Daily Archives: January 9, 2020

The notary is neutral and not committed to either party. He establishes the identity of those involved and also draws up the sales contract. He will ensure that you and the other party recognize and understand the meaning and consequences of all elements of the agreement. That is why the notary reads the contract to you in full and answers all questions that arise. Then you and the seller sign the contract. You can make a visit to https://meridianidhouses.com/ now.

The real estate transfer tax

The real estate transfer tax is a state tax, the rate of which varies between 3.5 and 6.5 percent depending on the state. Your starting value is always the purchase amount recorded in the purchase contract.

The following applies to your calculation: The house on the property also belongs to the property. Therefore, the real estate transfer tax for existing properties is levied on the purchase price for the property and house, including the inseparably connected inventory parts.

Expert tip: You may be able to lower the real estate transfer tax on existing properties. To do this, transfer part of the inventory to a separate purchase contract. So if you take over the fitted kitchen, a sauna or a garden house from the seller, you should show these items separately in the notary contract. Because the tax office calculates the real estate transfer tax solely from the purchase price of the property.

The land register entry

The land register is a public register

Buying a property requires long-term thinking. Prepare a budget for the next few years that takes appropriate account of the calculated interest rate, amortization and maintenance or incidental costs. For operating costs and maintaining the value of the property, you should expect annual costs of around one percent of the property value. You can easily do this with the determine mortgage calculator. You can visit https://cristalcellar.com/ for the best deal.

In view of the low-interest rate level that has been weighing on the investor market for several years, more and more investors are looking for investment opportunities that promise attractive returns with manageable risk. Buying property is one of the more popular options here, but of course, there are a number of things that need to be taken into account here so as not to make a bad investment. For example, the question arises as to which form of investment is the right one when buying property, or which criteria should be decisive when choosing the property. You can find answers to these and other questions below with these real estate investment tips:

The right form of investment when buying property

If you are thinking about buying a property as an investment, you should, first of all, make clear what types of investment there are when buying property. The classic variant is, of course, the purchase of a single object, which you then manage and rent on your own. There are two other options available to you: closed and open