House move, sale, new purchase

  • Erstellt am 2025-07-08 02:17:33

Hausbau42

2025-07-08 02:17:33
  • #1
Ultimately, this will be a house move.

So far, there have only been 2 properties that appealed to me more closely. The first was unfortunately sold immediately. Here, I should simply have shouted out that I buy immediately, without seeing it.

I want to buy something new and different with the money that the sale of my existing property will bring me. No loans etc., no major renovations (if possible). Unfortunately, my house bank is also letting me down a bit. I am not a high earner, self-employed (for many years), have a side job, rental income ... that's how I keep afloat. No debts.

How would you proceed best regarding a bridging loan here? Or are there other possibilities that I am not even thinking of?

I mean, I can't rely on the seller waiting until I have sold my house.

Many thanks in advance!
 

wiltshire

2025-07-08 10:34:49
  • #2
Alternative: Sell, move out, store, and rent something small, then buy and move in.
 

nordanney

2025-07-08 10:52:45
  • #3

Bridge financing of the future house sale.

1. Sell your house today, collect the purchase price, and agree with the buyer on a handover in, for example, 12 or 18 months. For the period, a usage compensation (important for the buyer: no rent, as otherwise the disadvantageous tenancy law for him and advantageous for you applies).
2. Sell your house today, collect the purchase price, move out, and move into a temporary apartment.
 

Stefan881

2025-07-08 11:28:33
  • #4
Hello everyone, I am currently in a similar situation... : How do you usually or realistically assess your suggestions? Is this common? If possible, can you contact me directly?
 

nordanney

2025-07-08 12:21:33
  • #5

Suggestion 2 is at least 100% realistic ;).
Suggestion 1 has even been done by myself twice in the last 10 years. The question is, what kind of situation you are in with your property. If you want to sell an undesirable property (old, poor quality, weak location, etc.), it will be difficult. You will very likely be able to sell a good property in such a way that a buyer will also wait a year before moving in.
 

Grundaus

2025-07-08 13:20:39
  • #6
I would never buy an apartment for personal use if the owner moves out at some point. Not even with only a 50% down payment and compensation of 150% above the comparative rent.
 

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