When you buy a house, there are additional costs. Among them transfer tax. In addition to mortgage taxes, property taxes, realtor fees, you should be informed about the real estate transfer tax, also called, deed tax or property transfer tax. In short, these taxes require you to pay the IRS a certain amount when you […]
Buying and renting: Investing in housing – new construction (as in the visualised cover picture [example property Berlin]) or direct purchase of a property. Many people opt for owner-occupation, but wouldn’t renting be a much smarter alternative (keyword 1: old-age provision; keyword 2: tenant pays redemption)? In this article I summarize some of the experiences […]
Construction Loans – KfW loans are an important and cost-saving component of construction financing in Germany. As a private real estate buyer you can profit from these subsidized loans and decide on an optimal supplementary component of your construction financing. An exclusive promotion over a KfW loan is impossible, since the Kreditanstalt für Wiederaufbau only […]
Buying, selling in new development areas – apartments in old buildings are hardly available, so that the focus of buyers is increasingly directed towards new development areas. If you want to sell an apartment or an entire unit in a new building or offer a terraced house, you should proceed with the greatest competence and […]
Buying land – Many people who are interested in buying land intend to build a house on that land. However, this is only possible if the land is designated as building land or if it is so-called building maintenance land. This designation applies to land that will be designated as building land by the city […]
Real estate as capital investment – Whether in or multi-family house, apartment or warehouse, student apartment or nursing home: The offers for capital investment in the real estate market are manifold. Who would like to invest its money in real estate, the correct object for its investment goals should find. Classic or exotic: Which property […]
Buying an Apartment – The decision to buy an apartment is made by most buyers for two reasons. The first reason may be that the buyer wants to use the apartment to live in it themselves. Other buyers are looking for an investment that will yield a good return in the medium- or long-term. Decisions […]
The dream of owning your own home, living independently within your own four walls, being able to design everything yourself and furnish it according to your individual wishes. But with these desire conceptions it is not done still for a long time, because to a house buying belongs much more. To the goal of being […]
Buy an apartment building- Your idea has manifested itself and your dream of a house becomes reality. You have already looked at some properties, compared prices and set your budget for buying a house. Before you go into closer negotiations with sellers or reserve a property, you should plan the house financing and determine your […]
Checking creditworthiness – One of the most important tasks before every rental is to check the creditworthiness of prospective tenants. As an owner, you naturally want to be sure that there will be no loss of rent in the future and no resulting economic losses for you. If you use a real estate agent, you […]
Selling a house – Single-family houses are characterized by the fact that they are inhabited only by a family, a couple or a person living alone. They have a garden, which is also owned by the owner. Not all single-family houses are inhabited by their owners. There is also the possibility to rent a family […]
