Page 0013

How do I make an offer?

The exact price you offer is

down to you. You should factor

in the asking price compared to

other, similar properties in the

area, how long the house has

been on the market, the state of

the market in general, and "gut

feel".

Our local agent will put the

offer forward, and it's always

a tense time while waiting to

see if your offer is accepted or

a counteroffer is made. Once

accepted, a Notaire needs to be

appointed, and a Compromis de

Vente (CDV) will be drawn up.

What does the Notaire do?

The Notaire is an independent

official who represents the

state. Don't forget; you have

the choice of either appointing

your own or using the same

Notaire as the vendor. If you

choose the former, the cost will

be the same, and they will split

the work.

Once the CDV is signed,

you have a ten-day "cooling off"

period before the contract

becomes binding. If you are

purchasing the property with

any caveats, these must be

written into the contract as

a "clause suspensive". At this

stage, you will also be asked

to transfer a deposit into

the Notaire's client account

- this can vary but is usually

a maximum of 10% of the

purchase price.

After exchange, there will

be a delay of a further 2-4

months depending upon how

busy the Notaire's office is and

how complicated the sale is.

Before completion, you will

need to have had the remainder

of your funds transferred and

deposited with the Notaire.

Once signed, you can

collect your keys and will be

the legal owner of your new

house. Congratulations!

Download our step-by-step

guide to Buying in France from

our website homepage.

13

LEGGETT IMMOBILIER - LOCAL KNOWLEDGE YOU CAN TRUST

top tips

Get your mortgage offer in place

beforehand; it puts you in a strong

negotiating position.

If applicable, speak to an FX broker

and consider fixing your exchange

rate - it can offer peace of mind.

Visit your favourite property at

different times of day - particularly

during rush hour, or when schools

come out.

Take a compass on all viewings and

make a note of which way the house

and garden face.

Pop into the Mairie and ask them

about local life and plans for the

town/village.

D

Karine's

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