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suitable properties |
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as a buyer's agent my main job would be to scan the market and provide you with a selection of suitable properties. You then make your choices and together
we will visit a number of properties together with the seller's agent and / or seller himself. If you prefer I can also visit the properties on your behalf and report to you. |
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negotiations |
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I can pass on my experience with the Berlin property market in negotiations with estate agents and owners. Agent fees are significantly higher in Germany than
in most other European countries. Helping to negotiate those fees as well as the purchase price represents a significant cost reduction. |
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due diligence |
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once a decision on one or more properties has been made it is essential to conduct a thorough due diligence. This should cover the financial and legal aspects
(tenant contracts, service contracts etc.) as well as the technical part that deals with the building structure and possible deficiencies. My existing network includes solicitors,
surveyors and architects to guide you through this process. |
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purchase contract |
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if the due diligence is positive and the parties have agreed on the financial terms it is necessary to come to an agreement on the wording of the purchase
contract. I can offer you an approved standard contract in German with an English translation by a state-approved translator. Nevertheless there will almost always be changes to a
standard contract that need to be negotiated. A solicitor from my network provides this service. |
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notary |
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finally the contract needs to be signed and notarized. I'm happy to introduce you to a fluently English-speaking notary who I have worked with many times. If for whatever reason (long travel distance) you can not attend the notary meeting I can sign the purchase contract as your representative. You will later have to confirm the purchase contract at a German consulate or embassy in your home country. |
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official correspondence |
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after the actual signing some official correspondence with local authorities will occur (tax related, land registry etc.). I can offer to supervise this and make sure
deadlines are kept. This would be in close cooperation with the notary. |
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property management |
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at this point you might want to use a property management company that is based in Berlin. My service includes introducing you to one or more property managers. The choice is yours! |
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company structure / taxes |
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if you're planning to invest a little more money and not just buy a single flat it may be useful to found a company. For tax reasons it is essential to get advice on a range of scenarios. Is it better to buy as a private person or to found a buying company? What form of company
is preferable? Where should it be registered: Germany, Off-Shore or your home country? To find answers to these questions it makes
sense to seek the advice of a German tax adviser. I'm happy to introduce you to a counsellor who is part of my network. |
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financing |
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if required I can also introduce you to financing Institutes and agents. |
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auctions |
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property auctions and particularly forced auctions are an interesting alternative for the more adventurous, if this is of interest to you I can help, advise and represent you. |
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