Immobilien: Wann ist es sinnvoll, die Grundschuld löschen zu lassen?

A Grundschuld is a separate entity from the remaining loan balance of a mortgage. Even if a property owner owes the bank no money after fully repaying the loan, the Grundschuld can remain in the land register as a security. This can be beneficial in certain situations. If a homeowner anticipates needing money for major renovations, energy upgrades, or a solar panel installation, keeping the Grundschuld on record can be advantageous.

It can serve as collateral for a new lender, avoiding the need for new notary and land registry fees. Additionally, a Grundschuld can be useful when purchasing additional property in the future, such as a second apartment or a house, as it can be used as collateral for financing, potentially simplifying the process and saving costs.

However, it's important to note that a Grundschuld alone does not guarantee that a bank will offer a new loan. The decision ultimately depends on factors like creditworthiness, income, loan-to-value ratio, and the specific financing terms. Homeowners should consider deleting the Grundschuld when selling a property, as buyers typically prefer an uncomplicated property.

The Notary coordinates the necessary steps between the seller, buyer, and the financing bank to ensure a smooth transfer. In cases of family transfers, such as when parents pass on an apartment to their children with a right of inheritance or residence, deleting the Grundschuld can be beneficial. This ensures organized records in the land register and prevents the children from using the old Grundschuld as collateral for a new loan, which could lead to the parents losing their residence if the children face payment difficulties.

The cost of deletion involves obtaining a deletion approval from the bank, which is issued without charge after the loan has been fully repaid. The actual fees for deletion, such as those for the Notary and land registry, vary depending on the size of the Grundschuld. For a Grundschuld of 200,000 euros, costs can amount to around 800 euros in total.

If keeping the Grundschuld as collateral proves beneficial in the future, homeowners can save these costs and potential hassle of applying for a new Grundschuld. Therefore, it's essential not to delete the Grundschuld simply because the loan has been repaid. Instead, carefully evaluate whether the Grundschuld still provides practical value.