Thread: Downsizing
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Old 30.11.2020, 15:36
Opst Opst is offline
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Re: Downsizing

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How does one downsize in Switzerland ultimately.

No sale plans yet but should I decided to sell I have a mortgage of 500K, which I can afford, but thru money made in investments, not an income from a job.

Now if I sell and want to buy something smaller, without a job I won't be able to get a mortgage I assume... do I need to rely on the kids to deal with the bank on this?

How would this work? How does it work? You need a job to get a mortgage, which means I stuck rattling around a large property for the rest of my days?
I would ry to speak with a bank / insurance and see what they tell you.
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