Friday, September 3, 2010

House buying process in France

Then you have the newspapers, Internet or real estate agents and find your dream home in France. And 'within budget and the desired range. The next step is to see a consultant or independent view and report on your behalf or for you to post your own arrangements with the seller or dealer and see for yourself.

In the ad, of course, politely trying, but to remain impartial. If you appear too eager and excited, you can find the most difficult negotiations whenDecides to buy, and you can not see much of the asking price. Trying to find bugs in their ability to negotiate with aid.

If you send an independent consultant, his reports are always impartial and unbiased, you will be able to get a clearer view of the state property.
Seeing that it is complete and once you have decided that this is the property you want to know what to do next? How does buying a house in France for work? What is expected?

Whatfollowing basic scheme is to buy a house on the work in France.
First, of course, you need to make an offer. The offer price is in €, and can not contain Immoblien (French name for estate agents) fees. In general, these taxes are included, but it is always advisable to find if the price does not include such rights as the buyer so worth it. Notary fees are never included in the price, so you should make concessions for it.

The attempt toto negotiate a lower price, it is always useful, and if the seller is desperate to sell, you can accept a much lower value.

While the supply is concerned, is for you to be an expert opinion on structural condition of the property will be recommended. Although investigations are building not normally happen in France, you can still get one, because the French are some surveyors a. use the Internet or magazines to search for French property even more. If you choose todo a survey, you can at least recorded a manufacturer to check the property for you, and he is to highlight any possible problem areas.

If you have a mortgage, now is the time to start shooting the ball. You can not apply for a mortgage until you have a contract, But the words "acquisition of property subject to mortgage 'On Installation, Which cover you while you try to get financing. We must ensure that reasonable evidence to support those not receiving this is easy to obtainout. Also note that usually a fee for the registration holder notaries mortgage interest.

As mentioned, the lawyer the lawyer is responsible for legal aspects of the sale of the property. The notary acts for both parties is fair and impartial. The buyer pays the notary fees, relevant, which is usually 7-8% of the purchase price of the property.

Thus, the price was agreed on the property. The real estate agent (or seller,If you have not used a real estate agent) to buy a document called "compromise sale '(Promise). This is the contract. Both parties sign. It can also be certain conditions, such as" subject to mortgage', 'received construction permit ',' termite inspection is clear, "" Repairs of suppliers and so on are carried out.

You need your passport, marriage and divorce papers to be precise, should provide birth certificates and details of your mortgage,be for an application.

Most of the contracts generally contain asbestos, lead and termites report, obtained from suppliers.

All contracts usually contain a seven-day period of reflection in which the buyer can withdraw without penalty. The seller can not. If you want to stand out, a letter to be received by the notary during cooling.

A deposit for the property is usually the time of signing the compromise of sales, althoughSometimes it is paid at the end of the withdrawal period and is usually about 10% of the purchase price. This amount is paid to the notary, and not the seller. It 'important to note that, should withdraw from the sale after the waiting period, you may lose this deposit.

Once the compromis de vente has been signed, the property is withdrawn from the market make gazumping impossible.

The research process begins after the period of reflection and research is notairefor such things as rights of way, lead, asbestos surveys and termites, property boundaries and ownership. All research included in the price of the notary.

The sale of a property in France usually takes about three months after signing the compromis de vente. Before completion (de Vente Act, the deed of sale), the balance of funds, including legal fees, must be due to the bank account I noticed before completion. You will be notified of this amount will be notedBy letter of the notary. If you can not put money in the account I noticed at the time, you will lose your deposit and sale.

You may also inspect the property before the establishment day of completion, as the sale is sold "as regards the date of sale visa.

The Acte de Vente has closed the office and I noticed you are required to participate, together with sellers. If you can not reach in person, is for you and send you appoint a proxyIts place. It 'also possible to visit an independent translator, if your French is not up to it. After completion, it will be in France are the keys to your new property. The property titles are usually kept by the notary, but can require a licensed copy.

aware that once you are the owner, you are required by law to the property insured.

Congratulations, you are the owner of an hour in France.

No comments:

Post a Comment