How much money will I as seller receive?

Last Updated On May 07, 2020

 

You will receive the purchase price less amounts such as:

  1. the outstanding balance on your existing mortgage bond also called cancellation figures;

(please note that

  • the interest on your bond will keep running until the registration date;
  • you should notify your bank of the sale to limit any penalty interest that the bank might levy).
  1. cancellations costs (these are our costs in respect of the cancellation of your existing mortgage bond);
  2. municipal clearance figures and levy figures (these figures always include an amount in advance, typically estimated figures for three months);
  3. agents’ commission;
  4. the costs of an electrical certificate of compliance.

Volker Krüger