Go Back   English Forum Switzerland > Help & tips > Housing in general  
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 19.10.2020, 19:48
Newbie 1st class
Join Date: Oct 2010
Location: Basel
Posts: 28
Groaned at 0 Times in 0 Posts
Thanked 9 Times in 8 Posts
wilsong25 has no particular reputation at present
Apartment exchange vs sell & buy


I did not find this case before in the threads, so here goes EF. The situation is that my neighbor in my holiday block of apartments (PPE) in Valais is getting older and she has a large apartment, I have a smaller renovated place and need more space.

So my neighbor has proposed an apartment swap (plus a cash payment from me to her in order to get a bigger place), which seems to keep everyone happy. She has a mortgage on her place that would not be completely paid off with the cash that I would propose for the difference, my place is mortgage free.

So my question is - is this something that is just so out of the ordinary here in CH so that the bank would not touch it? I am guessing no savings on notary fees of ~6% by doing it this way. Do you think that the bank of my neighbor would tell her to get lost as they don't want to keep a mortgage of only 40k? Would it be easier to put my place up for sale and buy hers?

Thanks for comments! I am here on a C permit, she is UK resident.
Reply With Quote

apartment swap

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Apartment Exchange: offering 4.5 rooms in Itschnach/Küsnacht Astrea Property offered 3 14.01.2020 16:22
Apartment for sell in the Caribbean Paradise Candy-BOS-MA Property offered 8 21.06.2019 01:00
Sell your islands, you bankrupt Greeks! And sell the Acropolis too! Castro International affairs/politics 54 05.03.2010 17:49

All times are GMT +2. The time now is 09:47.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0