all have co-ownership after jointly investing in real estate. Typical examples of joint ventures are the classic single-family home or the shared condominium. This means that each person has a notional share […]
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Mortgage interest – The term mortgage interest is replaced today by the term construction interest. More on financing: mortgage rates. The construction interest rates, or mortgage interest rates decide whether a construction financing is cheap or expensive. Due to the current historically low construction interest rates, you can finance your property very favorably and secure […]
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Condominium – A condominium is a residential unit in a two- or multi-party building. This can be purchased either through a real estate agent, usually from a housing company, or privately and commission-free through acquaintances. The buyer is also allowed to rent out the property if he has not already bought it rented, which is […]
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Firewood & Fireplace Wood Storage – Larger quantities of firewood, are often stored on properties, either for heating or for your own fireplace. The garden or a barn are readily used for storage. Larger quantities of firewood, once stored on a property, must be stored in a fire protected location. This measure is regularly checked […]
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Power connection – A power connection refers to a power connection of at least 400 volts. This is usually found in a kitchen or garage and is used to connect appliances with a high current load, such as an oven, stove or sauna. Heavy current is actually called three-phase alternating current because of the three […]
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Prefabricated Home – A prefabricated home is a less expensive and much faster alternative to home construction. It sometimes takes only 8 weeks until a turnkey house is built. Because all parts are already produced, the construction time is reduced enormously, which, however, also limits creativity and individuality to some extent. In case you insist […]
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With an energy performance certificate, one possesses a document that evaluates a building’s energy efficiency. It not only belongs to the most important documents and papers when selling real estate, the issuance and use of an energy performance certificate is also regulated in the Energy Saving Ordinance. But exactly when is such a certificate needed […]
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New housing is predominantly built in larger cities and in structurally strong regions. In the countryside and away from the large cities, the construction boom in terms of new-build apartments is much lower. Newly built flats can be offered for rent or for sale. They vary in size, amenities and location. New-build apartments are very […]
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Rental agreement – The rental agreement is a written contract prepared by the broker for the tenant and landlord. More on Lukinski. This contract must form the basis of any tenancy in order for the relationship to stand up legally for both parties. The lease contains the obligation of the landlord to grant the tenant […]
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Renovating old buildings – Old buildings are very popular because of their unique structure. Large rooms with high windows and old wooden doors, which may creak a little when opening and closing, represent a traditional way of life. Many of the buildings are more than one hundred years old. A renovation can give the apartments […]
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