FAQ

It depends. In principle, we advise against it. In certain cases, it makes sense to have small cosmetic renovations, such as painting or floor repairs, carried out before selling – these can increase the value and attract more interest from potential buyers. Major renovations are often not worthwhile, as buyers often want to make their own adjustments. In addition, tax issues must be taken into account. We are happy to help you develop the best strategy for your property.

When you sell, the existing mortgage is usually terminated early, which may result in an early repayment penalty (colloquially known as a penalty). The early repayment penalty is deductible from the property gains tax. Alternatively, the mortgage can be taken over by the buyer if the bank and the buyer agree. Depending on the circumstances, you can also transfer your mortgage to your new property. Don’t worry, we know our way around and will be happy to help you.