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  #21  
Old 19.06.2017, 15:20
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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Thank you for this very helpful clarification.

In North America (where I am from) each of the buyer/seller typically have their own agent and the fee is typically split into four parts (to each of the two individual agents, and to each of their two agencies)

regards
bb
I'm a Yank, and used to the same - buyer's and seller's agents, buyer's and seller's lawyers. That there is nothing like the level of consumer protection that I took for granted back home came as something of a shock when we bought here.

Caveat emptor!

(And when I sell, there will be a whole lotta caveat venditor. Always remember: When it comes down to it, the agent only works for himself. Whichever side you are on, when dealing with agents bring a long spoon.)
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  #22  
Old 19.06.2017, 15:20
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

Yes, the fee does vary a lot by canton as many people already told. ZH is on the cheaper side.
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  #23  
Old 19.06.2017, 15:26
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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I'm a Yank, and used to the same - buyer's and seller's agents, buyer's and seller's lawyers. That there is nothing like the level of consumer protection that I took for granted back home came as something of a shock when we bought here.

Caveat emptor!

(And when I sell, there will be a whole lotta caveat venditor. Always remember: When it comes down to it, the agent only works for himself. Whichever side you are on, when dealing with agents bring a long spoon.)
One our two buys and one sell, the notary/lawyer was always ours, and was also the agent in the sale.

No other notaries/layers/agents involved!

Tom
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Old 19.06.2017, 15:26
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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It is 3% here, not .3%.

14k for a 465k apartment, 2.3k for a 75k house.

Don't know what it is in ZH.

Tom
I like the way you selectively quoted me, to remove the reference that the entire thread has been about Zurich, not your "here" which I presume is Lugano.

I can see you are in troll mode. Very classy of you. Helps to ensure confusion, and undermine the value of this board.

Here is my unedited quote.

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The original Homegate article and the 0.2% I quoted from website were both in reference to the same canton (Zurich)

From the document that ivank provided it is approx 0.3%, not the 3% you just quoted. I presume you meant 3‰, and not 3%.

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bb
I expect I shall now my third groan from you, because I called out your childishness.

bb
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  #25  
Old 19.06.2017, 15:32
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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I like the way you selectively quoted me, to remove the reference that the entire thread has been about Zurich, not your "here" which I presume is Lugano.

I can see you are in troll mode. Very classy of you. Helps to ensure confusion, and undermine the value of this board.

bb
You're quite grumpy aren't you!

FYI the actual closing costs can end up going all over the place - sure there are base costs (already outlined) - and they can be split between buyer and seller - especially it cases where there is an element of tax optimization on one side or the other.

Then there might be the case of one side insisting on a clause be added and the costs carried by one party.

Budget 0.5% and give or take you'll be fine.
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Old 19.06.2017, 15:35
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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I like the way you selectively quoted me
Only lazy buggers don't selectively quote.

Tom
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  #27  
Old 19.06.2017, 15:41
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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One our two buys and one sell, the notary/lawyer was always ours, and was also the agent in the sale. :
You don't get this luxury of choice in ZH, notaries are a stricly state run institute in this canton, you'll have to go to the official one in the area.
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Old 19.06.2017, 15:42
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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I expect I shall now my third groan from you, because I called out your childishness.

bb
You did well, you got 3 for this post alone !
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  #29  
Old 19.06.2017, 15:43
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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You don't get this luxury of choice in ZH, notaries are a stricly state run institute in this canton, you'll have to go to the official one in the area.

You sure about this, i thought the Notary had to practice in the canton, but not necessarily in the area, ie you could use a Zurich city notary to purchase property in Winterthur for instance.

It's fairly irrelevant though as they are all in a cartel and charge the same irrespective of where they sit.

Last edited by Today only; 19.06.2017 at 16:19.
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Old 19.06.2017, 15:44
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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You're quite grumpy aren't you!

FYI the actual closing costs can end up going all over the place - sure there are base costs (already outlined) - and they can be split between buyer and seller - especially it cases where there is an element of tax optimization on one side or the other.

Then there might be the case of one side insisting on a clause be added and the costs carried by one party.

Budget 0.5% and give or take you'll be fine.
I don't have a lot of patience for selfishness, and lack of consideration for others.

