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France is one of the most desired locations on the planet and it is little wonder that so many people want to own property there. Not only is this part of the world scenic and the home of a wonderful culture, but it is also a relatively easy place to buy property. There are pitfalls to the process though, and you will need to think carefully about how you proceed. If you go about things the right way though, you should soon be the owner of some beautiful French property.
Tips for Buying French Property
Here are just a few tips for buying French Property –
Travelling to France to view property can be time consuming and expensive if you don’t already live there. In order to reduce the expense to this it is important to plan well for any trip. Make sure that you arrange for a few suitable viewings before you leave, and don’t just arrive hoping to find something with no arrangements made before hand. If you go about things the right way you should be able to fit in many French property viewings in a few days.
The language barrier can be the source of a lot of problems, and in fact it seems to be those who can speak a little French who have the most difficulties. Unless you are fluent you are advised to use a translator; if you are over confident about your ability to speak French it could lead you into all types of difficulties and make it easier for people to rip you off. Even if your French is advanced you would be advised to use a translator.
It is important that you don’t sign anything or hand over any money until you are in the position to sign the actual purchase contract. It is fine to have a verbal agreement before then and it is unwise to allow sellers or estate agents to talk you into more than this.
The contract can be a potential minefield and if you are not fluent in French you are more at risk of falling into trouble. Make sure that there are no sucker clauses that could later be used to trip you up. One example of this is the clause that exempts the previous owner from hidden defects within the property. Don’t sign any contract until you are satisfied that it is going to be suitable and fair. If you are not happy with a clause just ask for it to be removed.
There are certain reports that the seller is obliged to provide you with under French Law and you will need to verify that these have in fact been supplied.