Avoid mistakes. Understand how the French real estate buying process works with ESREA France
Global Finance has posted an article on the Best Cities to Live in the World and it includes Two French Cities.
The list is bases on the EIU report that comes to conclusions based on factors that include liveability, cost of living and safety.
The two French cities are Paris and Lyon.
Check out the complete list of cities here.
Moisture entering into your French real estate will attack the strength in the foundation, roof, walls, ceilings, in fact, the whole structure of your home. It will ultimately start eating into your bank account and the value of your French property.
If you have a leaking gutter do not ignore it that leak can be damaging your investment. In fact, as I look around the old French village I live in I see we have gutters on our home but not all houses do. So make sure you have a proper rain drainage system for your home.
Remember the following four steps:
One
When it is raining check to see the rain is being directed in the right way. Is any of your drainage system failing? After heavy rain check to see if there has been water entering your home. Look beside and behind outside drainage pipes, look inside the roof, if possible, check the basement, everywhere you can access.
Two
When it is time to change your clock forward or backward use this time as a reminder on your calendar to check that any machines in your home that use water are not leaking. For example, your water filtration system, your fridge, your hot water tank or sump pump. Remember to also check under the sink in all the rooms that have water piping. Don’t just rely on your vision check for signs of moisture with your hand or a dry cloth
Three
Check perhaps every 3 months for cracks in caulking or sealants around the shower, bathtub and sinks etc. A small entry point for water can lead to big damage behind the scenes. Once you find the entry point seal it off.
Four
If you find any evidence of water that is appearing on your house walls from capillary action, that is potential evidence of the presence of water underground being absorbed up your walls. The water could be from a natural source, from a neighbor’s leak or you may have a broker water pipe underground that is step by step leaking water that will rot your home. Take immediate action by contacting a specialist. Look for this capillary action inside and outside your home.
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French real estate market reports published by French notaries at this time still make for very interesting reading.
The reports often include charts and graphics that can help you become more informed.
Follow this link to the latest report on the Notaries of France website.
If you own or you are planning to own French real estate it is always a good idea to keep up to date on tax changes.
As we write France is in the process of adopting the European Certificate of Succession.
Also, if you are an UK national there are new rules regarding UK pensions.
There is also the European Court of Justice’s recent ruling on Social charges and the introduction of Automatic Exchange of Information.
Unfortunately, we are not experts on these tax and legal issues, however, you can attend upcoming seminars with experts.
Visit this link to find out more about Blevins Franks seminars here
Could this Robot build a French home in two days?
See the 1 minute video of this amazing machine that one day could build your new French home.
BONUS: The second video is of a robot and a mason building a wall. Notice how the robot adds the cement and the mason does the finishing work.