Geld sparen

How to reduce the amount of money by the buying a real estate purchase

Rising prices make a real estate purchase more and more expensive. Especially with regard to the purchase price buyers can rarely expect a discount due to high demand. The situation is much better for ancillary costs.

What many do not know: above all, a lot of money can be saved when it comes to notary costs.

1. Let the notary help you directly with the drafting of the sales contract and not additionally by a lawyer or a tax consultant. You have to pay for the notary work in any case – his fee is regulated by law.

Transfer the real estate purchase price directly to the buyer

2- As a rule the purchase price is deposited in a so-called notary escrow account. The notary manages the amount in trust until it has been officially entered in the land register. Only then does the amount go to the seller.

For this service the notary demands a lifting fee. You can save yourself this intermediate step by bindingly regulating the payment conditions in the sales contract.

Source: focus.de

picture: pixabay.com

Stempel

How to save money if you buy a property with a notary public

Save money on mortgage debt and also on conveyances of property.

1. The notary public records certificate of mortagege debs for the bank. This allows you to seize the property in case if the buyer becomes insolvent. In most cases, however, an authentication of the draft land charge is also enough. It is considerably cheaper than the notarial deed.

2. The notary usually enters a preliminary notice of conveyance of property in the land register. This ensures that the seller cannot access the property between the sale and the registration in cadastre

Within family, friends and acquaintances you can do without it and save these costs.

Deduct notary costs from tax

3. in addition to the above tips which you can deduct the notary costs from the tax. However, this is only possible if the property generates income, such as rental income. Then you can deduct the fees as income-related costs.

Source: focus.de

Picture: Pixabay.com

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Real estate boom splits Germany into poor and rich

For a long time Germany was considered a country where houses are barely more expensive. The real estate hype since the 1990s was elsewhere: in the US, UK or Spain. But this decade, German apartments and houses suddenly become more expensive. Researchers are now finding that this drastically increases the differences between rich and poor. While millions of Germans suffer from higher rents, more than half of the wealth gains go into the pockets of the ten percent richest. This result of a study should further fuel the housing debate in the country.

In the past ten years, house prices in the largest cities of Berlin, Hamburg and Munich rose by 90 percent. This means that German wealth has increased by almost three trillion euros since 2011, adjusted for inflation. A huge amount, a trillion more than the entire national debt. In countries such as the US or Italy, where a large number of residents own houses, such a real estate boom is benefiting large masses. As prices rise, inequality in the population tends to decrease.

Source: sueddeutsche.de

Image: pixabay.com

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Low interest rates continue to drive the real estate market

According to industry experts, the upward trend on the German real estate market, which has been in place for ten years, is still intact. “Real estate prices and rents have reached their highest levels in almost all types of use,” says a study by the KPMG auditors and the real estate academy IREBS at the University of Regensburg.

The foreseeable continued low interest rates in the eurozone and the US support the real estate sector. Therefore, money will still flow into real estate: “Due to a lack of alternatives for fixed-interest investments, it will thus remain with the considerable liquidity overhang in the real estate investment market,” said KPMG real estate chief Hans Volckens.

However, the risks for investors would be greater. Thus, the authors of the study expect that the legislature in Germany will dampen rents with further regulation. The immigration from abroad and the number of younger people as new tenants will be weaker in the next few years. Rising house prices could then be justified “less and less by potential Mietsteigerungen”, conclude the experts.

Source: wiwo.de

Picture: pixabay.com

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Property tax reform until the end of 2019

The federal and state governments have agreed on certain cornerstones for a new regulation of property tax. Against the currently favored value-dependent model, in which the age of buildings and the average rental costs are the basis of assessment, comes now from Bavaria resistance, where a surface model is required. The amendment until the end of 2019 was demanded by the Federal Constitutional Court, as the current regulations are completely outdated. The bases of assessment originate in the old federal states from the 1960 years, in the new federal states even from the 1920s.

Source: wiwo.de

Image: pixabay.com

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That’s what Berliners think about the expropriation of the housing companies

According to a representative Forsa survey for the newspaper, 35 percent consider expropriations to be “fundamentally sensible”. In January, the proponents were in the majority. A Berlin initiative is currently collecting signatures to apply for a referendum. It requires companies with more than 3000 apartments to be “socialized” against compensation.

