The purchase price of a property is a matter of negotiation? Not always. Sometimes the asking price is simply good. Then you shouldn't try to get an even better price. But in this article, you'll learn when it's worth negotiating and how to stay fair.
The purchase contract is one of the most important documents when buying real estate. Accordingly, you should check it carefully and know exactly what rights and obligations it gives you. So: What is important and where can you get a purchase contract at all?
You do not pay the purchase price for a property immediately after you have signed the purchase contract. And you don't pay everything else in one go either. Huh? That's how it is. The requests for payment arrive gradually. When you can expect what, we have summarized for you.
Interest rates have recently risen somewhat. This has made real estate loans more expensive, but at the same time, negotiating purchase prices is easier. The steep rise has therefore been halted somewhat. However, it's impossible to predict when, if ever, real estate prices will fall significantly. Many experts assume it won't happen in the foreseeable future, especially not in metropolitan areas and desired locations. Because construction costs have also risen sharply due to inflation and new construction projects, have become more expensive, demand for existing properties will likely remain high.
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