Coming ready or not....!
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nononononoNO!!!!In Quesada, Costa blanca. The real estate office are taking care of all the legalities.
NEVERNEVERNEVER USE AN ABOGADO RECOMMENDED BY THE ESTATE AGENT
To be honest, with property prices in Spain dropping and dropping now is not a great time to buy, go move and rent and wait a year or two till things bottom out. Buy now and the chances of you selling it in the near future should your circumstances change are slim and you will more than likely take a loss.
The 'amazing' deal he got you could have been found by you if you went and spent time looking around. There are hundreds of thousands of empty properties in Spain, they can't sell them so prices are still in free fall.
The 'amazing' deal he got you could have been found by you if you went and spent time looking around. There are hundreds of thousands of empty properties in Spain, they can't sell them so prices are still in free fall.
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whenever you hear of anything going wrong (illegal build/escritura problems etc. etc.) it's almost always involves an abogado recommended by the agent
what makes you think he got you an amazing deal?
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I would totally agree with that
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I'm really pleased for you and probably a tad jealous. Altho I wouldnt have bought, I certainly would love to live in Spain full time and "forever". The one thing you shouldnt ever do is use the legal company provided by the estate agents - its just not done and any good agent would know that they shouldnt. House buying, solicitors, notaries whatever are nothing like the UK. I wont say that they're not as honest, but........ lets just say they know who their friends are
Jo xxx
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Heres an article I copied on here a year or so ago, which may give you some valuable info in your adventure
http://www.expatforum.com/expats/sp...38110-buying-property-spain-golden-rules.html
Jo xxxx
http://www.expatforum.com/expats/sp...38110-buying-property-spain-golden-rules.html
Jo xxxx
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I need to add something here, my in-laws 'retired to Tenerife' 25+ years ago and although they had no problem whatsover with the move, their Spanish lawyer convinced them that it would be safer for him to keep the deeds to their home in England which they were renting out.
When the time came for them to sell the house, they needed the deeds.. The Lawyer wouldn't release them unless he was given 5K (may have ben more but they didn't like to talk about it) embarrassed at being 'taken in' .. How can you take on a lawyer !! In the end they gave it to him to get the deeds so the sale could complete....
And they say there's no such thing as Karma.......
A few years later ~ The lawyer was murdered ...shot dead I think... I guess he must have tried it on with the wrong person!!
When the time came for them to sell the house, they needed the deeds.. The Lawyer wouldn't release them unless he was given 5K (may have ben more but they didn't like to talk about it) embarrassed at being 'taken in' .. How can you take on a lawyer !! In the end they gave it to him to get the deeds so the sale could complete....
And they say there's no such thing as Karma.......
A few years later ~ The lawyer was murdered ...shot dead I think... I guess he must have tried it on with the wrong person!!
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Just read this and certain thoughts immediately spring to mind...
Would you use a solicitor recommended by the estate agent/developer in the UK?
Would you ask yourself why that particular agent was being recommended?
When I bought my first house in the UK decades ago I used a solicitor recommended by the agent. I was young and inexperienced. I ended up taking a complaint against the solicitor to the Law Society and won my case.....after a lot of hassle.
When I've bought property abroad I used a totally independent legal firm to act for me as I did in the UK after my first bad experience.
All of the above does not of course mean beyond doubt that you made a misjudgment. I sincerely hope you didn't and that all turns out well.
Would you use a solicitor recommended by the estate agent/developer in the UK?
Would you ask yourself why that particular agent was being recommended?
When I bought my first house in the UK decades ago I used a solicitor recommended by the agent. I was young and inexperienced. I ended up taking a complaint against the solicitor to the Law Society and won my case.....after a lot of hassle.
When I've bought property abroad I used a totally independent legal firm to act for me as I did in the UK after my first bad experience.
All of the above does not of course mean beyond doubt that you made a misjudgment. I sincerely hope you didn't and that all turns out well.
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How can you say you trust him 'implicitly'?
You say you were in Spain for three days yet you trust 'implicitly' someone you have met in that period and of whose background you know virtually nothing
Oh yes, you are very wrong to do so.
How do you know you got an 'amazing deal'? Did the agent or lawyer tell you that?
None of what I have posted should be taken to imply that the agent and lawyer haven't acted properly.
It's your judgment I'm referring to and I hope that all goes well in spite of you trusting a lawyer and agent you don't know.
Spanish lawyers do not have the same comparatively high standing they have in the UK. It seems to be taken for granted that they are a bunch of crooks...probably unfairly.
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Andyroo, the chances are that your agent and his recommended lawyer are fine. But as others have pointed out, there have been many, many buyers in Spain who have experienced problems that they could never have foreseen, because they didn't use an independent lawyer.
The whole process of house purchase is different here, and irregularities in the deeds often get glossed over by people anxious make a sale. It is not uncommon for an agent to bribe the abogado to turn a blind eye.
It would really make sense to get an independent lawyer to check all the deeds and contracts for you. It could save a lot of pain in the future.
The whole process of house purchase is different here, and irregularities in the deeds often get glossed over by people anxious make a sale. It is not uncommon for an agent to bribe the abogado to turn a blind eye.
It would really make sense to get an independent lawyer to check all the deeds and contracts for you. It could save a lot of pain in the future.
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