Cost of living in Germany is relatively lower when compared to other European countries. However, even a tiny amount of money can make a big difference for students. And it’s… Read More »5 Cheapest Cities To Buy A Home In Germany
To keep track of their credit rating, everyone is entitled to a free copy of their Schufa report once a year. You can obtain this by submitting your information online at meineSchufa.de.
Knowing your eligibility is the first step of buying your house or apartment. Nothing would be more frustrating than looking over your budget and being denied the home loan, once it comes to that stage. With the eligibility calculator below you’ll get a first indication of what amount of loan a bank believes you are eligible for. There are many if’s and but’s to be considered here. Nonetheless a first indication is better than having no idea at all.
If you’re looking at buying a house in Germany, you should also consider buying a house on a leasehold basis.
A lot of people when they move to Germany come with the dream of owning their own apartment in the city. The most obvious thought that comes to mind while… Read More »Things to consider while buying an apartment in Germany
Why are real estate foreclosed? Auctions in real estate (Versteigerung) always come with mixed emotions. For bidders it’s a happy occasion of having acquired a property very cheaply and for… Read More »Real Estate Foreclosures
One of the factors which can help you reach a decision while buying property is special payments or lump-sum payments (Sondertilgung). Let’s dive into the details of the special repayments.… Read More »Understanding Lump Sum Payments or Special Repayments in Home Loan
Looking for a Home Loan in Germany ? Find out what banks look for while one is applying for a home loan & how I as an independent mortgage broker can help you
What do you think? Is it worthwhile to put the monthly rent rather into your own home? Does it make more sense to buy a property, build or rent something… Read More »Buying vs. renting a house in Germany
Owning your own home is at the top of almost everyone’s wish list – no matter whether he’s lived his whole life here, or whether he just moved here from abroad. The purchase of your own home is one of the most important decisions in your life.
A fundamental question is of the type of property. Should it be a charming old building with a historical touch? Or are you rather looking for a modern design and have the desire for a new building? Old building or new construction – both property types have their respective pros and cons.
