Your guide to the Swedish Housing Market
From property valuation to bidding strategy, BidderBud gives you the tools and insights to buy your home with confidence.
1. Loan Promise (Lånelöfte)
Get a pre-approval from the bank to know your budget. This is crucial before you start bidding.
2. Find a Property
Browse listings on sites like Hemnet and attend viewings (visningar).
3. Review Prospectus & BRF
Carefully read the property description and the housing association's (BRF) financial health.
4. Bidding (Budgivning)
Participate in the bidding process. Bids are usually not legally binding until the contract is signed.
5. Contract Signing (Kontraktsskrivning)
Once your bid is accepted, you and the seller sign the purchase agreement, making the deal binding.
6. Down Payment (Handpenning)
Typically, you pay 10% of the purchase price within a week of signing the contract.
7. Final Mortgage Approval
Your bank gives final approval for your mortgage based on the specific property.
8. Closing Day (Tillträdesdag)
You pay the remaining 90%, sign the final papers, and receive the keys to your new home!
Meet the Key Players
Understand the roles of everyone involved in your home purchase.
The agent represents the seller. Their job is to get the best possible price and facilitate the sale. While they must be impartial by law, their primary client is the seller.
Your financial partner. They provide the loan promise (lånelöfte) and the final mortgage. Maintaining good communication with your bank contact is essential.
For apartments (bostadsrätt), you buy the right to live in the apartment, not the physical unit. The BRF owns the building. You must be approved as a member, and their financial health is critical to your investment.
Ready to Crunch the Numbers?
Our calculator helps you understand the financial impact of your bids.