Should we buy an overpriced property?

The rate is just 20% above the current rent and you have a house where everything fits. You don’t have to renovate/repair anything major and can move in.

If you can afford the rate - go for it. And 130k debt in 20 years... so what, who knows what will happen then.

And also without a realtor.. consider yourself lucky. Don’t miss this opportunity. You will probably regret it later if you don’t take it.

And 130k debt in 20 years... so what, who knows what will be then.

Somewhere between a kebab menu and a new car in the lower middle class...

well, the real estate appraisal from the bank is about 20% lower, and they determine it based on the current market value

In this forum there are banking professionals, my opinion is that of a layman: The property valuation by banks tends to be closer to foreclosure value than current market value. I agree with my predecessors who recommend a purchase. I keep my fingers crossed that it works out for you.

The real estate valuation by banks is more oriented towards foreclosure value than current market value.

Yes exactly. But I don't think that is just a layman's opinion. Market value is not the same as fair market value.

Market value is not the same as transaction value

Market value and transaction value are synonyms and mean the same. Apart from that, there is only the lending value.

Or would you rather wait until a good offer comes along someday?

I would wait if you only want a house when you retire. :D Any other questions? What amounts are we even talking about here? What and where is the object of desire? And that your assumed 20% might not be that at all has already been pointed out. ;) BTW: the real estate agent (money counter?) was probably derived from the then currency Mark. :)