Many people dream of owning their own home, but the process of buying real estate often raises questions. From financing to choosing the right property to moving in, there are various factors in the purchase of a house that the buyer should carefully consider in advance. Read on for tips on finding your dream house for sale.
Renting a home is not an investment, and the price for accommodation will only increase over time--with zero return. By purchasing your own home, however, not only do you acquire residential property, but you also make a secure long-term investment. That being said, buying your dream house comes with high costs. Not only do you have to take into account the expenses for the purchase price, but also ancillary costs as well as permanent financial expenses, for example for the repayment of a real estate loan. However, home ownership is one of the few investments that yield attractive returns in the long term, despite rising prices. The low interest rates in Germany provide even more incentive for purchasing a home.
Whether you should buy an apartment or a house depends on various factors. A house requires higher acquisition costs, but offers more space. An apartment, on the other hand, is recommended if you want to live in a big city. Before you make any decisions, consider where you want to live and how much space you need. Your financial situation should also be factored in. You could compromise by buying a small house. And, depending on the location, there are also inexpensive detached houses in the big city, although they may be farther to the outskirts. If you're willing to invest a lot of money, you could have both the space and the prime location by buying a penthouse. So it may well be possible that you are able to buy a cheap single-family home in Berlin.
Equipped with our extensive know-how, we are at your side throughout the entire process of buying a home. Whether you would like to buy a house in Berlin, or you're interested in an apartment in the city centre, or you are planning to buy a condomonium in Berlin--we are there to support you every step of the way. Our experts come with more than 35 years of experience with the real estate market of Germany's capital. We will provide you with information about financing options, support you in making your choice, and are your contacts for contract negotiations to make your dream house become a reality.
Regardless of whether you are buying a house to let or need it for your own use, you will need equity to put down on the property. The more of your own funds you pay towards a home, the better the loan terms you can negotiate for a mortgage.
In order plan your property financing, it's important to draw up an exact list of all your expenses. This will give you an insight into your financial situation, and allow you to calculate exactly how much you can afford to pay every month on a mortgage.
You will find numerous properties on our website, including houses in Berlin and the surrounding area. Even if you want to buy a house in Potsdam, you will find offers for various attractive residential homes with us. Other locations we offer properties in include Leipzig, Chemnitz and Frankfurt (Oder).
Once you have made your choice, you may arrange a viewing appointment with us. This will allow you to get a better idea of the property and the surrounding neighbourhood.
If you are interested in the property, you can make a reservation agreement with us directly. This important step assures you that we will not offer the property to any other interested parties in a mutually agreed period.
The purchase contract is signed by the notary. To do this, he needs information about the property in addition to your personal data. Before the appointment with the notary you will receive the contract so that you can read it through carefully.
Once you have signed the contract and the financing has been finalized, it's time to move into your new home. To do this, make an appointment with the seller to hand over the keys.
Once you have acquired your dream home, the question arises as to how you would like to furnish it. Here, too, we are happy to support you and advise you on the right home furnishings.
Once you have purchased your property, there is also the option, in addition to your own use, of reselling the property for a profit or renting it out. Our experts provide detailed information about your options after buying a house.