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The 2% is worth it. It's an expensive, but essential step in Germany. Because there isn't a default real estate purchase contract, so you need to trust that y
by thiago_fm 3y ago
The 2% is worth it.
It's an expensive, but essential step in Germany.
Because there isn't a default real estate purchase contract, so you need to trust that you'll receive the property. It's like paying a lawyer to mediate an expensive purchase, and they carry some legal risks with it.
They also do the bureaucracy with the government to add your name to the Grundbuch (it's a book from the government about who owns what % of a property), and also clean up the previous debts that it had (they are written there).