Skip to content

Do you have any questions? Give us a call!

0 27 22 - 93 720
Contact Contact

Financing

Selling real estate?

Selling is not always the only way out of financial difficulties

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

We show you what options you have if you can no longer afford your financing

Financing

Selling real estate?

Selling is not always the only way out of financial difficulties

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

We show you what options you have if you can no longer afford your financing

Sell and stay where you live – it's possible!

Garcia & Co. Immobilien

Find property Your personal consultation

Is selling your property the right—and only—option?

Owning a home is a lifelong dream for many people. However, this dream also comes with costs: the mortgage must be paid off and renovations and repairs are regularly required. Many owners no longer want to bear this responsibility in their old age. Other life events, such as divorce, also present owners with challenges regarding what to do with a property that can no longer be maintained for financial reasons. But is selling the property the only option in such a situation?

Anyone who buys a property is entering into a long-term financial commitment. Not only does the mortgage have to be paid off, but experts also recommend setting aside a reserve for maintenance. However, certain circumstances can make it impossible to keep up with loan payments, savings, and ongoing costs: divorce, career changes, or unemployment—people in these situations often need to sell their property quickly. This often costs the owner a lot of money because the property is sold below its value, not to mention the fact that they would prefer to stay in their beloved home. Older property owners also face the question of whether their house or apartment is suitable for their old age and what should happen to it. Here we show you what options you have.

What should I do if I can no longer afford or no longer wish to continue financing?

Unpredictable changes in life can lead to financial hardship. Especially after a divorce or job loss, it is often the case that property owners can no longer afford to pay off their current loans. This does not necessarily mean that the dream of home ownership is over. Some real estate agents offer the option of a property swap. In this case, two property owners are brought together. So if you are having problems financing your large house, you can swap it for a smaller property that is cheaper to finance. This is also a good solution for older property owners who want to sell their property first and then take their time to find a new home.

For older property owners, property retirement is also an interesting alternative that allows them to continue living in their property while supplementing their pension. This is because you sell your home but retain the right to live there.

Real estate retirement: Rent-free living

If you want to increase your liquidity in the short term by selling real estate but still want to keep a roof over your head, a reverse mortgage offers the solution. With a reverse mortgage, owners can sell their property and still continue to live in it. To do this, they have a right of residence entered in the land register. There are two models for this: The right of residence can be valid for life, as in the case of a life annuity. Or it can be limited in time, as in the case of a temporary annuity. This is also an interesting model for capital investors.

The purchase price for the property can be agreed relatively freely. It can be paid as a monthly "annuity," as a one-time payment, or as a combination of both. Those who have to sell in an emergency situation may prefer a larger one-time payment. Calculating the monthly annuity is very complex, as it depends on various factors. The basis is, of course, the value of the property. This is best determined by a local quality real estate agent. If the seller opts for a temporary annuity, i.e., a right of residence for a limited period of time, the annuity is based on this period. In the case of a life annuity, the estimated life expectancy of the property seller is decisive.

Sell and continue living in your home

In most cases, you can of course simply sell the property to an investor and stipulate that you can continue to live there as a tenant. The investor then assumes responsibility for the maintenance and repair costs of the property, and you are only responsible for the agreed rent and the usual ancillary costs. To protect yourself against early termination, it is advisable to draw up a long-term rental agreement with the future owner. This allows you to continue living in your beloved home while still reducing your financial burden. For married couples going through a divorce, this can be a very good solution so that one of the parties can continue to live in the home—especially if there are children involved, who will not have to be taken out of their familiar environment.

To be on the safe side, get enough for the property, and retain the right to live there, it is advisable to seek professional help. As a real estate specialist, a real estate agent has contacts with investors who buy properties but never want to move in themselves and can support you with their network of lawyers and financial advisors in drawing up a legally binding rental agreement.

That depends on the individual case. Certain properties (e.g. vacation homes) are in higher demand at certain times and are therefore easier to sell.

Is there an optimal time to sell real estate?

Can you save me from foreclosure?

