-
Buying a property on leasehold (Erbpacht)
If you’re looking at buying a house in Germany, you should also consider buying a house on a leasehold basis.
-
Things to consider while buying an apartment in Germany
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 a person decides to invest in real estate is, how am I going to arrange for the finances? We’ve tried to cover things that people…
-
Real Estate Foreclosures
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 the previous owners, it shatters a dream since foreclosure auctions happen only if the owner has defaulted. Usually, it’s the high debt of the owner…
-
Understanding Lump Sum Payments or Special Repayments in Home Loan
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. Let’s try and answer some very important questions like do the banks offer this service for free or do you have to pay for it?…
-
What banks look for while one is applying for a 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
-
Buying vs. renting a house in Germany
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 comparable? And if buying or building, how much house can you afford? I get many of these or similar questions at present, particularly because the…
-
Buy an Old house or do I buy a new house
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…
-
8 Steps to buying a House in Germany
Buying a house or an apartment can be daunting – even if you are born and brought up here in Germany. In this post, I’ll break down the buying procedure into 8 simple steps. Obviously there are many nuances and case-by-case basis, but the general process stays the same. Step 1: How much do I…
-
How to get the Schufa Report free of charge?
Sometimes it’s not easy to keep an eye on your personal finances. Especially if you are starting new in Germany or you just landed here. You will have multiple contracts, at least one current account, a credit card, perhaps a loan, an account at Amazon, your utility bills etc. When you signed these contracts, you…
