Wednesday 25 January 2012

Day 10 10 Things you should never do when buying abroad.

Day 10

10 Things you should never do when buying abroad.

Never under - declare the purchase price. It was common practice on the continent and some locals consider it acceptable BUT don't be tempted - it is fraud and could land you behind bars
http://www.facebook.com/pages/Spanish-Dream-Property/204019259614697

Saturday 21 January 2012

Day 9 10 Things you should never do when buying abroad.

Day 9
10 Things you should never do when buying abroad.

Never ignore the local taxation system. Get advice about your tax obligations and never assume things are done the same as in the country you live in, especially when it comes io inheritance issues.
http://www.facebook.com/pages/Spanish-Dream-Property/204019259614697?ref=tn_tnmn
www.spanishdreamproperty.com

Tuesday 17 January 2012

Day 7 10 Things you should never do when buying abroad.


Never confuse Abogado, eg lawyer, with a Notary. Easily done as Notaries are not part of the conveyancing process. In Spain the Abogado works for you and is there to protect your interests whereas the Notary is there to check the legality of the process. They are not able to advise.
 
http://www.spanishdreamproperty.com/
http://www.facebook.com/pages/Spanish-Dream-Property/204019259614697

Monday 16 January 2012

Day 6
10 Things you should never do when buying abroad.

Never buy off-plan without a bank guarantee. It's leagal requirement in many countries for off-plan developers to protect any deposits they receive with bank guarantees - insist on it.
http://www.spanishdreamproperty.com/

Saturday 14 January 2012

Day 5 10 Things you should never do when buying abroad.

Day 5
10 Things you should never do when buying abroad.

Never sign a contract without having it checked. This is especially crucial when buying an off-plan property and during an inspection trips, when you may feel pressurised into signing something. A good lawyer will always be available by fax or email to check a contract.
www.spanishdreamproperty.com

Friday 13 January 2012

Day 4
10 Things you should never do when buying abroad

Never Believe a verbal promise will always appear in a contract. rental guarantees, in particular, are often promised verbally but strangely absent from the contract. ensure your contract is watertight.
http://www.spanishdreamproperty.com/

Thursday 12 January 2012

Day 3 10 Things you should never do when buying abroad

Day 3
Never overstetch your finances. It's a dangerous strategy to rely solely on holiday rental income to pay your mortgage and bills. Always have funds in reserve.

10 Things you should never do when buying abroad.

Day 2
10 Things you should never do when buying abroad.

Never ignore the effect of the fluctuating exchange rate. Remember, the buying power off your pounds decreases or increases as the value of the euro fluctuates

Tuesday 10 January 2012

Ten Things you should never do Day 1

Spanish Dream Property are members of AIPP we have Ten things you should NEVER do when buying Abroad.

Day 1
Never use an 'in house' lawyer employed by an agent or developer. It is vital to use a lawyer, but make sure the one you use is independent, not part of the same company as the agent or developer from whom you are buying.