Six steps to easily buy German real estate

With the improvement of people's living standards, more and more people plan to immigrate to Germany, so how to buy a house? Next, let's take a look at six steps to easily buy German real estate. Welcome to reading.

I. Proof of income

This annual income is not what your homeowner said. Ordinary people are not fools, and banks generally require accounting accounts for the past five years, as well as bank accounts for bookkeeping.

These two parts involve tax evasion in Germany, and there is generally no fraud! In addition, the rental contract also needs to be presented. (Ha ha, my husband said that there are fake contracts for buying a house in China, and there are fake tenants with special construction fees. These deceptive things won't work in Germany. )

Second, the field trip

When the property market was booming a few years ago, the asking price of old buildings was 10 to 12, which has declined in recent years. Whether it is calculated according to 8 years or 10 years depends on the maintenance of old buildings.

The so-called roof insulation, wall insulation, thermal insulation windows, heating systems and power systems. When were the old buildings that I mentioned in the past and those that needed maintenance renovated and rebuilt?

Third, the location of the old building.

Also determines its value. If it's a big city like Hamburg and Hanover, it's 20 times more expensive, and you may not be able to buy it. Because the children and grandchildren of other homeowners pass it on, they don't sell it, or sell it. The price is too high for ordinary people to afford.

Moreover, in some remote and desolate towns near us, houses are often idle and can't be rented out, and no one cares about them for five years after the price falls.

4. Are there many local buyers?

Many people rob, the price is definitely high, few people buy, no one cares, but the price is definitely high. Haha, in our place, because the average age is 60 years old, there is no industry in the place where the elderly spend their holidays, so people who sell more houses buy less. . . The price is natural.

Five, registered construction engineer professional appraiser

Let's make a comprehensive evaluation: from the internal structure of the house to the maintenance state, etc., give a comprehensive report on the commercial value of the house. On the basis of these basic principles, for example, the two sides agreed to clinch a deal according to the annual income of the house ×8 years. We can still make a deal after eight years, but I want to change the roof and deduct 20 thousand euros from the planned roof change.

Sixth, access to sources of funds.

It should be noted that income is personal net income. In Germany, 33% of net income is lice on bald men's heads, and they can't escape. So generally speaking, everyone buys a house with a loan. Where did they get so much money to play? Debt, of course. Then loans can be divided into two parts, private relatives loans and bank loans. These two parts of the loan, the interest paid, are true.

No, I won't repay the principal, so I will try my best to pay off the principal with bank loans within 30 or 40 years, and I will never use private loans to repay the principal and pay interest. In other words, for example, I borrowed 300,000 euros from seven aunts and eight aunts in China and 300,000 euros from the bank. According to the annual interest rate of 6%, the annual interest is 36,000 euros, and the monthly income of the house is 5,500 euros, of which 3,000 euros is interest and 2,500 euros is 33%.

Then German banks are different from American banks. The Germans made a careful inspection before the bank loan. I am in the forefront of bank loans 1, 2, 3, 5, and I must read the written materials.

I wonder if you are interested in this. Basically, this is where we have been busy recently. My husband is more exaggerated, not counting reading a lot of information about the owner of the house, but also knowing an old couple of artists who live in the house. Every day, I invite people to have coffee and cake together to learn about all kinds of situations, and sit in the building to observe the business of frontispiece's family.

I don't know about the property market in other parts of China, but I still know a little about Dongguan. For example, XX has two gabled market buildings in a town, each with an area of 300 square meters, with a monthly income of 8,000 RMB and an annual income of 96,000 RMB. The current sales price is RMB 3 million, which is equivalent to the payback period of more than 30 years. Compared with the price of the same building in Germany, it is simply sky-high for more than 20 years!

Strangely, many century-old houses in Germany have better thermal insulation and warmth retention performance than those in the 1950s and 1970s, and heating is more economical and environmentally friendly. Those walls are not only oversized, but also have several layers of insulation, such as hollow wood partition, which uses the principle of air insulation. It's a bit like an old Beijinger building a quadrangle. He knows how to add a paper roof under the roof of a big house, cover the double walls with a sandwich, and use the air layer in the middle to keep warm.