There's plenty of chit-chat threads on this site for st2lemans to entertain himself. He's only on this thread to amuse himself, regardless of how it hides the useful information from future readers. You'll note that I intentionally put lots of tags in the subject line to help others find this information via searches in the future.

bb

Last edited by BenjaminButton; 19.06.2017 at 16:50.
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  #31  
Old 19.06.2017, 15:46
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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You did well, you got 3 for this post alone !
Such is the price of calling out anonymous internet bullies/trolls.
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  #32  
Old 19.06.2017, 15:53
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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You'll note that I intentionally put lots of tags in the subject line to help others find this information via searches in the future.
This is EF - that will never work. People simply don't use the search function!!

I've just checked my account and the last payment was just over 35k for the Notary fees - split 50/50 with the seller.
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  #33  
Old 19.06.2017, 15:55
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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I've just checked my account and the last payment was just over 35k for the Notary fees - split 50/50 with the seller.
Yes, but that's in DRK, so probably the house cost 35k as well!

Tom
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Old 19.06.2017, 15:57
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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Yes, but that's in DRK, so probably the house cost 35k as well!
That was for one of the Zurich places.
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Old 19.06.2017, 16:17
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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I don't have a lot of patience for selfishness, and lack of consideration for others.

There's plenty of chit-chat threads on this thread for st2lemans to entertain himself. He's only on this thread to amuse himself, regardless of how it hides the useful information from future readers. You'll note that I intentionally put lots of tags in the subject line to help others find this information via searches in the future.

bb
You really are very ungrateful for somebody who wants accurate financial information, free of charge, rather than paying for it.
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Old 19.06.2017, 16:25
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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You really are very ungrateful for somebody who wants accurate financial information, free of charge, rather than paying for it.
Actually, take a read of the thread.

I am literally the only person in this thread who has said thanks to anyone (three times actually, to those who provided useful information as opposed to childishly trolling).

This thread is under the "helps & tips" section, and I myself began by offering the thread readers a helpful link to a ZH calculator on the topic.

bb
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Old 19.06.2017, 16:46
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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Actually, take a read of the thread.

I am literally the only person in this thread who has said thanks to anyone (three times actually, to those who provided useful information as opposed to childishly trolling).

This thread is under the "helps & tips" section, and I myself began by offering the thread readers a helpful link to a ZH calculator on the topic.

bb
Check post N 30,
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  #38  
Old 19.06.2017, 16:49
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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Check post N 30,
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I don't have a lot of patience for selfishness, and lack of consideration for others.

There's plenty of chit-chat threads on this site for st2lemans to entertain himself. He's only on this thread to amuse himself, regardless of how it hides the useful information from future readers. You'll note that I intentionally put lots of tags in the subject line to help others find this information via searches in the future.

bb
Exactly. You and him both.
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  #39  
Old 19.06.2017, 17:00
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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Actually, take a read of the thread.

I am literally the only person in this thread who has said thanks to anyone (three times actually, to those who provided useful information as opposed to childishly trolling).

This thread is under the "helps & tips" section, and I myself began by offering the thread readers a helpful link to a ZH calculator on the topic.

bb


Really?? Well you didn't thank me and my information was actually useful. It can save you money. Rarely is anyone going to suggest ways you can save money when buying a property.


Secondly, if you do not speak or read fluent German, the notary may insist on a translation which you must pay for. Bringing a friend along or even a related family member may not be acceptable to the notary. The notary needs to be satisfied that you understand what you are signing. If the notary's English is sufficiently fluent that they can read the contract to you in English, then the cost of this extra time will not be split between the two parties.


I've been a buyer and seller more than once in Switzerland. I have worked with agents and without. Every experience was different and not without headaches. There have always been a few unexpected hurdles along the way. I have never bought a new property, perhaps this is less complicated.


As a buyer you are pretty much on your own here and navigating your way as a first time buyer is a bit daunting. Don't trust the seller's agent or the seller for a second. Even if it means you need to spend a bit extra on your share of the notary costs, it could save you aggravation later.
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  #40  
Old 19.06.2017, 17:07
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Re: Accurate property closing costs fees notary registration inspection? (Zurich)

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Really?? Well you didn't thank me and my information was actually useful. It can save you money. Rarely is anyone going to suggest ways you can save money when buying a property.
See post 8
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