House purchase foreclosure auction - What price is realistic

Please finally explain now what you mean by taxes all the time!

If he were to sell it now, he would have to get an amount of about 200k for it because he has to pay so many taxes (due to the mortgage). After 6 years, that would probably no longer apply.

Was done in the first post..

What does a land charge have to do with taxes? I would like to understand that, so I am asking.

What does a land charge have to do with taxes? I would like to understand that, so I am asking.

Unfortunately, I can't say either, that's why the question came up. Those were the statements of the seller. If I understand correctly by now, it is like this: He bought the house for the amount x and then settled the outstanding land charge. So he invested a total sum of about 150k. If he now sells me the house for 200k, then he has to pay tax on 50k (i.e., the profit). No idea how much that would be, how it is calculated, and what he ends up with in the end.. Did he actually have to pay the real estate transfer tax on the total price or only on the purchased amount, i.e., without the land charge? We also know that a lot still needs to be clarified. It was a first conversation, let's see how it goes. Please correct me if this is wrong.. Regards

The seller tries to emotionalize the price. What he had to pay himself, what he put into it, how much he has to bleed to the tax authorities when selling ... all his problems, his mistakes, his fate. And the buyer is supposed to solve that by opening his pockets.

Put all that aside. The only thing that matters is the current value, and that is for YOU. If he gilded the baseboards for €50,000, that is his value, but for you it is 0 if you don't like the baseboards. That is the problem with (partially) renovated existing buildings.

What is needed is an objectified assessment of what the house is worth.

I would also have no sympathy if a real estate speculator makes a good profit after two years and then has to pay nasty taxes. This is not about him making a loss; he just wants more profit.

As usual, my advice, which has also come from others:
Look at the house carefully, think about what you are willing to pay. Make him a time-limited offer. And if not, then not. Then consider your limit for building and talk to the bank. Calculate your income. Look for a plot of land and build.

What are your thoughts? No matter what he thinks, wants, imagines, etc. You are interested in the house for price X. He tries, as mentioned, to emotionally manipulate you. He succeeded. But luckily you showed up here.

If someone else buys, then so be it. Stay firm if he says others want to pay amount y. Yes, good for the others.