bulgarie

focus · #1 (**permalink**) 19th May 2008, 12:27 AM

HI everyone am new to this site and am looking for some advice I bought an apartment in bulgaria. I got an agent and lawyer. i have payed the deposit and first installment which ok. now it is time to pay the seconed installment but am 800 hundred euro sort. the agent as email me asking if i can confrim that i have sent the second insatllment which i have not yet till i get it. all so in the contract it says if i miss a payment of one or more i will owe 02% a day will i have to pay that or will they give me a bit more time. AND i not know if i can say the agent am with as i would like to see if anyone as delt wiht the same agents any advice is welcome

Stravinsky · #2 (**permalink**) 19th May 2008, 09:16 AM

Quote:

Originally Posted by focus

HI everyone am new to this site and am looking for some advice I bought an apartment in bulgaria. I got an agent and lawyer. i have payed the deposit and first installment which ok. now it is time to pay the seconed installment but am 800 hundred euro sort. the agent as email me asking if i can confrim that i have sent the second insatllment which i have not yet till i get it. all so in the contract it says if i miss a payment of one or more i will owe 02% a day will i have to pay that or will they give me a bit more time. AND i not know if i can say the agent am with as i would like to see if anyone as delt wiht the same agents any advice is welcome

Hi Focus

I would beg or borrow the €800. They dont put these clauses in contracts for nothing, and you will end up with an even bigger debt to repay

focus · #3 (**permalink**) 19th May 2008, 09:48 AM

i would if i new some that had it but i am liveing in ireland and do not know anyone with that sort of money. i think i will try the bank see if they will give me an overdraft

Stravinsky · #4 (**permalink**) 19th May 2008, 09:55 AM

Quote:

Originally Posted by focus

i would if i new some that had it but i am liveing in ireland and do not know anyone with that sort of money. i think i will try the bank see if they will give me an overdraft

Good move, but then of course you will be paying the bank interest instead. Best work out which is cheapest. If its the developer then I would go to them and explain the situation & tell them when you think you will have the money. I'm sure they dont want to lose the sale, but it might make them a little nervous that you are struggling over just €800 .... however I dont know the cost of the property in relation.

focus · #5 (**permalink**) 19th May 2008, 10:37 AM

just phoned the bank and got the money. do you know if i can put the name of the agent on the forum as i want to see if any one as dealing with the same copany and are they good or bad plz let me know off to work now to get some money

Stravinsky · #6 (**permalink**) 19th May 2008, 11:52 AM

Quote:

Originally Posted by focus

just phoned the bank and got the money. do you know if i can put the name of the agent on the forum as i want to see if any one as dealing with the same copany and are they good or bad plz let me know off to work now to get some money

Well ...... we dont allow "shaming" on the forum usually as it leads to possible legal implications, but its not unusual for people to ask if a particular agent is known. Howeverits a little after the event now, as you already committed yourself when you made the first payment I guess.

Tell me a bit about the area, its a place I've been interested in visiting


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