You wish to sell or buy your property in all serenity ?
Good-ID Immo answers your questions
The questions and answers below are exhaustive and we invite you to contact us in order to better prepare you for the sale or purchase of your future home
How to finance yourself to find a property?
It is essential to know your financing potential beforehand, to know what your maximum debt capacity is. To do this, you must consult your bank, with your financial file. On the basis of your income and assets, the bank will be able to calculate the maximum amount of a real estate loan that it could grant you. This will allow you to know how much money you have available for the purchase of a property. Doing so allows for a quicker decision and can be decisive in the case of a seller wishing to sell quickly. Note that mortgage interest is tax deductible. Therefore, acquiring a property with 100% equity is not necessarily the most financially interesting solution in Switzerland.
What percentage of equity is needed to purchase a property?
The percentage of equity required to purchase a property is at least 20% of the value of the property. This is the case if the bank assesses the value of the property at its market value. If the bank takes into account a lower value of the property in its loan calculations, the buyer must add the difference in equity. Please note that you must add the notary and registration fees, as well as the fees for the constitution of a mortgage; these fees must be financed by the buyer from his own funds, as they are not financed by the bank. Count on approximately 6% of the sale price.
How to negotiate the sale price?
Each object is unique and each negotiation is different. But it can be useful, before the acquisition, to take a look at the object and the work to be done. If the work is substantial, you may be able to influence the selling price.
How to deduct the cost of the work from your taxes?
For maintenance work, a list of tax-deductible work is updated annually by the tax authorities. Indeed, not all work is deductible. It should be noted that expenses related to energy savings are deductible.
What is the rental value?
The rental value is the fictitious value determined by the tax authorities for owner-occupied property. This value is based on the idea that you would theoretically have additional income available to you if you rented your home rather than occupying it. This notional value is added to the taxpayer’s income and is taxed as such. This value is determined according to a certain number of criteria that you can find on the ad hoc form available on the tax administration’s website.
How can I get advice on mortgage financing?
If you would like advice on mortgage financing, please email us at email@example.com and indicate
The nature of your request
The contact information where you can be reached
Upon receipt of your request, someone from our team will contact you.
How do I receive an offer for a search mandate?
If you wish to receive an offer of a search mandate, please send us your request on our page You are looking for
As soon as we receive your request, someone from our team will contact you.
How do I sell my property?
If you wish to sell your property, send us your request on our SELL page indicating
The type and address of the property for which you want a brokerage offer
The contact details where you can be reached
As soon as we receive your request, someone from our team or a partner from our agency will contact you.
How to renovate or enhance my property?
If you wish to renovate or enhance your property, you can contact us for renovation on our Home Staging page or for enhancement on our Real Estate Marketing page
As soon as we receive your request, someone from our team will contact you.
How can we estimate the sale value?
The price of a property is the most important factor in a sale, a price that is too high could leave the property on the market for several months, which would devalue its value in the medium term.
Certain statistical tools allow us to evaluate the fair market price according to the sales realized on the same geographical sector. For an estimate, go to our page Estimate your property
What is the pledge value
Most real estate purchases require financing from a bank or insurance company.
During the analysis of the loan application, the lending institution will issue a financial estimate of the property = the pledge value.
If this pledge value is far from the purchase value, the borrower will have to provide in addition to the equity, an additional contribution corresponding to this difference.
What are the advantages of an exclusive brokerage mandate?
The exclusive brokerage contract allows you to sell your property more quickly, there are also mixed contracts, which Good-ID Immo = exclusive contract for the first 3 months, then non-exclusive thereafter, which will allow the owner to mandate another agency (it is not advisable to choose more than 2 agencies, unless emergency)
What are the steps at the notary’s office?
There are 2 main stages at the notary’s office:
The reservation of the property: the notary prepares a deed of reservation of the property to be purchased, this reservation will be effective only when the deposit of 10% is paid on the account of the study and when the deed is signed by the 2 parties seller and buyer
The transfer of ownership: the notary verifies everything concerning the property, he prepares the mortgage schedule (guarantee for the bank which will allow the release of the funds of the mortgage loan), draws up the final deed of sale which will be signed by the 2 parties, the notary then takes care of transmitting the file to the land register.
How long will it take to sell a property?
The time it takes to market a property is always uncertain.
The exact time it takes to sell a home depends on several factors, including the following:
The time of year you list your home for sale: homes tend to sell faster in the spring and early fall.
Local real estate market conditions: Homes sell faster in a market where there is less supply than demand.
The condition of your home: homes in excellent condition may sell faster than those that need more work.
CAUTION: when a house stays on the market for a long time, the charges keep running. And a property that is not lived in deteriorates more quickly. It is therefore important to target the value of your home to avoid this financial loss.
What is the main role of the real estate broker?
The real estate broker must provide you with all the advice and arguments that will be most useful to help you make the right choice. When the sale mandate is signed, he must promote the property sold by all the means at his disposal, with the ultimate goal of finding the right buyer at the right price!
How do you price your home competitively?
Finding the right price for your home can be a challenge, but it is one of the most important factors in a successful sale. Homes that are priced correctly are more likely to sell quickly.
According to one study, 57% of homes sell for the same or higher price when an offer is accepted within the first week. In the second week on the market, this percentage drops to 50% and tends to decrease as the weeks go by.
As a first step, look for comparable properties: comparables are records of recently sold properties. It is important that the comparables you use as a reference are similar in size and condition to your property, and are located in a very similar area – the closer they are to your home, the better.
You can use online appraisers to give you an “idea” BUT be aware that these online appraisal sites have a common goal of volume and taking email in order to resell your personal data. Moreover, their estimates are never accurate but approximate, because generated by algorithms not very reliable.
I want to sell my property. What documents should a buyer ask for?
The administrative file of a sale is complex. For our part, we ask for several documents:
– Documents relating to your personal situation;
– Documents relating to your property rights: title deed (notarized deed signed at the time of your purchase), or deed of partition, certificate of ownership (in case of succession);
– Document relating to the financial situation of the PPE and the seller co-owner;
– Document relating to the obligatory diagnoses, according to the type of good (house or housing in joint ownership).
– Document relating to the organization of the building: for example the minutes of the General Assembly, the rules of the PPE.
It is preferable to contact us to set up an appointment to discuss your situation and your specific needs.
How can a real estate broker help me sell a property?
No property sells above market value. Therefore, it is necessary to have a good grasp of local sales to accurately estimate the value of your property.
A real estate broker has a thorough knowledge of the area and how your home compares to others on the market.
He or she will have a good idea of what price you can get for your home and how to improve its value.
At the time of the appraisal, he or she will make sure your home is priced right, which will help you maximize your offers and sell your home faster. They will also take care of all the paperwork, marketing your home and coordinating showings.
Real estate brokers are not only helpful in making an estimate, they also provide a network of professionals throughout the selling process.
Should I buy or sell first?
Both options have their advantages and disadvantages. That’s why it’s best to contact us to set up an appointment to discuss your specific situation and needs.