Finance ABC 14th sequence over the additional costs as part of the pricing
The additional costs depend on the area you live (tax between 3,5-6,5%), how complex the land registration book/real estate object is (notary/land registration cost, normally around 1,75%), new or used object/object with or without real estate object. The amount of the total costs result in the "value" of your equity: You do not cover it, you cover it, you cover it with a surplus - this results in the loan value (=Beleigungswert), meaning which percentage of the total value will be financed with credit, triggering mainly your condition.
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Would you like to rent out an appartment and live for rent by yourself or would you like to live in your own appartment.
Fabienne finds Finance made an interview over this topic. Just listen into it.
Should you have any further questions, please feel...
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Doesn't it sound funny: The interests have been increased and the total tenor becomes shorter? I tried to explain this in today's podcast. Just listen to it.
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It is amazing, also for me. How can it be that projects are manageable for months ago and not anymore? Please look into the podcast a couple of arguments about the impact of increasing interest.
If you have further questions or would like to discuss...
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This question is coming up very often before the first real estate object with the benefit of using tax advantages of the rental process. It also comes up in very expensive areas like Munich, where an own used appartment is not affordable, so people take...
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