Current

Despite the pandemic, real estate markets remain tight in many locations. Now there are initial signs that the situation on the real estate market is easing. This is according to a study on the development of residential real estate prices in Germany by Landesbank Baden-Württemberg. The bank considers the current slower rise in real estate prices to be a sign of easing. According to the study, this is also a consequence of the pandemic, which is now apparently having an impact on the real estate market after all.

Sudden unemployment or divorce – there are situations in which a property must be sold quickly so that it does not become a financial burden. If a solution cannot be found quickly in such emergencies, foreclosure may be imminent. This usually has a negative effect on the sale price. That is why we have provided this checklist to guide you through a distress sale.

older people have different requirements for their own four walls than younger people. Depending on their needs, there are different types of housing and options for living in old age. Each has its advantages. It is important to start thinking early on about how you would like to live later in life.

If a rented apartment is inherited, the tenancy agreement is also transferred to the heir or community of heirs. The heirs then become the landlords. Inheritance brings with it not only rights, but also obligations. But what do heirs need to bear in mind if they want to sell the apartment, continue to rent it out, or register it for their own use?

The red roof tiles are completely green with moss, the once white façade is crumbling, and the wallpaper is yellowed. In cases like this, many property owners are faced with the question of whether they should invest more money to get the property back into shape or sell it straight away. Will renovation result in a higher sale price?

We encounter the following situation time and time again: When Karl T. (name changed) sold his property after almost 50 years, he had a rough idea of its value. He knew exactly how much it had cost back then and had been following price developments over the last few years. So he offered it at what he considered to be a fair price. But he was perplexed when, despite high demand, no interested buyers came forward after weeks. The property is in good condition. Why doesn't anyone want to buy it?

Robotics is also advancing in Germany. This has implications for the real estate industry. Marketing methods for owners who want to sell their property are becoming increasingly modern and innovative. Houses and apartments can now be viewed through the high-resolution lens of a robot.

Special times call for special measures. This also applies to the highly strained housing and real estate market. Families with children have different requirements for suitable residential property than older people and single households. However, there are currently few affordable alternatives to the current housing situation. Exchanging your own property or apartment can provide a solution.

Many property owners want to continue living in their own homes as they get older. But when climbing stairs becomes increasingly difficult, many start thinking about barrier-free conversions. But when are the costs and effort involved worthwhile?

In most cases, people who sell their house or condominium use the capital they release to purchase a new residential property. However, the money from the sale is often not yet available to be used as equity for a new home. This means that the new property cannot yet be paid for. Interim financing provides a solution.

The COVID-19 pandemic turned Katja and Björn H.'s lives upside down. As for many, the changed circumstances brought financial problems. As a result, they were no longer able to pay their mortgage. They had no choice but to sell their house quickly. But how to go about it?

Today we are particularly proud: we welcome our new employee and are delighted to introduce him: Christopher Hennes, 26 years old, trained banker and born in Finnentrop-Bamenohl, will be supporting our team as a real estate consultant in the garciawohnen business division.