{"id":5478,"date":"2019-04-06T15:18:37","date_gmt":"2019-04-06T13:18:37","guid":{"rendered":"https:\/\/www.mon-agent.lu\/?page_id=5478"},"modified":"2019-04-09T06:30:57","modified_gmt":"2019-04-09T04:30:57","slug":"faq-for-buyers","status":"publish","type":"page","link":"https:\/\/www.mon-agent.lu\/en\/buying-in-luxembourg\/faq-for-buyers\/","title":{"rendered":"FAQ for buyers"},"content":{"rendered":"

[vc_row content_width=”grid” triangle_shape=”no” css=”.vc_custom_1554618612605{padding-top: 50px !important;}”][vc_column][vc_single_image image=”3898″ img_size=”full” style=”vc_box_border” css=”.vc_custom_1554462413020{padding-bottom: 50px !important;}”][vc_column_text]<\/p>\n

Answers to the most common questions<\/h2>\n

[\/vc_column_text][mkd_accordion style=”accordion”][mkd_accordion_tab title=”Is there any government money available to help first time Buyers? Are there programs to help with closing costs?” title_tag=”h3″][vc_column_text]Yes. In Luxembourg, a buyer may get a help of 20 000 \u20ac to pay the registration fees. It rises to 40 000 \u20ac for a couple of buyers.[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”Can I get out of an offer if I have a financing condition? Do I have to prove I didn\u2019t get financing?” title_tag=”h3″][vc_column_text]This seems to be an oddly frequent question \u2013 odd because if you get to the point of having made an offer, I\u2019d like to think your agent would have explained the financing condition to you. A financing condition is defined as \u201ca requirement that is fundamental to the very existence of the offer.\u201d A breach of a condition allows the Buyer to get out of the contract. If your offer is conditional on financing, you have a duty to seek financing in good faith (meaning you can\u2019t just change your mind about the house the next day and back out of the deal saying you couldn\u2019t get financing). Whether or not you have to prove you didn\u2019t get financing depends on the wording of the clause your agent used.[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”Who pays the notary fees and registration fees?” title_tag=”h3″][vc_column_text]Buyers pay registration fees and notary fees in Luxembourg.[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”How much is the registration fee in Luxembourg?” title_tag=”h3″][vc_column_text]The registration and transcription fees for a property are 7% in Luxembourg.<\/p>\n

In Luxembourg City, a 3% municipal surcharge applies to any building that is neither a single-family house, nor a rental house, nor a plot of land for building a single-family house or a rental house, thus increasing these registration and transcription fees to 10%.\u00a0Detail: City of Luxembourg website<\/a> (Chapter A-5 Page 19 – Municipal surtax on registration fees)[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”How much are the notary fees in Luxembourg?” title_tag=”h3″][vc_column_text]In Luxembourg, notary fees vary according to the value of the property in a range from 1500 to 3000 \u20ac in general.[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”Is 20% down needed in Luxembourg?” title_tag=”h3″][vc_column_text]<\/p>\n

Generally, in Luxembourg, a first-time Buyer needs a minimum 20% downpayment to buy a house or flat. If you have less than a 20% downpayment, all the doors are not closed.<\/div>\n

[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”Do I need a real estate agent to buy a home?” title_tag=”h3″][vc_column_text]<\/p>\n

\n
No. You can buy a home by yourself. Real estate agents can help protect your interests by providing guidance on neighborhoods and specific buildings\/houses, negotiate prices, help with obtaining financing and have in-depth knowledge of unique Luxembourg issues like Energy Pass. Sometimes, your agent will be able to show you some properties that are not listed on Internet.<\/strong> Of course, I\u2019m biased, but if you\u2019re about to make the biggest financial investment of your life, wouldn\u2019t you want to do it with someone who lives and breathes the real estate market every day?<\/div>\n<\/div>\n

[\/vc_column_text][\/mkd_accordion_tab][mkd_accordion_tab title=”Who is the best real estate agent in Luxembourg?” title_tag=”h3″][vc_column_text]<\/p>\n

\n
\n
That depends on how you define \u2018best\u2019. Real estate agents differ in the neighborhoods they know, the type of properties they sell (flats or houses), the amount of experience they have, the number of homes they sell and, of course, their overall approach to their clients. Decide what\u2019s important to you, ask your friends\/relatives for referrals, check online reviews and, of course, give us a call. If we don\u2019t think we\u2019re the best real estate agent to help you find what you\u2019re looking for, we\u2019ll put you in touch with someone who is. We have relationships with all kinds of agents all over Luxembourg.<\/div>\n<\/div>\n<\/div>\n

[\/vc_column_text][\/mkd_accordion_tab][\/mkd_accordion][\/vc_column][\/vc_row][vc_row triangle_shape=”no”][vc_column]

\n\t
\n\t\t
\n\t\t\t

Free and without commitment
\n<\/span>our team answers all your questions<\/strong><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>

\n\t
\n\t\t
\n\t\t\t

Looking to buy a house or a flat in Luxembourg?<\/strong><\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t

\n\t\t
\n\t\t\t

Start here.
\nWe know how to get you the home you want.<\/strong><\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t

\n\t\t
\n\t\t\t
Find out how [blogtitle] helps buyers <\/i><\/a><\/span><\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>[\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"Looking to buy a house or a flat in Luxembourg? Start here. We know how to get you the home you want. Find out how [blogtitle] helps buyers","protected":false},"author":1,"featured_media":3899,"parent":3676,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"full-width.php","meta":{"footnotes":""},"class_list":["post-5478","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/pages\/5478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/comments?post=5478"}],"version-history":[{"count":15,"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/pages\/5478\/revisions"}],"predecessor-version":[{"id":5563,"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/pages\/5478\/revisions\/5563"}],"up":[{"embeddable":true,"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/pages\/3676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/media\/3899"}],"wp:attachment":[{"href":"https:\/\/www.mon-agent.lu\/en\/wp-json\/wp\/v2\/media?parent=5478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}