Is a Partial Sale of Your Home the Right Financial Move?

Homeowners seeking quick financial relief in retirement may consider a partial sale of their property. This option, offered by financial firms like Wertfaktor and Engel & Völkers, allows owners to sell a portion of their home while maintaining a usufruct right.

However, the costs associated with such sales can be significant, including high usage fees and potential economic losses. Experts warn that if the buyer faces insolvency, it could lead to the forced sale of the property.

Additionally, the lack of transparency in these transactions raises concerns among consumer advocates. Homeowners are encouraged to seek independent advice and explore alternatives, such as traditional bank loans, before proceeding with a partial sale.