It depends on the initial situation. Many foreclosures can be avoided and even stopped. As real estate professionals, we know how to quickly identify the right solutions.

Unspoken expectations make selling to friends more challenging than selling to strangers: the friendship bonus alone can quickly involve a lot of money. Dealing with problems that may arise after a sale can also quickly put a friendship to the test. TIP: A professional real estate agent can use their experience to help ensure a smooth sale to friends and acquaintances.

Which is better: selling to friends or strangers?

Which is better: setting a high price to allow room for negotiation or setting a price that is too low to attract more interested buyers?

An inflated purchase price is like a rotten apple and deters serious buyers. A fair purchase price provides the best basis for a successful sale.

The demand for real estate and real estate prices have not fallen during the coronavirus pandemic. To protect the health of everyone involved, special procedures are required when selling property during the coronavirus pandemic.

What is better: wait until the coronavirus pandemic is over or sell immediately?

Are you experiencing financial difficulties and considering selling your property?

With over 20 years of experience as real estate agents, we have seen many cases where property owners in financial or personal distress or seeking a new direction at a certain age have been able to find a new property or opportunities have been created to enable them to remain in their homes. With a comprehensive database of interested parties consisting of capital investors and contacts to financial and banking specialists, we can find an individual solution and accompany you every step of the way. Feel free to contact us for a no-obligation consultation to find out which model best suits your situation. We look forward to getting to know you.

Contact Form

Contact details

*Required fields

Our specialists will be happy to advise you on this topic

Professional portrait of a Garcia employee.

Pedro Garcia

Managing Director - Real Estate Consultant for Commercial Properties & Investments

0 27 22 - 93 720
Professional portrait of a Garcia employee.

Peter G. Beuth

Real estate consultant for property owners Real estate valuations – DEKRA-certified expert in real estate valuation D1

0 27 22 - 93 720
Sustainability in the real estate sector: support programs and benefits for owners

Sustainability is no longer just a buzzword, but plays a central role in the real estate sector. Owners who focus on energy-efficient construction, resource-saving modernization, or sustainable management of their properties today benefit in several ways: through government subsidy programs, long-term cost savings, and a significant increase in the value of their property. In the Olpe district and neighboring regions in particular, the requirements for sustainable standards are rising—and with them the demand for modern, future-proof properties. Whether KfW promotional loans for energy-efficient renovation, subsidies for photovoltaic systems, or special incentives from the federal states: it is worthwhile for owners to invest specifically in sustainable measures. In addition to reducing ongoing operating costs, such investments significantly increase the attractiveness of properties for buyers and tenants. Better rentability, higher return prospects, and a greater sense of security with regard to upcoming legal regulations are convincing arguments for more sustainability in real estate portfolios. Those who look into funding opportunities and sustainable concepts early on create real added value for themselves and future generations.

Home trends for 2025: Which features are particularly sought after in Attendorn?

What will make living in Attendorn particularly attractive in 2025? At a time when demands on owner-occupied homes and rental apartments are constantly rising, innovative features are becoming the focus of buyers and tenants alike. The local real estate market clearly shows that quality, energy efficiency, and technical sophistication have long been among the most important criteria when choosing a place to live. Not only are sustainable energy concepts such as heat pumps, photovoltaic systems, and modern insulation in demand, but also smart home technology, flexible room solutions, and high-quality bathrooms. In Attendorn in particular, trends are emerging that offer long-lasting living comfort and flexibility in everyday life. Living spaces that create a feeling of freedom with well-thought-out lighting concepts, floor-to-ceiling windows, and spacious balconies are just as popular as practical features such as charging stations for electric vehicles, accessibility, and individual design options. such as charging facilities for electric vehicles, accessibility, and individual design options. This combination of forward-looking and practical features makes real estate in Attendorn particularly attractive not only for owner-occupiers but also for investors. For owners who want to sell or rent out their properties, these developments offer valuable guidance on how to optimally tailor their properties to the needs of the market in 2025.

