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11.12.2023

How Pierre went about buying his dream home

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Buying a property in Switzerland is no small feat. Pierre*, a father of two and owner of an apartment in Meyrin, had his eyes set on a property that met all his criteria. To speed up the purchase of his dream home, the ambitious dentist called on Swifthome.

From idea to action — just one step

At last Pierre finally found the perfect house. Not only was it more spacious, but this property located in Vernier was also close to his hometown, allowing his children to continue attending the same school. This time, it felt right: the house seemed tailor-made for Pierre’s family. Excited by his plan, he decided to take determined action to make it happen.

Buying a home: a challenging but achievable mission

To bring his vision to life, the father in his forties had to start the process of purchasing the property in Vernier. Although the process seemed complex, it boiled down to a few key steps. First, he needed to meet with a banking advisor to evaluate his mortgage situation. This step would determine if he was eligible for a bridge loan. The bank would also require Pierre to provide at least 20% of the new property’s purchase price as equity. The tricky part: Pierre didn’t have enough funds available. Consequently, the bank suggested he sell his apartment to get the mortgage approved.

Getting cash quickly for a down payment: is it possible?

To speed up the sale, the dentist reached out to Swifthome. Soon, one of the company’s real estate experts assessed his property. Within 7 days, they offered him a sale agreement with a guaranteed purchase price at the deadline. Pierre accepted without hesitation. The sale of his apartment finalized in just 15 days allowed him to obtain the necessary down payment for his future home. Additionally, Swifthome gave the family the option to remain in their current apartment until the new house was ready. This option saved them the hassle of moving twice. An ideal solution that allowed Pierre’s family to fully enjoy life.

Does Pierre’s story sound familiar? Are you thinking about selling your property to buy a new one? Dare to dream big and take the plunge. Swifthome is committed to providing a fast and effective solution for each of its clients. Contact our experts or fill out our online form.

*Name changed for privacy

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