Mortgage Bank | Lukinski

Mortgage Bank, Pfandbriefe & Real Estate Loans

Laura — Fri, 20 Dec 2019 12:00:37 +0000

Hypothekenbank is an obsolete name for a Pfandbrief bank since 2005. In purely legal terms, mortgage banks are Pfandbrief banks, but some mortgage banks were allowed to keep their name. Pfandbrief banks are credit institutions whose banking business is to acquire mortgages, pool these mortgage Pfandbriefe and place them on the capital market. They are licensed to trade in Pfandbriefe by the Pfandbrief Banks Act. The money received through the sale of the interest-bearing and covered bonds in the form of Pfandbriefe is lent by the Pfandbrief banks in the form of real estate loans, loans to states, federal states and municipalities as well as for ship and aircraft financing. More on Lukinski real estate. Compared to other financial investments, Pfandbriefe are safe. In the event of insolvency, the Pfandbrief holders’ claims take precedence over those of all other creditors, but of course the chances of winning are not high if the security is high. In Germany, almost every bank now offers services in the field of Pfandbriefe and mortgage bonds.

Mortgage Bank at a glance

Hypothekenbank – obsolete name for Pfandbriefbank
Pfandbrief – secured and interest-bearing promissory note
Business: purchase, aggregation and sale of mortgages and granting of loans
Many German banks offer services in the area

Back to the wiki: Real Estate

Hobby cellar: Ideas, Renting, Furnishing, Living & Party cellar

Laura — Fri, 13 Dec 2019 12:00:27 +0000

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 obvious to take a cellar room from your own house and to renovate it. Afterwards, of course, you can design and furnish it according to your ideas.

Hobby cellar at a glance

Officially, the hobby cellar is considered a living space or living area. Whether the hobby cellar then becomes a model cellar or a party cellar, depends entirely on their own wishes. From anglers to hobbyists and party friends – a hobby cellar is a great room to pursue his passion. In English, a hobby cellar is called: “basement hobby room”, “basement play room” or “basement workshop”.

Renting or buying extra is expensive
Space for hobby & ideas
Hobby cellar is living space
Model making, fishing, fitness or party cellar
English – “basement hobby room”, “basement play room” or “basement workshop”.

Hobby Basement: English

In English, the hobby cellar is called: “Hobby Cellar”.

Back to the wiki: Real Estate

Interior fittings – drywall, screed & plasterer

Laura — Tue, 19 Nov 2019 12:00:56 +0000

Interior work – Interior work includes work such as drywall, painting and electrical installations. There is a lot of different work that needs to be done before a house or apartment can be sold or rented. More: renting guide. While the shell of the house is finished, the interior work is just getting started. Many different jobs still need to be done to make a house habitable by our standards. Craftsmen from different areas will visit the construction site one by one, have to be instructed and their work has to be controlled. Due to this extent, the interior work is one of the most important elements in the overall calculation.

Interior fittings at a glance

Wall panelling ,Drywall
Heating and sanitary works , air conditioning and ventilation
Staircase construction, locksmith and tinsmith work
Tiles, screed, top floor, natural stone work
Painting and varnishing work, interior plastering
Plasterer’s work
Furniture and carpentry work, interior doors
Electrical installations

Back to the wiki: Real Estate