Land price = complete equity. Finance yes/no?

  • Erstellt am 2015-06-18 23:24:20

Musketier

2015-06-22 14:26:37
  • #1
Paying pointless interest on €100,000 for 1 year, being tied to the bank, and the increased notary fees for the twofold entries of the [Grundschulden] are not something I consider reasonable. But that's just my personal opinion.

Why should the interest rate rise to 4%? Just because it makes a short counter-move now?
 

FloSchn

2015-06-22 16:41:55
  • #2


Yes, you are absolutely right, it depends entirely on what you want to achieve. If you want security, then you should do it that way. The notary costs amount to a few hundred euros, which is not much compared to a higher interest rate.

The interest rate averaged about 5% over the last 20 years. If the market's return expectations change sustainably, it will go there again. The current low-interest phase is precisely that, a phase, and it will end at some point.



That is correct. Security in the form of the property already exists. Further financing will be arranged when the plan for the house construction is also finalized. That is not a problem, and the notary costs really remain within limits.
 

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