House purchase: Sale before the expiry of 10 years - Right of first refusal

2020-02-12 23:32:54

Wait, slow down, don’t mix everything up. There is the municipal council. Their interest is that no land speculation should be conducted with the discounted plots. That is not the case here, it is a distress sale. Since no council member wants single-family houses, they keep quiet.
Assumption of his financing. Ok, if priced in, it saves him prepayment penalties.
Notary contract, forget this notary. He will only be able to notarize once he is sure that the municipality will not make him pay for it.
I don’t see a pre-emption right for the ex-wife. It sounds like he has paid her out. Anyway.
Purchase price level can only be judged by someone who knows your market. Not possible from a forum.
And yes, if someone has the land, I don’t have to step on it too. A good deal is such a distress sale, even if you are fair about it. K.

Thank you, you have understood the situation! That gives me hope!

Assumption of the financing to avoid prepayment penalties – in return, the attractive purchase price. (as said, we have calculated the effects and it fits so far)

It is a distress sale and we are trying to get the best for both sides, without anyone losing out (why should they if it doesn’t have to be)

Thank you very much!

2020-02-13 15:13:33

What I don't understand. He only has to pay something to the municipality if he somehow makes a profit from the matter, right? But he doesn't do that at all. If you repay the loan, he gives you such a great price, etc., then he doesn't earn a cent and gets off with a black eye. So why should he have to pay 90,000 to the municipality?

No, he has to pay something to the municipality because they sold him the building plot cheaply, for example in the local model! The municipality would then theoretically like to have the difference back....

2020-02-13 17:00:01

No, he has to pay something to the municipality because they sold him the building plot at a reduced price under the local resident model! The municipality would then theoretically like to get the difference back ....

Hello Snowy, that is exactly the case.. he bought the property cheaper under the local resident model. Have you ever had similar experiences or heard how the municipality decides in such cases?

Thank you very much!

2020-02-13 17:14:47

Have you ever had or heard of similar experiences regarding how the municipality decides in such cases?

And what is the report supposed to help you with ... absolutely nothing, since each municipality can decide independently there.

2020-02-13 17:19:38

House purchase. You will have to wait for that. I said, forget that notary. The seller can only have the deed certified after the city council has made a decision, and by then the notary will be retired. Another notary will certify it. My prognosis is that the city council will demand nothing, quick sale, and waive the right of first refusal, they do not want to rent out single-family houses. But better safe than sorry, the seller will say. K.

2020-02-13 17:20:54

Then Karsten says a true word *Daumenhoch*

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House purchase: Sale before the expiry of 10 years - Right of first refusal

Hauskauf 2020

Snowy36

Hauskauf 2020

kbt09

Nordlys

kbt09