Property Information | Real Estate Data

In view of the increasingly competitive property market in Germany, it can sometimes become almost impossible to find a centrally located annexe flat, an attractive plot in a good location or a dream house in the countryside. Furthermore, it often happens that a seemingly unused building plot or a terraced house that has stood empty for years attracts an interested party. The difficulty arises when one has finally found the object of one’s desire but does not know who the owner is or how to contact them. Kurtz Investigations Erfurt and Thuringia assists in such and many other property-related matters by clarifying ownership structures through real estate information such as land register searches and, where necessary, even establishing direct contact between interested parties and administrators or owners.

A land register inquiry carried out by Kurtz Detective Agency Erfurt includes not only the identity of the property owner, but also reveals any existing land charges (for example mortgages), clarifies hereditary lease arrangements and identifies particular circumstances such as restrictions due to listed building status or a nature conservation area. All this information, if obtained in good time, can prevent an unpleasant surprise after a hasty property transaction. If information regarding exact dimensions (size of the plot or the house) as well as the possibility of (further) development is required, our detectives from Erfurt will be pleased to assist you – nationwide: +49 361 2243 0020.

Verification Of Property And House Owners

Apart from pitfalls such as municipally imposed usage restrictions (for example a building ban), strict regulations due to a nature or water protection area or existing listed building status, there is always the risk in a property transaction of encountering a seller who is not trustworthy. In order to avoid property fraud and the misrepresentation of facts, our Erfurt corporate detective agency not only examines the property itself but also checks the property owner for hard facts such as creditworthiness, possible previous convictions, unpaid mortgages and so forth. In this way, doubts about the seller and their ownership can either be dispelled or confirmed – the latter then serving as a timely warning to the prospective buyer before purchase.

It is not uncommon for desperate plot seekers to fall for apparent bargains that turn into a nightmare after purchase: embellished dimensions, the concealment of land charges (colloquially referred to as “mortgages”), previously undisclosed building law restrictions concerning planned extensions or alterations, or hereditary lease regulations that may result in the property passing into the hands of third parties without the buyer, who may already have invested considerable sums and effort, being able to prevent it.

Mortgages, Foreclosure Auctions, Insolvency Proceedings – Land Register Information Creates Security.

Let us assume that a seller has concealed enormous debts from a prospective buyer. Some may now worry that by purchasing a property from this indebted person they will assume joint liability for repayment. However, since 1999 there has been no need to refrain from purchasing a property for this reason if one wishes to avoid becoming involved in payment obligations arising from previous liabilities. At that time, Section 419 of the German Civil Code was repealed without replacement, meaning that only debts actually secured against the property (land charges) pass to the new owner. Whether such encumbrances exist can in turn be determined nationwide by our private detectives from Erfurt through land register research.

Exceptionally high land charges represent a special case: if mortgages recorded in the land register exceed the purchase price, foreclosure auctions or enforcement proceedings may occur if the buyer is not in a position to discharge the entire land charge. Extreme caution is also required in the event of the seller’s insolvency, as the house, flat or plot may fall into the insolvency estate and, in the worst case, buyers may lose not only their money but also their newly acquired property. You can therefore see that the precautionary involvement of our Erfurt detective team can avert genuine residential nightmares and horror scenarios at an early stage.

Valuation Of The Plot Or Property

Our Erfurt corporate detectives are regularly commissioned not only for research purposes and contact information in connection with property transactions, but also to determine whether plot or house prices have been set appropriately or whether prospective buyers are to be deceived. Through our cooperation with professional surveyors and valuers, our clients are always on the safe side and may of course refer to us during negotiations, as well as to the Property Valuation Ordinance, abbreviated to ImmoWertV, applied in the assessment, which ensures an objective and comprehensible determination of value.

The value of a property is influenced not only by obvious factors (size, location, condition, transport connections, infrastructure, current and future property market), but also by information that is difficult for laypersons to obtain: legislative changes, municipal development plans, increases or decreases in value due to changes in the immediate surroundings (planned bypass road, opening of new schools, supermarkets) etc. Furthermore, it is naturally important to take into account biotopes and nature or wildlife protection areas located on the property when determining its value – something that sellers do not always consider.

Safeguarding Before A Property Transaction Through The Investigators Of Kurtz Investigations Erfurt And Thuringia

If, shortly before acquiring a property, you wish to eliminate any doubts, obtain precise plot data and background information regarding the seller’s creditworthiness and previous convictions, please feel free to contact our private detective agency in Erfurt. Through our professional and discreet work, we assure you of results as promptly as possible and court-admissible evidence should proceedings arise and evidential material be required. With our contacts to institutions, authorities and surveyors, we offer you a comprehensive service package designed to protect you from any unpleasant surprises when purchasing property or land.

You can reach us during our business hours (Monday to Friday from 08:00 to 20:00) via our contact form, by e-mail (kontakt@kurtz-detektei-erfurt.de) or on the following telephone number: +49 361 2243 0020.