Many families dream of having their own home - be it a small house in the countryside, a stylish old apartment or a chalet in the mountains. Do you dream of it too? We can understand that. Living within your own four walls is a special feeling. Let's go down this path together - from the initial dream to financing and handing over the keys.
Location determination: The beginning of every real estate financing
Before you buy a property, you should ask yourself a few questions:
- How urgent is your desire for home ownership?
- What do you already know about the purchasing and financing process?
- What is your budget?
Once these questions have been answered, you are well prepared for the next steps. If you are missing information, we recommend our seminars in the BEKB Atelier on all aspects of real estate financing.
Step 1: Understanding home financing
Very few people can buy their own home without borrowing money. A mortgage is a loan where the property serves as collateral. Do you know how much equity you have and what you can afford each month? This information is crucial in determining how expensive your dream home can be. Note: You must contribute at least 20% of the market value as equity.
How much can the property cost?
How expensive your new home can ultimately be is based on calculations and depends heavily on your available equity, your income and the loan-to-value ratio. Get an initial assessment of whether and at what price home ownership is affordable for you: Click here for our Mortgage calculator.
Step 2: Search for a suitable object
Consider your needs and budget when looking for a property. Use search subscriptions on platforms or ask around in your area. Find out about market developments in the Bern and Solothurn regions.
Step 3: Clarify financing
Have you found a suitable property? Apply for a financing confirmation from the bank. This shows potential sellers that you are ready to buy and that your financing is secured.
Step 4: Apply for your desired property
Once you have the financing confirmation, you can apply for your desired property. Don't forget to submit an offer that matches the type of purchase (fixed, negotiable or bidding process).
Step 5: Conduct negotiations and choose a suitable mortgage
The next step is to negotiate the purchase contract and arrange the financing. We will help you discuss your wishes and needs and select the right mortgage. Take your time when choosing your financing solution.
Step 6: Finalize purchase and sign contracts
Now you can sign the purchase contract at the notary and officially become the owner. Immediately afterwards, you will receive the loan agreements and the payment of the purchase price will be arranged.
Step 7: Long-term ownership
After the successful purchase, you are now the proud owner of your own home. At BEKB, we want to offer you sustainable financing and will continue to support you after the purchase. If your financial situation changes - whether due to divorce, unemployment, illness or old age - we will support you with our "Home provision". We help you to protect yourself against possible risks and check your situation at an early stage and free of charge.
Energy-efficient refurbishment: live more sustainably and save money
Are you planning a sustainable renovation of your home? With our mortgages, you not only benefit from lower energy costs, but also from an additional interest rate advantage when financing. Find out more about energy-efficient renovation and sustainable living from our partner myky.
If you can already answer all these questions for yourself, you are ideally prepared for the following steps in the real estate purchase process. If you still need more information in certain areas, we will be happy to provide you with the answers.
Visit our free seminar in the BEKB Atelier and exchange ideas with like-minded people or arrange a meeting directly with our Financial coaches.
