{"id":3088,"date":"2014-12-15T06:35:46","date_gmt":"2014-12-15T06:35:46","guid":{"rendered":"https:\/\/blogs.transparent.com\/dutch\/?p=3088"},"modified":"2014-12-15T06:37:00","modified_gmt":"2014-12-15T06:37:00","slug":"buying-a-house-part-2","status":"publish","type":"post","link":"https:\/\/blogs.transparent.com\/dutch\/buying-a-house-part-2\/","title":{"rendered":"Buying a House Part 2"},"content":{"rendered":"

Part 1<\/a> of this series dealt with my personal search for a house in the Netherlands. After many visits and discussions and plans, Riccardo and I selected a house we liked, in a town we liked and in the neighborhood where he grew up. It is a beautiful house with enough space for a family, as well as with a tuin<\/em> big enough for cookouts, growing veggies and for Mona, our cat, to explore.<\/p>\n

The step after picking a home was to make an offer on the vraagprijs<\/em>. The art of onderhandelen<\/em> is in full swing when buying a home. We were successful in bringing down the price to what both parties considered fair for the house signed the koopcontract<\/em> or purchase agreement.<\/p>\n

After that came a crucial part of buying a home: financing. We researched different banks and lending institutions to find the lowest rente<\/em> and the lowest advieskosten <\/em>for an hypotheek<\/em>. Once we were happy with our selection, we proceeded to apply for the hypotheek<\/em>. Some of the documents we needed to provide were een identiteitskaart<\/em>, een arbeidsovereenkomst, een loonstrook, <\/em>and een bankafschrift.<\/em> Because we are planning on renovating the house, we also had to provide a budget<\/em> for the renovations. In this budget <\/em>we listed what we would renovate (keuken, badkamer, vloer, stucwerk<\/em>) as well as the estimated costs for labor.<\/p>\n

The hypotheek adviseur<\/em> guided us throughout the application process and explained our options. We could choose for the rente<\/em> to be fixed 10, 20 or 30 years, and for the payments to be fixed or to change over time. We discussed levensverzekering<\/em> to cover the hypotheek<\/em> as well as options in case of werkeloosheid<\/em> or ziekte<\/em>. We also opted for de nationale hypotheek garantie<\/em>, which is clearly explained in the following video.<\/p>\n

http:\/\/youtu.be\/v3iO9t7PeqE<\/a><\/p>\n

Once everything was clear, the application was submitted. In about two weeks we received noticed that everything was approved and we were ready to buy the house. Riccardo called the makelaar<\/em> to let him know everything was ready and we made an afspraak<\/em> with the notaris<\/em> to finalize the purchase.<\/p>\n

After a final tour of the house with the former owner, we headed to the notaris<\/em> and signed the purchase making the house ours. The notaris<\/em> verified the information, made the transfer of money to the verkoper, de makelaar <\/em>and himself, and made the purchase official. Now all that is left is to renovate and move in!<\/p>\n

This video gives an overview of the entire financing process.<\/p>\n

http:\/\/youtu.be\/Edcxl-1eSqw<\/a><\/p>\n

Useful Vocabulary<\/strong><\/p>\n

het koopcontract<\/em>– the purchasing agreement\/contract<\/p>\n

de rente<\/em>– the rent<\/p>\n

de hypotheek<\/em>– the mortgage<\/p>\n

de arbeidsovereenkomst<\/em>– the work contract<\/p>\n

het bankafschrift-<\/em> the bank statement<\/p>\n

de adviseur<\/em>– the advisor<\/p>\n

de levensverzekering-<\/em> the life insurance<\/p>\n

werkeloosheid- <\/em>unemployment<\/p>\n

ziekte<\/em>– illness<\/p>\n

de notaris<\/em>– the notary<\/p>\n","protected":false},"excerpt":{"rendered":"

Part 1 of this series dealt with my personal search for a house in the Netherlands. After many visits and discussions and plans, Riccardo and I selected a house we liked, in a town we liked and in the neighborhood where he grew up. It is a beautiful house with enough space for a family…<\/p>\n

Continue Reading<\/a><\/p>","protected":false},"author":120,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[60713,3590],"tags":[358622,3628,358633,10149,358632],"class_list":["post-3088","post","type-post","status-publish","hentry","category-culture-2","category-dutch-language","tag-buying-a-house","tag-dutch-vocabulary","tag-hypotheek","tag-netherlands","tag-te-koop"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t