Unfortunately, you are mistaken. You can burn a property in any market climate, and many do - real estate agents are at least no less "successful" than the owners themselves.But at the moment every property sells, there is no burn. At least not if you have enough time for the sale.
Yes, I think so too. With plenty of greed, it’s all possible - for example, self-made bidding procedures that already name an exorbitant price at the start. You see that more often now. Trying to make quick cash, hoping to sell the C-location at an A-location price.Unfortunately, you are mistaken. You can burn an object in any market climate, and many manage it too - real estate agents are at least no less "successful" than the owners themselves.
In my area, many people have sold their 15-20 year old '0815' standard houses (gable roof, clinker brick, 160-180m2), financed them variably in the meantime, and rebuilt new ones. Basically traded 1 to 1.5 years of work for a new house :D
With most banks, you can borrow money for real estate in two ways. A: either a standard annuity loan fixed for 10-30 years B: variable, usually 1-5 years. (full repayment after the contract period ends) Of course, option B comes with slightly higher interest rates, but there are also these flexible advantages.What do you mean by variably interim financed? I would like to sell beforehand, equity gives me a better feeling. I'm actually not one to go on "greed eats brains." I'm just looking for a middle ground, I have nothing to give away, but you don't have to overdo it either.
At most banks, you can borrow money for real estate in two ways.
A: either a standard fixed annuity loan for 10-30 years
B: variable, usually 1-5 years. (full repayment after the contract period)
Of course, option B carries somewhat higher interest rates, but it also offers these flexible advantages