Need to sell your property but don’t want to lose a great mortgage rate on it? It’s possible.
Alexander came to me through a referral. He had just bought a new house and needed to sell his three-bedroom apartment. But there was a catch—his current mortgage had excellent terms that are no longer available on the market.
When you know the Czech real estate market well, there’s always a solution. I suggested transferring the mortgage from the apartment to the new house. Some banks allow this, as long as the value of the new property is at least 20% higher than the remaining loan balance.
The buyer of the apartment was also financing with a mortgage, so the whole process took about three months. But everything went smoothly: Alexander kept his great interest rate, avoided extra costs from getting a new mortgage, and received the full sale price of the apartment.
I handle all kinds of cases—from straightforward to complex.
Thinking about selling, buying, or need help with a mortgage? Get in touch with me.
Alexandra Kurbanova – real estate agent in Prague and suburbs.
Connect with me (Whatsapp, Viber): +420 606 171 876