The path to owning your own property:

Here's what you should look out for when buying real estate.

Whether it’s a house or an apartment, finding the right property in the right size, in the preferred area and at the best price is not easy. As a potential real estate buyer, you have a number of important decisions to make: from realistic financing to the actual search to the final notary appointment. Thanks to the support of your local RE/MAX broker, you will successfully buy your dream property and save yourself from legal or financial pitfalls. We have listed the tasks that a real estate agent can take care of for you here.

1. Financing:

Your broker creates a robust concept.

Set your financial framework very carefully. Few real estate buyers can finance the purchase of a property entirely from existing funds. The terms of a financing loan depend on the amount of equity you have. And consider the purchase additional expenses. Your RE/MAX broker will be happy to advise you on the financing of your property and will tell you the individual cost items that you need to keep in mind as a buyer.

2. Real estate search:

The advantages of a real estate agent

If you are looking for the right property yourself, this can be very time-consuming. You have to contact the individual providers and often it turns out during viewing appointments that the property does not fit your expectations in one way or another. Alternatively, you can hire a real estate agent and give him a detailed search request. In any case, this saves you many unnecessary on-site appointments.

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Your search request

3. Viewings:

Consult a real estate expert.

After your real estate agent and you have found the right property, he or she will help you take a sober look at the property and point out any defects. Is the building fabric in order? How old are the pipes and the building services? What is the energetic condition? Are renovations/refurbishments pending? Is the price in line with current market conditions? Be sure to get expert help to discover hidden defects. If you have decided to buy, your realtor will provide you with an in-depth valuation and determine the market-compliant price for your desired property. A qualified broker will also check the land register for any entries and encumbrances.

4. Sales negotiations:

A broker knows what he is doing

In the subsequent sales talks, your negotiating skills are called for if you want to reduce the set price for good reasons. For example, because renovations to the property are unavoidable. In this phase, a real estate agent acts as a mediator, and it is usually easier for him to find financial compromise solutions that satisfy both sides.

5. Sales contract and notary appointment:

Never without prior legal review.

The purchase agreement that you sign at the notary’s office is only checked for its formal legality – but not for its content. Therefore, you should always have the purchase contract checked by a legal advisor – or your real estate agent – to make sure that it does not contain any agreements that are disadvantageous for you.

On the way to your own property can lurk some stumbling blocks that prevent qualified RE/MAX broker. Reach your goal unscathed!