Barrier-free living: demand and implementation options in Olpe and the surrounding area

Barrier-free living is no longer a niche topic—demand is growing rapidly in Olpe and the surrounding region. More and more property owners and house hunters are recognizing the value of living space that is free of structural barriers and offers comfort for all generations. The focus is not only on seniors and people with physical limitations, but also on families who value flexible and future-proof living concepts. The growing demand for barrier-free real estate ensures that such properties are specifically sought after and carefully planned. Modern barrier-free apartments impress with wide passageways, level access, threshold-free bathrooms, and intelligent details that make everyday life noticeably easier. In Olpe, more and more builders, investors, and owners are focusing on high-quality fittings and innovative concepts in order to remain attractive in the long term and increase the value of their properties. Those who opt for barrier-free design early on not only secure a larger pool of interested buyers, but also invest in comfort and quality of life for the future. Especially in view of demographic change and new lifestyles, this is a decisive competitive advantage in the region's real estate market.

Real estate investment in 2025: opportunities and risks at a glance

The real estate market in 2025 offers both experienced investors and newcomers fascinating opportunities to diversify their investment strategies and enjoy sustainable returns. However, as in any area of investment, there are challenges that need to be overcome. In view of current economic developments and inflation, it is important to select the right properties with a clear focus and sound analysis. One key to success lies in close market observation and the identification of up-and-coming regions. Experts emphasize that interesting return opportunities exist particularly in urban areas with growing populations and increasing demand for residential and commercial space. However, potential risks, such as changing interest rate environments and regulatory uncertainties, should always be taken into account. Forward-looking planning and strategic alignment are therefore essential in order to fully exploit the advantages while avoiding potential pitfalls.

The role of the real estate agent in the modern real estate market: A guide

Real estate agents play a key role in the modern real estate market, combining expertise with interpersonal communication skills. When you decide to buy or sell a home, the support of an experienced agent can make the difference between a successful and a discouraging process. Not only do they know the market and help you find the right price, they also offer emotional support and legal security. A good real estate agent not only has extensive knowledge of local market trends, but also has a wide network of contacts ranging from tradespeople to financial advisors. Garcia & Co Immobilien GmbH places particular emphasis on strategic advice and individual support to ensure that every real estate transaction is a tailor-made success. Trust, transparency, and commitment make all the difference. Make your next real estate purchase or sale stress-free, efficient, and profitable by relying on the expertise of a professional real estate agent.

Current trends in the real estate market in 2025: What buyers and sellers should know

The real estate market in 2025 is facing dynamic changes that will have a significant impact on both buyers and sellers. One key trend is the increased use of digitalization in real estate, from virtual viewings to data-based price analyses. These technologies enable potential buyers to make informed decisions and offer sellers forward-looking marketing strategies. Demand for environmentally friendly and energy-efficient properties is also growing rapidly. Modern buyers value low emissions and sustainable construction, which has a significant impact on property values. Another trend is the urbanization of smaller cities, as more and more people are moving from large cities to smaller communities to benefit from a higher quality of life and lower prices. This development opens up opportunities for sellers who invest early in up-and-coming regions. At the same time, this means that buyers should consider more options outside the traditional "hotspots" in major cities. In summary, knowledge of these trends and their implications for the buying and selling process can have a decisive impact. It is now more important than ever for buyers and sellers to closely monitor the market and position themselves accordingly.

Our service for you

Show all services
360° property by Garcia – Logo.
Virtual tour

360° real estate cinema

View properties around the clock from home or on the go – as if you were there in person.

Learn more Learn more
Icon: Silence – finger to mouth.
Top Secret

PSSST! ... confidential, quiet, and discreet

We select the five most suitable buyers from our pool of prospective buyers.

Sell discreetly Sell discreetly
Icon of a calculator.
Valuation

Do you know the value of your property?

Find out now for free and with no obligation.

For determining value For determining value
Icon of two people.
Buyer finder

Our magnet for success

Maximum demand for the best possible price.

To the buyer finder To the buyer finder
Icon of a house with two keys.
Rent

Achieve more when renting out

Verified prospects, maximum demand. That's what matters.

