The speculation tax amount isn't a fixed sum. It depends on your tax rate. If you're pretty well off, you may have to pay up to 45% tax on your profit. You can find examples for calculating your tax rate and thus the overall speculation tax here.

The first step is the draft of the purchase agreement. You'll need it to obtain financing in most cases. At this stage, notaries are impartial advisors who can inform you about various wording options in the contract.

Once everything is right for you, the seller, and the bank, you'll have a meeting with the notary. The notary reads the purchase agreement word for word. After the signing, the notary handles the next steps, such as the priority notice of conveyance, registration of the land charge in the land register, etc. You can find all the details in this overview.

Yes, there are several cases where you can avoid paying speculation tax when selling real estate. The easiest way is to wait for the speculation period to end. However, you can also find other options under "Avoid speculation tax" take a look.

The speculation tax is basically an income tax. You have to pay it if you sell any real estate investment before the end of the speculation period of ten years and make a profit. Here, you can learn more about the law and how it applies to owner-occupied properties.

First, you need to gather objective facts about the property. These include:

• How long the property has been listed online

• What prices other properties in the same area are being sold for

• Whether the minutes from the most recent owners' meetings say that repairs or modernization work were planned for the near future

• Whether there is any other work pending on the property, such as the replacement of the windows

Time is of the essence when negotiating. The quicker you can get approved for financing from a bank, the better your chances are of getting selected by the seller and being able to talk down the price. Have a look at our real estat price negotiating tips.

There are different reasons that you might need interim financing. The most common situation is when you sell a property to finance a new one. In this case, you'll likely receive the money from the sale after you've paid the purchase price for the new property, so you'll have to bridge this time by taking out interim financing. We have summarized further reasons under "When you need interim financing for your property."

It's both a tax and personal decision. However, if you need a little more money in one fell swoop, you can achieve this by selling the property. However, if you want to sell a property to buy a new one with the money, there may be another option. What? Find out more here.

After paying the purchase price, the seller must take care of the following: handing over the property documents, notifying the administration of the change of ownership and informing the tenant about the change of the rent payment and the transfer of the deposit.

They can, but they do not have to. The buyer can sign the contract at the notary's office of his/her choice. The seller can have the contract approved at another notary's office.

The buyer usually pays the notary - therefore he may also choose the notary. With the completed purchase contract questionnaire, the buyer can easily and quickly have a notary appointment created at a notary's office of his choice.

Important: the seller and broker should always be on CC here in the notary's emails to know the current status. The contact details and e-mail addresses of all parties are on the purchase agreement questionnaire.

In most cases, the keys to a newly purchased property are handed over once the purchase price has been paid in full. The handover is specified in your purchase agreement. Should the seller agree to hand over the keys before payment of the purchase price, you'll need to make sure this is included in writing in the agreement.

If you plan to rent out your apartment or a purchased house, either you or a representative of yours will have to hand over the keys at the start and end of the lease period.

The real estate agent's commission is a type of fee paid to the real estate agent. The agent is entitled to this brokerage fee once the sale of the property has successfully gone through. Once the purchase agreement has been notarized, you'll receive a bill from the real estate agent in roughly one to two weeks. In many cases, payment is due within 14 days.

Your real estate purchase agreement needs to be signed by each contractual party, and it needs to be notarized. Otherwise, it won't be valid. Verbal agreements between you and the seller are not legally binding, so make sure that everything you agree on is included in full in the purchase agreement.

A professional – usually the notary – should prepare your real estate purchase agreement. The notary, who serves as a neutral third party to the agreement, bears witness that the buyer and the seller understand their rights and obligations. Before the deal is signed, the notary explains every issue and what it means for you and the seller. If you have any doubts, you can always bring in a specialist attorney or a second notary.

The following properties can be offered on the Urbyo marketplace after we have checked them:

• Rented apartments

• Selected vacant apartments

• Rented multi-family houses

These properties do not fit Urbyo's target buyer group and cannot be offerend:

• Commercial properties

• Properties with leasehold contracts

• Vacant multi-family houses

You are not sure? Just contact us at support@urbyo.com.

We earn our money through the successful brokerage of financing. If a buyer chooses one of our financing options, we receive a commission from our partner banks. For buyers, sellers and for you, the service remains completely free of charge - no matter which and how many services you use.