Interpretation of Seller Behavior

What do you mean by that?

Who conducts the viewings if no real estate agent support is desired on his part? Himself, right? Does he want to travel hundreds of kilometers every time for that?

According to his other classified ads, he has moved to Weil am Rhein. Right next to Basel, a very expensive area. That probably explains why he wants to get every euro for the current house, as already suspected.

I just copied the text 1:1 from classifieds ;)

Ok. Then he has a different text on the major real estate portal. Also strange :D

Do they seriously mean a real financing commitment?? Just so you can take a look first :eek:

Yeah, he can want a lot. Probably a blank slip from the bank has to be enough for him, indicating that financing over the amount would be conceivable. Some really overdo it with the seller's market though. Here, there was once a house listed right next to Garzweiler between 2 coal power plants in sight. It was less than 20 years old. Things like that hardly exist on the market here at all. The sellers knew that. They held a mass viewing and, no joke, wanted a scan of the ID card and a police clearance certificate alongside the financing commitment :D

The general financing confirmation apparently isn’t worth anything with the purchase price of this property if the bank values it significantly lower.

Well. The seller sees it quite differently. In the case of failed financings, he will definitely have assumed that the buyers simply weren’t creditworthy. It can’t be the house’s fault.

But as I said: with luck, he’ll find someone with sufficient equity. Then the banks will also cooperate if only 200k need to be financed. That would be the jackpot for him... and he wouldn’t even notice :)

I just wonder when the seller will realize that behind the financing commitments that fail one after another when it comes to signing, there is a system: the banks want to see adequate security in the property, i.e., its substance should "cover" the loan amount. For the goodwill surcharge (i.e., the price portion above value), the customer either has to contribute creditworthiness points elsewhere or the equation won't add up. Anyone demanding an inflated price will therefore only be able to sell to investors or sport-and-fun buyers (i.e., people who borrow the money only for tax reasons and basically would keep it in the safe anyway). The combination of "price above value" and "buyer has to lead his bank to the altar with the property value alone" will cause a whole series of further financing requests to fail. From my point of view, the seller is either gambling with nerves of steel or just hasn't heard the shot yet.

Have you contacted your boyfriend to let him know you are still interested :) after all, you already have a relationship with him :)

have you contacted your boyfriend to let him know you are still interested :) after all, you already have a relationship with him :)

As I wrote yesterday: no, we are still waiting.