In case a buyer of a property in Germany requires real estate financing from a German bank, Ahnefeld Law will help with collecting the necessary legal documents for the application process with the bank and coordinate this with your financing broker. We advise you on the creation of mortgage for the bank and may represent you in the notarisation of it before the notary in Germany. After a financing agreement was successfully signed, the bank and the financing broker have done their jobs. That is when our part becomes even more necessary here, because we support and help our clients when they need to “call in” the loan for payout to the seller. We thereby guarantee a smooth transaction so that payment deadlines are met.
Ahnefeld Law is conducting for you also a careful and short term due diligence on the property you intend to buy to make sure any “red flegs” are not overseen and you “know” what you purchase.