FAQ
At RE/MAX SWEET HOME, we understand that buying, selling, or renting a property can be a complex experience. To help you navigate this process, we have gathered here the answers to the most frequently asked questions from our clients.
1. You want to buy a property
What should I consider when buying a house?
When buying a house, it is essential to consider your budget, the location, your search criteria (property size, surrounding amenities, etc.), and the general condition of the property. Our agents are here to help you find a property that meets your needs and budget and to guide you through the entire buying process.
What are the different steps when buying a property?
The property buying process involves several steps: financial preparation, property search, visits, negotiations, offer validation and sales agreement, bank approval, and notarization. Our team of certified real estate agents will assist you throughout these steps.
Once an agreement is reached, we draft the sales agreement to be signed by both parties (buyers and sellers). The buyer then obtains (if necessary) a bank loan. The deed of sale is signed before a notary and then registered. It is essential to work with professionals to ensure compliance with regulations throughout the process. We ensure a stress-free experience!
How do I obtain a mortgage?
To obtain a mortgage, you need to assess your financial situation to determine the amount you can borrow. Compare bank offers to find the best interest rates, terms, and associated fees. You will then receive a pre-approval, where your creditworthiness and borrowing capacity will be evaluated. This will give you a clear idea of your buying budget and make your future offer credible to sellers.
It is recommended to consult a financial advisor to guide you through the process. We have financial partners who can advise you at every step.
What are the costs associated with buying a property?
In addition to the purchase price, you should budget for costs such as registration fees equivalent to 7% of the purchase price. However, you may be eligible for the "Bëllegen Akt" tax credit. Other costs include notary fees, bank fees, insurance fees and property taxes. We will help you understand all these costs based on your personal situation to ensure peace of mind and the feasibility of your project within your overall budget.
2. You want to sell your property
How do I estimate the price of my property?
We offer a free evaluation of your property based on criteria such as location, size, general condition, specific features, and current market prices. We conduct our estimation in two stages: we visit your property and then provide you with a complete report with the estimated sale price. This ensures your property is listed at a competitive and realistic price.
How long does it take to sell a property on average?
The time it takes to sell a property can vary depending on various factors such as location, price, and market demand. We can provide you with a free estimate based on the local market analysis, enabling you to sell your property quickly and at the best price.
What are the benefits of working with a real estate agent to sell my property?
Our certified professional real estate agents bring their market expertise, network of contacts, and effective negotiation skills. They also implement marketing plans to sell at the best price. Our agents handle the entire process, from the initial evaluation to the closing of the sale, ensuring a smooth experience for you.
3. You are looking for a rental
What should I consider when looking for a rental?
When looking for a rental, it is important to consider the location, monthly rent compared to your income, offered amenities, pet policies (if applicable), lease duration, and general rental agreement terms.
What are my rights and responsibilities as a tenant?
As a tenant, the landlord must ensure you live in a safe and healthy environment as defined in the lease agreement. In return, you are responsible for paying rent on time, keeping the property clean and in good condition, and adhering to the lease terms.
What should I do if there are problems or repairs needed in the rental property?
If you encounter problems or need repairs, you should immediately contact the landlord. We have a network of reliable professionals who can make repairs quickly and efficiently.
Can I personalize/decorate my rental property?
The ability to personalize your rental property depends on the landlord’s policies. It is generally permitted to decorate the interior, but structural modifications usually require the landlord’s prior approval.
How do I get my deposit back at the end of the lease?
At the end of the lease, your landlord will assess the condition of the property. If it is in the same condition as when you moved in and all lease terms have been met, your deposit will be returned, with the possibility of an adjustment being made to the advance payments on charges you have made, either upwards or downwards.
4. You want to rent out your property
How do I set the optimal rent for my property?
Setting the right rent is essential to attract tenants while optimizing your income. As certified real estate agents, we conduct a comparative market analysis to determine competitive rent based on similar properties in your area.
What are my responsibilities as a landlord?
As a landlord, you are responsible for maintaining the property in good condition, respecting tenants’ privacy, and promptly responding to repair requests.
How do I minimize risks and choose reliable tenants?
We conduct thorough background and financial checks on prospective tenants to ensure you rent to reliable and solvent tenants.
How do I prepare my property for renting?
We can provide advice on necessary improvements to make your property attractive to tenants, which may include minor repairs, paint touch-ups, and updates to certain amenities.
