Real estate financing in Ober-Mörlen: Construction financing broker Thomas Geck provides insights

Real estate financing in Ober-Mörlen: Construction financing broker Thomas Geck provides insights

For years, the independent construction financing agent Thomas Geck has been compiling information on prices, conditions and developments in the Ober-Mörl new development area “Schießhütte II”. The interest rate development has also had an impact here. Some people willing to build have withdrawn, while others have moved up on the waiting list. In view of these developments, the question arises as to whether young families can still afford a home here given the high interest rates. It is not possible to make a general assessment as to whether a family can still afford a home today based on interest rates. Nevertheless, Geck emphasizes that creating property is worth it.

In any case, it requires thorough planning and individual determination of which interest rate makes the most sense and which bank offers the corresponding conditions. Independent intermediaries have the advantage of being able to compare several hundred banks directly on their portal, which has resulted in the intermediary ratio being over 50 percent in recent years. Thomas Geck was even awarded a special prize at the “Jungmakler Award”. He has positioned himself so well digitally that he can now share his experiences and expertise with many people with a podcast on financial topics and a large social media network.

The developments in the new development area and the planned construction projects on the Alte Zahnfabrik site in Nieder-Mörlen could indicate the target groups for a possible condominium. Geck assumes that, despite the interest rate development in the three-digit range, there are interested parties for the planned third construction phase in the new development area “Schützhütte II”.

According to a report from www.fnp.de