1. Skipping a Professional Property Inspection
Don’t assume German construction is flawless. Always get a certified inspection to uncover hidden issues.
2. Not Understanding Ownership Types
Know the difference between "Eigentumswohnung" (condo ownership) and "Teileigentum" (partial ownership). It affects your rights and costs.
3. Ignoring Ongoing Costs
Be aware of annual property taxes (Grundsteuer), homeowners' association fees, and maintenance costs.
4. Misjudging Financing Options
Compare German mortgage lenders, and understand your eligibility as a foreign buyer. Consider local vs. international rates.
5. Not Hiring a Notary Early
In Germany, all property sales must go through a Notar (notary). They don’t work for you or the seller, so hire a consultant if needed.
Haus Morgenruh Pro Tip: We provide end-to-end buyer assistance, including legal review, financing help, and property evaluation.
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