Own funds when buying real estate – Whether you are an investor or a owner-occupier, the bank will ask for a certain percentage of own funds with every real estate purchase. How much own funds do you need? This depends both on your investment strategy and your solvency. Let’s now take a look at the […]
LTV – When buying a property with a loan, the bank specifies a certain limit up to which it may grant loans. The lending value included in it protects the bank in the event that the borrower can no longer meet his payment obligations and the property must be sold or, if necessary, foreclosed. The […]
Distance area – The distance area is the area that must be kept free from the border of the neighbouring property. The area to be kept clear is not only intended to ensure the best possible fire protection, but also that the neighbour’s property is not visually restricted. The minimum distance to be maintained from […]
Partition measurement – Partition measurement plays an important role in the division of a plot of land. If the partial area of a property is to be sold and given its own sheet in the land register, a partition survey must be carried out, which records the new property boundaries in the real estate cadastre. […]
Malicious concealment – In the case of malicious concealment, the seller or broker is accused, among other things, of concealing defects in the property. Our guide: sell your property. If the seller or broker has a duty of disclosure but attempts to conceal the defects known to him, the accusation of fraudulent concealment is in […]
KfW – KfW is the abbreviation for Kreditanstalt für Wiederaufbau. Explore Lukinski.com. KfW is a public law institution and the largest national promotional bank. Its goal is to improve the social, economic and ecological conditions in Germany. KfW at a glance: Improving domestic conditions Abbreviation for Kreditanstalt für Wiederaufbau (Reconstruction Loan Corporation) Institution under public […]
The topic of energy saving and environmental friendliness is moving more and more into the foreground. However, this is not only the case in everyday life, but also when it comes to houses and, above all, house building. Whether solar energy on your own roof or heating in the form of a fireplace. What makes […]
