We will talk about several traps that you can get into the purchase of foreign housing.
Often buyers are trying to draw up documents for the purchase of real estate without the participation of a lawyer and agency. This is very stupid on the part of the client, since the agency needs to choose the right housing, and a lawyer to check the seller and trace according to the documents. For example, there are times when an apartment is sold, which is bought on credit or not all of it are discharged. This is often happening not only when buying housing abroad, but also in our country.
In Turkey, most agencies, when selling housing, the client makes a 10 -15%discount, and later this difference needs to pay extra for the services of a consultant lawyer.
There are times when apartments are sold to several clients and after the fake documents are issued, the agency disappears. There are also situations when a person received either the housing that she agreed, or it was in a completely different territory. You can find out even more on BPN. .
You need to be very acutely buying real estate in Egypt, since all documentation is drawn up only in Arabic. If you draw up documents in Russian, they will not have any legal force.
In Bulgaria, the risk is wrong to draw up documents for housing less. However, the documents may be invalid if the plot on which the house was built is issued with violations.
But the most important thing is to trust only those agencies that have existed for more than a year, since then there is less likely to get into the scam.
It turns out that when buying real estate through Ukrainian firms, the risk of being deceived much less. There are only 5 serious companies in Ukraine that value their reputation. Another thing is Russia, where there are about 50. With this number of agencies, it is very difficult to distinguish real companies from dummy.
In some European countries, the procedure for certification of real estate companies has already been introduced. With this routine, it is the state that is a guarantee from the developer, which almost eliminates the conduct of an illegal transaction.