Rent now Rent now
5-star icon.
Search/Offer

The real estate swap

We will find your match!

Find a swap partner now Find a swap partner now
Icon for mandate and cooperation with handshake
Our marketing process

Step 2 – The mandate

You decide how we can help you with your work.

Find out more now Find out more now
Icon for document management.
Our marketing process

Step 3 – Document management

From expert opinions to contracts: your documents are in safe hands.

Find out more now Find out more now
Icon for interest management
Our marketing process

Step 4 – Prospect management

Who is a good fit for me or my property?

Find out more now Find out more now
Icon for final document with pen
Our marketing process

Step 5 – Completion & After-Sales

From mandate to successful completion – and beyond!

Find out more now Find out more now
Icon for needs analysis
Our marketing process

Step 1 – Performance promise according to requirements

We take the time to work with you to determine your priorities.

Find out more now Find out more now
5-star icon.
Performance guarantee

5 steps to selling your property

This is how we proceed to sell your property securely.

Sell now Sell now
5-star icon.
Our service

Property tax reform 2025

How we can support you in implementing the 2025 property tax reform

Find out more now Find out more now
Icon: Silence – finger to mouth.
Become an INSIDER

Be the first to hear about new properties

As a garciaINSIDER, you will receive exclusive real estate offers and information about buying and selling properties.

Become an INSIDER for free Become an INSIDER for free

This website uses cookies

We use cookies to personalize content and ads, to provide social media features, and to analyze our traffic. We also share information about your use of our website with our social media, advertising, and analytics partners. Our partners may combine this information with other data that you have provided to them or that they have collected from your use of their services.

Some cookies are technically necessary, while others require your explicit consent. For some cookies with consent, isolated personal data (essentially the IP address of your device) is transferred to the US, where we cannot guarantee a level of data protection equivalent to that in the EU.

To continue, you must select your cookie preferences. By selecting our default settings, you only activate the cookies required by the system, but not the additional convenience features. You must actively select these or activate them collectively via "Accept all."

Under Settings, you can enable and disable specific options.

Further information on data protection and cookies can be found in our privacy policy and legal notice .

Settings

  • The site uses cookies to store session information. These are not read by external servers.

    All our images and files are stored in our content management system Ynfinite. They are provided from there. Ynfinite receives your IP address through the provision of the images, but this is only used for the purpose of providing the images within the framework of an http request. The data is not stored long-term.

    Further information on data protection and cookies can be found in our privacy policy and legal notice.

  • through the integration of Google Maps, map data and navigation data are made available to you as a user on our website. Several cookies are set by Google, which are relevant for Google Maps, for the Google Fonts used therein, and for other services necessary for Google Maps. Your IP address is transferred to the USA.

  • the YouTube plugin is used to load YouTube videos embedded on our website. The plugin allows videos to be embedded in the website. This involves the use of several cookies that are relevant to YouTube. Your IP address will be transferred to the USA.

    we use Google Ads to place advertisements on external websites. The data obtained enables us to tailor the advertising on our website more specifically to our customer base and to measure the effectiveness of our advertising measures. Several cookies are set by Google that are relevant to Google Ads. Your IP address is transferred to the USA.

  • We use 360° panoramic tours from Ogulo GmbH on our website. This involves the use of cookies and services—including those of third parties—that are relevant for the provision of this service by Ogulo GmbH.

  • We use real estate value analyses from ZwoVadis GmbH on our website, which set cookies that are relevant for ZwoVadis GmbH.

  • the onOffice plugin embeds several services required for the functioning of the "buyer finder" on our website. This involves the use of several cookies, including those from other providers (Sentry, Unpkg), which are relevant for the onOffice plugin. Some of these sub-services transfer your IP address outside the EU.

  • With Matomo, we collect information about the pages and services you use, which enables us to provide you with content that is better tailored to your personal preferences. Personal data is immediately anonymized and not stored; the data is summarized anonymously and does not allow any conclusions to be drawn about your identity.