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Finding Your Dream Home In France



B


uying a home in France can      properties currently for sale,    
be a complex process. From      they will offer multiple photos   
finding your dream home to      of the property's exterior,       
relocating to France there are        interior and grounds together     
many hurdles to overcome before       with comprehensive narrative      
you can relax and enjoy the           about the property itself. Also   
lifestyle and beautiful               it will often have a search       
environment that France is            facility through which you can    
renowned for. In Part 1 of this       view properties that match your   
series, Oliver Phillips of PFS        specific criteria, and often      
France                                offer additional benefits such as 
(http://www.propertyforsalefrance     email notification of new         
.co.uk/) walks you through the        properties, newsletters and other 
process of finding and making an      information to help you in your   
offer on your dream home in           search. Of course the big         
France.                               advantage is that you can build a 
                                      shortlist of potential properties 
                                      without having to visit France,   
                                      saving you money from the start.  
Finding your new French property      Whether you use the Internet or   
is the first hurdle. Assuming you     not, when considering a property, 
have an idea what you want, in        make sure you get photos and      
which location and how much you       information before you view the   
can afford, the easiest route to      property. You can cut down on     
searching for properties is often     wasted trips and expense this     
via the Internet using a              way.                              
reputable French property                                               
website. The advantages are                                             
obvious; a good website will not                                        
only offer a large database of        When buying a property in France, 



unlike in the UK, it is often         areas command premiums only       
normal for the Buyer to pay all       because they are widely known and 
the fees. These comprise the          popular. You can often get an     
estate agent fee and the notary       equivalent property in another    
fee (who perform the conveyance).     region for much less.             
Fees can be around 15% of the                                           
purchase cost of the property,                                          
which on a €150,000 purchase                                          
represents an additional              You should also consider getting  
€22,500 in fees. If you can        to know the area before you buy.  
deal direct with the owner, and       Talk to people who have already   
not buy through an estate agent,      purchased their home, holiday in  
you could save around 6% or           the area, or even rent for a      
€9000 on the same €150,000        period and meet the neighbours    
property. This is an increasingly     before you finalise your          
popular option and is possible        decision. As with any property    
since sellers are not tied in to      purchase, your neighbours will be 
a single agent. Again you are         a part of your life once you've   
likely to find properties             bought your new home.             
advertised for sale by owner on a                                       
French property website such as                                         
PFS France.                                                             
                                      Try to negotiate. Contact a local 
                                      valuer to get an impartial        
                                      opinion. This will cost money,    
If you are looking for good value     but will provide you with a       
for money, consider looking for       neutral view of the properties    
property in areas that you            value, and possibly a stronger    
haven't previously visited and        bargaining position so may pay    
are not familiar with. Certain        for itself many times over.       



                                      a specialist to act specifically  
                                      in your interest, and finally,    
                                      just as in the UK get the         
Most importantly, consider taking     property inspected by a qualified 
independent legal advice, through     buildings surveyor. Unexpected    
another notary or a UK based          bills could take the shine off    
specialist. The vendor instructs      your dream home very quickly.     
the notary who acts in the sale                                         
of the property. They are acting      Copyright 2005 Oliver Phillips.   
in the conveyance of the title        May be freely reproduced "as-is"  
only and not for either side. You     for private and commercial use.   
would be well advised to appoint      

                              






About the Author:

Oliver Phillips works for PFS France (http://www.propertyforsalefrance.co.uk/) a business that helps French property owners advertise and sell, and potential buyers find, some of the finest and best cared for traditional French properties available.

Source: www.isnare.com


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