What are the different stages when you've found your property and want to buy it?

1 December 2023

Have you found the property of your dreams? 

Buying a property can be a complex process, but it can be easier if you follow these steps:

  1. Step 1 : Sign a compromis de vente: once you're sure you want to buy the property, you need to sign a compromis de vente with the seller at the notary's office. This usually involves paying a deposit (the "séquestre") of 5% of the sale price of the property to the notaire, which will be refunded to you if the sale does not go through.
  2. Step 2 : Finding finance: if you do not have the funds to buy the property, you will need to find finance. You can either take out a mortgage with a bank or find an investor to help you finance the purchase.
  3. Step 3 : The promise to finance: Once you have found a way to finance your property, you will need to present the notaire and the vendor with a promise to finance. This will reassure them of your ability to purchase the property.
  4. Step 4 : Finalise the sale: once all the conditions have been met, you can finalise the sale. You will need to sign the documents transferring ownership and pay the remainder of the purchase price.
  5. Step 5 : Register the property: Finally, you will need to register the property with the local authorities, which will give you legal proof of ownership and enable you to pay the property taxes.

By following these steps, you can become the owner of your dream property with complete confidence !

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