Buying Commercial Property – Are you looking to buy a retail business, medical practice, law office space, industrial property or entire technology parks? Avoid bad investments and make the right decisions, right from the start. Buying commercial real estate is an investment for start-ups and business owners. The company grows in the new property. Location […]
Buying a House in Germany – What are the details to look out for in your ‘Kaufvertrag’ when buying a house or property in Germany? Buying a house is complicated anywhere, especially when considering the contract, but coming from abroad, it’s even more important to know how to go about your purchasing contract. When you […]
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 […]
A mortgage is an interest-bearing loan on a property. The definition of a mortgage simply explained is that you take out a new loan or pay off an old one and pledge your property as collateral. This means that your property belongs to your lender and if you default, the lender can sell your property […]
Hobby cellar – The well-known hobby cellar is a cellar room, which is made for the respective hobby. To rent or buy a hobby cellar extra is not worthwhile in most cases, since the simultaneous maintenance of 2 apartments or real estate is possible for the fewest people. More: landlord tips. However, it is more […]
Notary’s confirmation – The notary’s confirmation is a written confirmation from the notary to the bank that the land charge will be entered in the correct order of priority and that no other applications stand in the way of this. The confirmation plays a significant role in the execution of real estate contracts, as it […]
The valuation factors of a property refer to any objectively measurable or appraised characteristic that demonstrably increases or decreases the market value according to § 194 of the Building Code. Unlike the purchase price, which is determined by supply and demand, valuation factors are the analytical basis of every professional valuation — whether using the […]