Financing considerations for a French real estate purchase
- The total amount of money you have available to purchase a property.
- If you buy with a mortgage, how much of a deposit will you need (this will usually be at least 20%)? Check with your bank to be sure.
- How much will the repayments be, and how will the repayments be made?
- The possibility of re-mortgaging your any current property to release equity for the French real estate purchase.
- The additional costs that come with buying French property (i.e. taxes and fees)
- The cost of maintaining the French property and spending time there, that is your return on investment.
- Your maximum purchase price, taking all of the above into account.
Talk to your French real estate agent and loan manager to get more information to assist you.
Before you request the free ebook below read what people are saying about ESREA France – some examples:
Cynthia Sadler wrote ” I am so grateful to you for your help, and I have already spoken to friends who are planning to retire in France after their children graduate from college in 5 or 6 years, letting them know about the wonderful support that ESREA France will be able to provide when they start looking for a house to buy. You can be sure that I’ll be referring other friends who are thinking about relocation possibilities to you as I learn of that interest!I”
Tanya Coletz wrote “I can’t recommend David enough, such a refreshing experience after months of trying to find suitable professionals myself he managed to find English speaking, qualified and responsive recommendations immediately. He also responded to my emails on a French holiday and followed through on every promise at a very reasonable price. I’m very grateful for his help and highly recommend his professional service”
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Free eGuide 10 Mistakes to Avoid when Buying French property
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.