Source: bz-berlin.de

Image: pixabay.com

bavaria2_immobilienmanager.de

Munich: Samsung leases 8,000 square meters in the Bavaria Tower

Bayern Projekt GmbH was able to win the global group Samsung as another anchor tenant for the Bavaria Tower, which it developed. After completion of the space, the South Korean technology giant will successively move to around 8,000 square meters in the Sky Tower, which will serve as the new European headquarters after completion of the relocation from the Frankfurt region from 2020 onwards.

Samsung occupies a total of six floors in the Sky Tower, which at just under 84 meters in total height is the tallest tower in the four-part building ensemble. The company not only benefits from the first-class infrastructure of the campus, but also from one of Munich’s most spectacular panoramic views over the city and the Alpine foothills.

Source: Immobilienmanager.de

Image: Bayern Project

Marktplatz

Big plans for Halles Marketplace

Greening of the market place

According to initial plans, the area around the Handel statue could be planted. In the past, turf was repeatedly laid around the statue. The administration could imagine trees in the area of ​​the Commerzbank and in front of the townhouse as well as in front of the Handel statue. Since the plants can not be planted directly in the soil due to the soil conditions, they would then have to stand in certain plant trays.

Fixed stalls for the market

During the „Workshop for the future“ also fixed market stalls were a big topic. Following the example of the Munich Viktualienmarkt. In a rough idea, the fixed market stalls are in front of the town hall on the east side of the market place. Lord Mayor Bernd Wiegand announced an interest-sharing process to find out the interests of the companies.

Family friendly market

The market should also be more attractive to families. That’s how the idea of ​​a small playground came into being, which should reflect Halle as the city of the towers on the river Saale. In addition, the marketplace should be used as a venue, especially in summer, such as be used for “open-air cinema”. In addition, the city government is planning by popular demand public toilets in the marketplace.

Source: MZ

Picture: www.pixabay.de

Halle

Worth knowing: Halle in numbers

Did you know…?!

Halle has a total area of ​​135 km² and is divided into 95 districts. The more than 241,000 inhabitants can use about 14% of the total area for pure relaxation. Over 5 km² in Halle are public green areas and parks. The forest area in Halle is, among other things thanks to the Dölauer Heide over 22 km² and invites every day a variety of groups to stroll and linger. On a distance of 25 km², the Saale meanders through the salt city. The largest lake is the Hufeisensee with an area of ​​just over 7 km². Halle also has a lot to offer culturally: in 8 cinemas, 5 theaters / vaudeville, 12 galleries and 18 museums, world-class art can be regularly admired. The University and State Library of Saxony-Anhalt (ULB) is the largest scientific general library in the state of Saxony-Anhalt and has a stock of more than 5.55 million units, which is distributed to the Central Library and the 13 branch libraries. With 3 universities and 8 international research institutes, Halle is a lively student city and at the same time real world size. Halle also attracts more than 170,000 tourists every year. through the “Handel Festival” or the spectacular “Lantern Festival”.

Source: City of Halle; www.bibliothek.uni-halle.de

Image: https://pixabay.com/

Deutschland+

These are the 10 most expensive cities in Germany

1st place goes unchallenged to Munich. The price per m² in the first quarter of 2018 was an average of € 17.57. Rents in Frankfurt am Main are considerably more moderate than in Munich. The average here was € 13.90 per m². This is followed closely by Stuttgart, which at 13.48 € per m² is still expensive, but much cheaper than Munich. With place 4 we are approaching a clearly more acceptable price. In Freiburg the average price is 11.94 €. Just behind it is Mainz. There, the square meter costs on average 11.93 €. In the following places you can find Ingolstadt (11.90 €), Hamburg (11.83 €), Berlin (11.80 €), Heidelberg (11.79 €) and Wiesbaden (11.72 €) relatively close to each other.

Significantly less money must be spent on the cheaper university locations such in Erfurt and Magdeburg. There, the monthly warm rent for a student room is less than 300 euros.

Source: Finanzen.net, Immobilienmarkt.net

Image: pixabay.com