Agency law from December 2020 What do real estate agents have to pay attention to from 23.12.2020? For information for our brokers and E1 licensees: Shortly before Christmas, there was a change in the brokercommission commission: the new law on brokerage commission from 23 December 2020 was already adopted by the German Bundestag in June
First and foremost, real estate financing is financial support for the property. The term construction financing is also often used for this process. In countries such as Austria and Switzerland, there is talk of mortgages and mortgage loans.
Financing modules are divided into equity and debt capital. (Private financing for residential real estate consists of at least one of the two building blocks.)
It is not uncommon for banks to differ in areas such as interest rates, contracts and condition models in terms of financing. These different options can be unsettling at first, but they also have advantages. The above-specified contract options are not created by the banks as expected, but by credikbrokers. As these contractual options are disclosed, this creates competition that allows for different price ranges of financing.