Close with a different selling price than discussed with the broker?

  • Erstellt am 2024-02-05 18:40:55

jens.knoedel

2024-02-07 21:39:25
  • #1

I don’t understand partially. Purchase price house all in €500k. In the purchase contract it is officially stated €450k for the house and €50k for fixtures. Then you save real estate transfer tax on €50k. So 6.5% = €3,250. Nothing is calculated partially there.

From this perspective, the house has a market value of €450k (see purchase contract). To make it easier to calculate, let’s say a loan value of €400k (instead of €450k, if the fixtures are not separately stated to avoid taxes).

€350k loan = 88% loan-to-value ratio in the tax saving model
€350k loan = 78% loan-to-value ratio without the tax saving model

Interest difference due to exceeding the 80% limit = surcharge 0.15% = additional interest expense over 10 years fixed interest approx. €5,000
==> the tax saving model backfires

With bigger gambles and more expensive houses, that sometimes really hurts.


Yep - absolutely agree. I have seen houses before where it was about smaller six-figure amounts (of course with more expensive houses as well).
 

ypg

2024-02-07 23:47:42
  • #2

Uh… the quote is just an example…. Because it’s not about real estate transfer tax. This is definitely about proportional calculations, the OP is asking about the broker’s commission.
So read everything with regard to the common thread.
 

Pascali

2024-02-11 21:59:54
  • #3

So the purchase price of €330,000 is fixed with the notary. And a separate purchase contract is made for the furniture for €20,000.
This way, you pay less notary fees and real estate transfer tax.
But the agent receives their commission on the €350,000?

Correct?
 

Pascali

2024-02-11 22:02:43
  • #4
With what to deceive? The notary contract would record €330,000 for the house & €20,000 for furniture/curtains.
 

Pascali

2024-02-11 22:08:31
  • #5

T€ 350 = 88%
T€ 350 = 78%
Where do the 10% come from?

Does the house now cost T€ 400 and the fixtures T€ 50 in your example?
 

Pascali

2024-02-11 22:10:51
  • #6

In order to list the furniture separately from the real estate costs, must they be attached to the building or must they not be? Built-in closet, fitted kitchen, awning, curtains?
 

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