Dangers of An Offre D’Achat in France

Buying a French property is, like in any country, a very big commitment.

Once you find a French property you wish to buy and you decide to make an offer in the form of An ‘Offre d’Achat’ it is extremely important that you have professional assistance so you understand the commitment you are making before you sign this document.

The Dangers of signing an ‘Offre d’Achat’ is that sometimes buyers make mistakes in the creation of the document  because they have not sought professional assistance. Mistakes made by buyers include giving money to the French property owner when making the Offre d’Achat. This should not be done at this time according to Notaries we have spoken too.

Another mistake is not having a proper time line set up in the document so you know how long you have to wait for acceptance by the French property owner and how long before engagement in the Compromis de Vente.

There are many more potential errors a buyer can make.

Regardless of what you heard from friends and family make sure you have expert professional legal advice when you are offering to buy a property in France

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

What does lotissement mean in a French real estate ad?

When you read lotissement in a French property publicity the term is referring to what is called a ‘housing estate’ in, for example, England or a ‘housing subdivision’ in North America.

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

President Hollande wants New French Construction to Happen Quicker

French property is needed by many residents and French President Hollande wants to speed up the process of getting property built.

According to a French article in Explorimmo President Hollande while on site in Toulouse on January 9 said his goal is to simplify the construction process to make it quicker. One example mentioned by President Hollande is to create the possibility to reduce the time taken to get a permit for construction from eight months to five months.

Read the source article in French here

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Over 70 percent of French People Prefer to Invest in French Real Estate

French real estate remains the favourite place for French people to invest their money according to a recent poll details just published in Explorimmo.

French Real Estate is seen as a more valuable investment than savings accounts and gold to the local French people.

This percentage of French people who favor French real estate as the best investment was found to be 71 percent as a result of the poll slightly down from the 75 percent rating of the previous year (2012) but still high.

Since the local people find real estate a smart investment you will need to have an experienced local real estate agent to help you get to the deals before the local French people do. Contact us here to find you an English speaking French real estate agent in your area of interest.

Read the original source article in French here

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

101 Tips to Help Your Fix Up and Organize Your French Home

French properties like any property are always in need of some maintenance. One of our readers sent us the below link to a website that has over 100 household tips to help you maintain your French property.

Click here for 101 Household Tips

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.