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Finding/Owning French Property
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 01/05/2008, 4:41
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timc17
Joined on 31/08/2004
st savinien
Posts 151
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Re: Selling our house in France
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Having been through the French buying system twice now i would offer a few suggestions.
1. Choose a different notaire to the sellers.
2. Check for yourself exactly what you are buying and whether this ties up with the cadastre (this should now be possible via the net).
3. If you can't speak French employ a translator.
4. Make a French will.
5. Don't be afraid to ask questions during the final signing because afterwards is too late.
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01/05/2008, 9:55
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Clair
 
Joined on 23/08/2004
------- Forum Moderator ------- Lot
Posts 6,276
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Re: Selling our house in France
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01/05/2008, 16:12
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Belle
Joined on 05/03/2008
Posts 108
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Re: Selling our house in France
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How does selling and buying work in france, do you have to have extra money available to give the deposit when signing the compris de vente (if that's not spelt right sorry) and what happens at the final signing, do you have to rush from one to the other, hope some-one understands what I'm getting at. Thankyou.
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01/05/2008, 16:55
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gosub
Joined on 15/01/2008
North 47
Posts 161
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Re: Selling our house in France
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02/05/2008, 7:14
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P-D de Rouffignac
Joined on 14/03/2007
Posts 76
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Re: Selling our house in France
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Replying specifically to Belle: I recently sold my apartment (apartment A) in order to buy another (apartment B). I made it clear from the outset that the sale of A depended on my finding a replacement (B) and vice-versa, and the two transactions not only depended on each other but were supposed to happen the same day.
In the event I sold apartment A about two weeks before completing the purchase of apartment B, due to a delay in paperwork from the vendor. Technically the purchase could have fallen through at the last minute, leaving me homeless, but everything went through smoothly in the end. I left the proceeds from the sale of apartment A with the notaires (they handled both transactions, which helps) so that the funds were in place for the completion of B. Regarding the ten per cent deposit against the purchase of apartment B, I wrote a cheque for this several weeks earlier but it was held but not cashed by the agents, and on the day of the final signature 100 per cent of the purchase price of apartment B was transferred to the vendor.
So it is possible to buy and sell in one move, in circumstances like these, and it helps to have a single notaire involvedd for both transactions, and as noted above make it clear to everyone what's going on, and get their agreement. For example, I stayed in my original apartment (A) for several days after it was sold, by arrangement with its new owners.
Hope this helps.
P-D de Rouffignac
www.francemediterraneanproperty.com
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France Forum » Moving » Finding/Owning ... » Selling our house in France
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