Real estate market up close: What happened to Markus when he wanted to sell his parents' house

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René will Rendite

Published on Mar 31, 2024
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My financial friend Markus is currently in the process of selling his parents' house. At the same time, an apartment was bought for his mother. We don't want to withhold from you what he experienced, what prices are still achievable and what he and his family learned in dealing with banks, brokers and the notary. Because the case gives deep insights into what is really going on in the real estate market at the moment. Knowing this could also be helpful for you. ???? Analyses and assessments of the stock market situation once a week - order my newsletter here https://www.focus.de/188308073?UTM=yo... 0:00 Welcome 0:23 "Astronomical prices like in the used car market": This is how drastic the actual price drop is 3:47: Swap your parents' house for an apartment - why that's a mistake 4:46 "But that's not a good idea," said the broker 6:57 Living rent-free in old age? “Many property owners lie to themselves” 8:33 New buildings are practically unaffordable 9:51 Heat pump or pellet? The heating bomb in old buildings 13:52 The madness with the old mortgages: Do you still have all the documents? 18:29 An empty house is easier to sell than a full house 19:34 The aha moment with interim financing 22:54 How Markus became a fan of the local Volksbank 24:16 Bank, broker, demands: “You have to swallow a few more bitter pills” 26:08 Broker or not? These are the pitfalls 28:43 Buying a new apartment: Is it particularly easy at the moment? 29:41 This is why an apartment is currently not worth it for many investors 34:09 The most important learnings for you

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