After you signed the purchase agreement at the notary, you also sign the Grundschuld - the security for the bank. This also contains your personal liability, which sounds a little bit tough, however, you only owe the outstanding debt in total, this means also over your total personal assets. However, the bank would not like to sell your pictures on the wall, but they will pledge your salary and an asset account - but only if you do not pay your monthly salary.
Mehr über Sabine Krauß: https://www.whofinance.de/berater/sabine-krauss/
Mehr über Baufinanzierung in Heidelberg:
https://www.whofinance.de/berater-finden/finanzberater/heidelberg/baufinanzierung/
Und Deutschland: https://www.whofinance.de/berater-finden/finanzberater/de/baufinanzierung/
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