Self-disclosure explained: financing at the bank for house & apartment

Self-disclosure for the bank – You want to buy a property and this is to be financed by a German bank? Whether Sparkasse, Volksbank, private banks, Postbank, Deutsche Bank or Commerzbank, banks want creditworthiness (risk minimization) and proof of it. This proof is called self-disclosure. Here you present your assets and your monthly income. In […]

Limited Partnership: Real Estate, Forming, Advantages / Disadvantages & Taxes

Limited Partnership Real Estate – With a limited partnership in real estate you can avoid personal liability. With a general partner who will usually take up most of the responsibilites and investors only contributing their capital, this is a very favoured form of real estate investment company. What is a RELP? How are limited partnerships […]

LLC: Real Estate, Forming, Advantages / Disadvantages & Taxes

Real Estate LLC – As a real estate investor, real estate LLCs can have many advantages. They also carry risks. To understand benefits and disadvantages we give you a simple overview, including all steps and explain the full process of forming an LLC. Want to set up a real estate LLC for investing? Everything from […]

Realtor commission for private purchase: New law (Germany) – seller pays 50%+ of the fee

Many things are extremely regulated in Germany, it was different until now with the realtor commission. Who has to bear the cost of the realtor, was in most cases clear, the buyer of a property. In the new year changes a lot, because for the first time, the distribution of the realtor commission between buyer […]

Construction financing: comparison, components, ancillary costs

Construction financing – A construction financing differs from the classic consumer loan by the more favorable interest rates and the longer term. In financing, the property serves as collateral. The debt is entered in the land register. If the installments can not be serviced on time, the bank has the right to cancel the real […]

Mortgage Interest – Explained Easily, Worldwide Comparison + More

Mortgage Interest – What is mortgage interest? Does USA have high mortgage interest rates? What are the current mortgage ratesMortgage and mortgage interest are complicated topics, but this easy guide will explain everything you need to know. A word most people hate to hear. Financing your home, saving money on financing your home is difficult. […]

Real Estate Taxes Germany – How To Save Money on Property Investment

Germany – Buying real estate in Germany requires an understanding of its tax system. Here we give a detailed, simple guide for people not from Germany looking to buy property, rent property, or invest in real estate in Germany. The German system is quite different from those found in US states. If you’re looking to […]

New York Property Taxes – Buying Real Estate Explained, List of Counties

USA – How to for New York property taxes. We explain everything you need to know about New York and New York City property taxes. What is New York City’s proeprty tax? From tax rates, mills and millage rates, this easy to understand guide will explain everything about the most important facts about property tax. It’s […]

California Property Taxes – Real Estate Taxes Explained, List of Counties

California Real Estate – Investing in Californian real estate means understanding its taxation. For good investments in property in L.A., San Francisco, or San Diego, you must plan ahead and understand property taxes in the California’s counties. Buying a house in Los Angeles County means different tax structures than in Orange County. In this article […]

Mortgage Tax – Everything to know Explained, Tips, How-to, More

USA – There are a few important taxes to be aware of before purchasing a home. Also called mortgage registry tax, mortgage recording tax, or documentary stamp tax,  this tax is one of these sneaky fees. A realtor is often charged with taking these taxes into consideration, yet it is vital that every homebuyer is […]

Real Estate Tax Deductions – How-to Save Money, Easy Explanation + Guide

Saving on Taxes – You can make money, by choosing some of the infinite ways to save on your taxes. Here, an easy how-to guide for reducing the amount you pay on your real estate or property. From tax credits to deductions, and capital gains. Below you have an easy overview of what goes into […]