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Renovations and modernizations can significantly increase the value of your property and appeal to more potential buyers. These include cosmetic improvements such as fresh paint and new flooring, kitchen and bathroom modernization, energy-efficient upgrades, street appeal and landscaping, repairs and maintenance, professional cleaning, home staging, and inspections. In all cases, it is advisable to speak with a real estate professional to determine the best options for your specific situation and maximize your return on investment.   For example, you can conveniently book a customized renovation roadmap on my website under Services.

The term of your home loan depends on various factors such as the amount of the monthly installment, the loan amount, and any special repayments. However, you can choose the fixed interest period yourself. Since the beginning of 2022, interest rates had risen steadily, but we have been seeing interest rate cuts again for several months now. Dr. Klein, my partner for real estate financing, expects a sideways movement in the first half of 2025. Therefore, I recommend a shorter fixed interest rate at this point in time. You can find the Dr. Klein construction loan calculator on my website under Financing. Here you can calculate daily construction loan rates, monthly installments, and total costs.

If the partners cannot agree on the division of the property after the divorce, this can lead to legal disputes. In this case, various steps can be taken: Mediation: The partners can engage a mediator to help resolve their differences. A mediator is a neutral person who helps to reach an agreement that is acceptable to both parties. Court proceedings: If an agreement cannot be reached through negotiation or mediation, one of the partners can take legal action by going to court. The court will then examine the matter and decide how the property is to be divided. Sale of the property: In some cases, the court may decide that the property should be sold and the proceeds divided if the partners cannot agree. Legal proceedings can be costly and time-consuming and are often associated with emotional stress. It is therefore advisable to seek alternative ways of resolving the conflict and to seek professional advice in order to find the best options. You can download the guide "Real Estate in Divorce" free of charge from my media library.

An energy performance certificate is also required when selling or renting a condominium. However, the energy performance certificate is not issued specifically for an individual apartment, but always for the entire building in which the apartment is located. This means that when selling a ground floor apartment and an attic apartment in the same building, the same energy performance certificate applies, even though the energy consumption in both apartments may be very different. You can conveniently order an energy performance certificate (both energy demand and energy consumption certificates) yourself on my website under Services.

As the owner of a residential building with more than four residential units, you can choose between the two options. For residential buildings with a maximum of 4 residential units, you have a choice if the building application was submitted after November 1, 1977, or if the building at least complies with the standard of the first Thermal Insulation Ordinance of 1977, or if the house has been brought up to this standard through subsequent modernization measures. For all other properties, the energy demand certificate is mandatory. You can conveniently order an energy performance certificate (both energy demand and energy consumption certificates) yourself on my website under Services.