There is more than just one concept of value
Glossary to the glossary Not all values are equal. Accordingly, the concept of value in the real estate sector is multifaceted. The mortgage lending value is defined in § [...]
Mortgage lending value
A heritable building right can entail additional costs when buying real estate in Munich.
Glossary to the glossary There are always properties for sale that are marked with a heritable building right. These properties are usually
The lending limit is a percentage value that relates to the mortgage lending value of a property.
Glossary of terms In the financial sector, the credit limit is expressed as a percentage (e.g., 60% or 80%) of the value of the real estate mortgage loan.