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Rising energy prices, stricter climate regulations, and growing buyer awareness are putting more focus on the energy efficiency of properties. But is modernization really worthwhile—especially before selling? The energy crisis of recent years has made one thing clear: high consumption costs are not only annoying, but also a real obstacle to selling. At the same time, new legal requirements—such as the...
Many owners wonder shortly before selling whether they should quickly paint the walls or modernize the bathroom. But not every renovation increases the price – this article explains which jobs are truly worthwhile and when restraint is the better strategy. Before opening paint cans or hiring contractors, a sober look at the budget, schedule, and market value helps...
Dividing an estate is a major challenge for many heirs, especially when it comes to real estate. Differing interests and emotions often clash. To ensure a fair and successful real estate sale, clear communication and well-thought-out solution strategies are crucial. Typical difficulties faced by a community of heirs: Inheriting a property jointly usually means that several people have a say...
If a property is to be fully financed, banks typically demand high interest rates and more collateral. High interest rates also mean high installments or long terms. Therefore, it makes sense to finance a property with a certain amount of equity. But how much should this be to ensure solid financing? Equity refers to all financial…
The time has come: The purchase of your own property is imminent. Then you can begin your search. But before you enter the (digital) maze of offers, you should ask yourself a few important questions. This will prevent unpleasant surprises and a lack of information. We'll give you a brief overview. How much property can I afford?...
The new Building Energy Act (GEG), which came into effect in January 2023, is causing uncertainty for many homeowners. Several questions remain, especially regarding heating. Do old heating systems need to be replaced as soon as possible? The answer is: No! Before replacing them, owners should clarify the extent to which they can improve the energy efficiency of their building and the renovation of their existing systems. Before you panic about...
Real estate prices won't collapse in 2024, say some market experts. They also expect financing interest rates to remain at current levels. So now is a good time to buy real estate before prices rise again. The only question is: where? Because the German real estate markets are very heterogeneous. Real estate and financing experts…
Expensive loans, the effects of inflation, and high material costs are also affecting real estate construction. A recent survey by the Munich-based Ifo Institute from mid-September 2023 shows that more new construction projects are being canceled than ever before. Is it still worthwhile to build new? Already in early summer, the Federal Statistical Office (Destatis) reported that building permits for...
Finding affordable real estate currently represents a major hurdle for many. Especially in urban areas, purchasing a home is barely affordable, and there's no relief in sight. In rural areas, however, entire communities are struggling with vacant properties. Is the countryside a better option for home ownership? Far from urban areas, many struggle…
Maria S. and her two siblings inherited their parents' house, where they spent their childhood. In addition to grieving for their mother, they now have to decide what to do with the large property on the outskirts of town. This almost led to a falling out, as each had a different idea. Mrs. S., you...
