Mortgage Dictionary - Buying and Selling

A

🇸🇪UtgångsprisAsking price (listing price, starting price): Buying and Sellingnegotiation; The price the seller asks for initially. The final price can be both higher and lower depending on interest.

B

🇸🇪BudgivningBidding (auction, bid process): Buying and Sellingnegotiation; The process where interested buyers bid against each other. Don't start bidding without loan approval and inspection.
🇸🇪KöpebrevBill of sale (deed of conveyance, transfer deed): Buying and Sellingvacation-homerequirementshouse; The document proving ownership has transferred to you. Written when the full purchase price is paid.
🇸🇪BrygglånBridge loan (bridging loan, swing loan): Buying and Sellingapplicationrecurring-cost; A temporary loan when you buy a new property before selling the old one. Repaid when your old property sells.

C

🇸🇪TillträdeClosing (completion, settlement, possession date): Buying and Selling; The day you get the keys and the property becomes yours. The rest of the purchase price is paid and the loan starts.

D

🇸🇪DubbelboendeDual housing (double ownership, parallel ownership): Buying and Sellingrecurring-cost; The period when you own two properties simultaneously. Expensive because you have double housing costs.

E

🇸🇪HandpenningEarnest money (deposit, good faith deposit): Buying and Sellingone-time-cost; Part of the purchase price paid immediately at contract signing, usually 10%. Shows you're serious.

F

🇸🇪SlutprisFinal price (sale price, selling price): Buying and Selling; The price the property actually sells for. Good to check final prices in the area to assess a reasonable level.

O

🇸🇪Öppen budgivningOpen bidding (transparent bidding): Buying and Sellingnegotiation; When all bidders see each other's bids. Gives better overview but can drive up the price.

P

🇸🇪KöpeavtalPurchase agreement (sales contract, contract of sale): Buying and Sellingrequirements; The binding agreement between buyer and seller. After both have signed, the deal is essentially done.
🇸🇪KöpeskillingPurchase price (sale price, consideration): Buying and Sellingone-time-costnegotiation; The price you pay for the property. What you need to finance with down payment and mortgage.

S

🇸🇪Dolda budSealed bids (closed bidding, blind bidding): Buying and Sellingnegotiation; When you can't see what others have bid. Makes it harder to know what's reasonable to offer.

A

🇸🇪UtgångsprisAsking price (listing price, starting price): Buying and Sellingnegotiation; The price the seller asks for initially. The final price can be both higher and lower depending on interest.

B

🇸🇪BudgivningBidding (auction, bid process): Buying and Sellingnegotiation; The process where interested buyers bid against each other. Don't start bidding without loan approval and inspection.
🇸🇪KöpebrevBill of sale (deed of conveyance, transfer deed): Buying and Sellingvacation-homerequirementshouse; The document proving ownership has transferred to you. Written when the full purchase price is paid.
🇸🇪BrygglånBridge loan (bridging loan, swing loan): Buying and Sellingapplicationrecurring-cost; A temporary loan when you buy a new property before selling the old one. Repaid when your old property sells.

C

🇸🇪TillträdeClosing (completion, settlement, possession date): Buying and Selling; The day you get the keys and the property becomes yours. The rest of the purchase price is paid and the loan starts.

D

🇸🇪DubbelboendeDual housing (double ownership, parallel ownership): Buying and Sellingrecurring-cost; The period when you own two properties simultaneously. Expensive because you have double housing costs.

E

🇸🇪HandpenningEarnest money (deposit, good faith deposit): Buying and Sellingone-time-cost; Part of the purchase price paid immediately at contract signing, usually 10%. Shows you're serious.

F

🇸🇪SlutprisFinal price (sale price, selling price): Buying and Selling; The price the property actually sells for. Good to check final prices in the area to assess a reasonable level.

O

🇸🇪Öppen budgivningOpen bidding (transparent bidding): Buying and Sellingnegotiation; When all bidders see each other's bids. Gives better overview but can drive up the price.

P

🇸🇪KöpeavtalPurchase agreement (sales contract, contract of sale): Buying and Sellingrequirements; The binding agreement between buyer and seller. After both have signed, the deal is essentially done.
🇸🇪KöpeskillingPurchase price (sale price, consideration): Buying and Sellingone-time-costnegotiation; The price you pay for the property. What you need to finance with down payment and mortgage.

S

🇸🇪Dolda budSealed bids (closed bidding, blind bidding): Buying and Sellingnegotiation; When you can't see what others have bid. Makes it harder to know what's reasonable to offer.

A

🇸🇪UtgångsprisAsking price (listing price, starting price): Buying and Sellingnegotiation; The price the seller asks for initially. The final price can be both higher and lower depending on interest.

B

🇸🇪BudgivningBidding (auction, bid process): Buying and Sellingnegotiation; The process where interested buyers bid against each other. Don't start bidding without loan approval and inspection.
🇸🇪KöpebrevBill of sale (deed of conveyance, transfer deed): Buying and Sellingvacation-homerequirementshouse; The document proving ownership has transferred to you. Written when the full purchase price is paid.
🇸🇪BrygglånBridge loan (bridging loan, swing loan): Buying and Sellingapplicationrecurring-cost; A temporary loan when you buy a new property before selling the old one. Repaid when your old property sells.

C

🇸🇪TillträdeClosing (completion, settlement, possession date): Buying and Selling; The day you get the keys and the property becomes yours. The rest of the purchase price is paid and the loan starts.

D

🇸🇪DubbelboendeDual housing (double ownership, parallel ownership): Buying and Sellingrecurring-cost; The period when you own two properties simultaneously. Expensive because you have double housing costs.

E

🇸🇪HandpenningEarnest money (deposit, good faith deposit): Buying and Sellingone-time-cost; Part of the purchase price paid immediately at contract signing, usually 10%. Shows you're serious.

F

🇸🇪SlutprisFinal price (sale price, selling price): Buying and Selling; The price the property actually sells for. Good to check final prices in the area to assess a reasonable level.

O

🇸🇪Öppen budgivningOpen bidding (transparent bidding): Buying and Sellingnegotiation; When all bidders see each other's bids. Gives better overview but can drive up the price.

P

🇸🇪KöpeavtalPurchase agreement (sales contract, contract of sale): Buying and Sellingrequirements; The binding agreement between buyer and seller. After both have signed, the deal is essentially done.
🇸🇪KöpeskillingPurchase price (sale price, consideration): Buying and Sellingone-time-costnegotiation; The price you pay for the property. What you need to finance with down payment and mortgage.

S

🇸🇪Dolda budSealed bids (closed bidding, blind bidding): Buying and Sellingnegotiation; When you can't see what others have bid. Makes it harder to know what's reasonable to offer.