Is financing feasible? Finished house for the money?

When interest rates rise again, and that will happen, everything else goes against all life experience, interesting properties will also appear for foreclosure at the court in your area

Yes, those will still be interesting times

I find it quite sinister when people look forward to such events with interest, especially since not all foreclosures necessarily have anything to do with over-indebtedness or a risky decision in financing and the realization of a purchase project.

Caspar2020, is that supposed to be the punishment for those who, in your opinion, should not take the risk of acquiring property???

Regardless of the fact that I cannot see any reason to expect a wave of foreclosures.

I wish this fate on no one, and with a sensible and secure financing, one can counteract this and minimize the risk, just as with an appropriate strategy and wise actions, if something like this were to happen.

Regardless of the fact that I cannot see what speaks for the expectation of a wave of forced auctions.

The market due to refinancing problems (be it debt serviceability or negative value adjustments) is actually almost wiped out. After all, many financings are being prolonged at significantly better conditions (a problem that plagues the building societies because no one is using their home savings loans for that purpose).

Since from an economic point of view the current interest rate level is more than unhealthy; but also the flight of capital has led to a significant heating up of real estate prices in many areas, it will inevitably come to a situation in the medium term where a larger number of financings simply collapse.

It is not for nothing that "loud" legislative considerations are being made to intervene in the market to address such problematic financing.

I find it quite perverse when one looks forward to such events with interest

I don’t know what you understand again. But in the insurance industry, many view this with concern.

Incidentally, many building societies are already increasing efficiencies to be prepared for the future.

Oh, I see,
As for the BSKs. Not only will the target rating number come under pressure in such a scenario, but at the time of the loan date the BSKs will pull the evaluation card at that time; if necessary.

Z, what rhymes and do you come up with there, almost nothing fits, so long

Can you please tell me what advantages this long-term commitment and relationship with the banks are supposed to bring?

But also mentioning the savings banks with their bullet loan building society pre-financing offers (regardless of that also with the bad LBS tariff) and the Volksbanken with their Riester models and building society models?

What about Ing.Ing-Diba, the Sparda and PSD banks, the DSL Bank, the Münchener Hypothekenbank, and the insurance policies for long-term fixed interest rates???

Foreclosure properties??? Is that recommendable? Regardless of the moral stance on it, but how can one recommend foreclosure properties? Do you know what that means and what dangers and pitfalls await there???

Foreclosure is indeed a tricky matter, but why should one have moral concerns? If I don’t buy the house, someone else will. However, it is also difficult here to get good properties. I once acquired an apartment cheaply that way; during our house search, there was no sign of any. Often the properties are also bought by family members. Furthermore, it is advisable to make prior contact here. My experience is, if this is refused, stay away. Either it is meant to stay in the family or the owner is unpredictable. Otherwise, you do quite well if you agree with the owner, for example, to give him a small five-figure sum extra for a smooth process. If you save €100k on the house, you still make a good deal...