Rory Ramsden – Luxury French Property Finder & Buyer's Agent in south west France
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4 Things Overseas Buyers Need to Watch Out for When Buying a Home in France

There are a few things investors need to be aware of when buying a home in France. Once you get through all of the boring stuff, like the paperwork, then a brand new lifestyle awaits. The legal process of buying a home in France is a lot different than other places in the world. One tip for financing a house in France is to put 20 percent down of the list price and then use the rest to invest in a business that will gain money for you.

Key Takeaways:

  • Factor in conveyance fees of seven to eight percent of the home’s price. These are from the state and not the buyer or seller.
  • Wait until interest rates in France are low, and then pay 20% down,financing the rest. It’s not economical to pay in cash or to use an offshore company.
  • Never sign the the compromis de vente until a thorough search has been done to assess the state of the property.

“One thing that most people are unprepared for is how much the legal process of buying a home in France differs from that of their own country.”

About the Author Rory

Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.

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