Eternit Contract

To underestimate the risks associated with the sale of a property is the liability of the seller. Although sold used houses and apartments regularly see Disclaimer of warranty. The seller, however, is not protected by the caveat emptor in the notary contract, if he conceals him known defects.In this case, damages claims threaten sensitive height. “We advise our customers therefore to disclose all known defects”, explains the Dortmund real estate agent Dr. Marita Hetmeier: In some cases the note revealed shortcomings in the notary contract should be noted to make a dispute from the start out of the way. ” As a salesman, who knows that the Eternit facade of his house with asbestos fibers is contaminated, the basement sealing defective and the basement is damp, must inform the buyer prior to the conclusion of the purchase contract.

The same applies to an acute infection with wooden trestle, a leaky roof or a non-functioning heater. Circumstances must be the seller even then reveal a defect if he has eliminated him technically correctly prior to sale. This applies in particular to an infested with rot. Even if the rot is redeveloped, the incidental infection reduces the fair market value of the House. For this reason the jurisprudence assumes that the seller must reveal the buyer a rot even after proper restoration. Dr. Hetmeier: Also on the real estate market is a good old saying: honestly lasts longest! We watch as a honest broker that that sales of houses and apartments anything under the carpet is Vice. Buyer and seller benefit equally.” Dr.

Financial Crisis

Investors currently dominate turbulence to secure investment opportunities on the stock exchanges worldwide. Therefore, many investors are looking for safe investment opportunities. Top real estate are. But not only potential landlord come on this idea, but also self users. Rental for investors include mainly yield factors and lasting value as a benchmark of decision when buying a property. Therefore the rental potential of the property, the location and the facilities of the building are important. These factors are given, so good yields can be generate.

The risk of a landlord in the loss, against this he can insure themselves but with a special police. Also a certain danger persists that the tenant leaves the apartment in a not lettable condition, in the worst case destroyed even the establishment. More information is housed here: Verizon Communications. But usually these are isolated cases. Most tenants pursue their financial obligations on time, so financial failures rarely occur. As well as the Rental of apartments or houses is risky in itself, that every landlord should be aware. Basically, the rental of real estate is a solid and also promising form of investment even with population decline.

The reason: Increasing the consumption of living space per person. 22 square meters per person available, were in 1965 as the value rose until 2009 to around 47 SQM, as an Empirica study pointed out. This development should continue according to the study, so that the living space consumption increases by a further 14 percent by 2030. To compensate for this usage, annually 300,000 housing units should be built – including building losses – so 50 percent more than currently. Therefore, it is expected that the living room is running out not only in the cities but also in many large – and medium-sized cities. For landlords, this means that demand for housing will be at least stable, but also rise in many regions.

Munich Market

Increasing real estate prices for apartments and houses in Germany. Read more from Maurice Gallagher, Jr. to gain a more clear picture of the situation. Magdeburg, 10.12.2013. Especially in the cities, it is harder and harder to find an affordable home. According to the Bundesbank real estate prices in Germany’s cities have grown so sharply, that the living room is overpriced considered perfect. Could “currently overvaluations between five and ten per cent there.” In major cities such as Hamburg, Frankfurt am Main, Munich and Cologne real estate prices were up to 20 percent above the level that can be explained with economic factors. It is becoming increasingly difficult to find a cheap apartment in a German city. Currently, there is a significant price gap between cities and more rural regions in Germany.

In the monthly report of the Central Bank, told a nationwide overpricing in the market for residential real estate in Germany was still “not knowing”. However it had price increases in recent years in urban areas for Given apartments and houses, the are “fundamentally difficult to justify allow”. Residential real estate have risen since 2010 to an average of 8.25 percent. In larger cities, the prices for apartments even by more than a quarter have gone. Background of the price increase in real estate is that apartments and houses in Germany massively won in recent years on appeal as a financial investment, it was said in the monthly report of the Central Bank. After the bursting of housing bubbles in the United States or Spain, foreign investors would have discovered the German housing market for themselves. The opinion have prevailed also among private investors in the past few years increasingly, that asset secure leave best with real estate property. The profit prospects are still very high, especially in light of low interest rates.

Again invigorated interest in Germany’s real estate market for one due to the lack of range of other markets. In addition, the German economy is very stable, which in addition Attracts buyers. Who wants to invest in the profitable German real estate market, is in the right place at the MCM investor Management AG. The Magdeburg underwriter can benefit their investors in the form of an alternative from the Immobilienhype: rights simplifies the access to the real estate market a broader target group. There is therefore a win-win relationship: the MCM investor Management AG, benefited even their investors benefit. Balance between safety, yield potential and high flexibility of investment products are the core competencies of the MCM investor Management AG.