Archive for April 7th, 2008
Safe Buying abroad – stick to one overseas property professional
So many people make the mistake of trawling through endless web sites searching for that elusive overseas property, but unfortunately many Estate Agents, Developers and private individuals do not have the necessary qualifications, background or expertise, and as a result the whole business of buying a property abroad, instead of a pleasure becomes a nightmare.
It is not necessary for this to happen as long as you stick to one overseas property professional who will guide you through the whole procedure in a trouble free manner. However, it is essential that you check whether they have qualifications to sell property in the country of your choice and a good track record. For instance I am a Certified International Property Specialist and to earn the CIPS designation it is necessary to complete rigorous coursework devoted to learning cultural differences and international business practices. It is also necessary to prove achievement in international real estate transactions.
I hope you will take time to view the ten minute safe buying video below. During my interview in this video I have pointed out the pitfalls and also the best ways of going about buying abroad. Although this video was filmed in Spain, the advice given applies to most countries.
You can join a dedicated inspection trip to view properties as mentioned in the video but it is important you have done your homework and have your finances in place. Alternatively, as long as you are dealing with a qualified overseas property specialist in the UK, you should take their advice when they recommend an Estate Agent in the country of your choice as you can be sure they will be reputable and you should not be tempted to wander around unknown Estate Agents which can end up in disaster.
Comments welcomed
Eugenie
Add comment April 7, 2008

