STEP 1: OUTLINING YOUR PROJECT’S OBJECTIVES

 

• WHAT IS YOUR MOTIVATION TO BUY? (FAMILY ASSET, SHORT OR LONG TERM INVESTMENT, SEASONAL RENTAL ASSET)?
• WHAT BUDGET ARE YOU WILLING TO ALLOCATE?
• WHAT IS YOUR TIMELINE TO MOVE IN?
• WHAT ARE YOUR IDEAL FEATURES AND “NON-NEGOTIABLES”?

 

ESTABLISH TWO LISTS:

 

• THE FIRST SHOULD INCLUDE ITEMS YOU MUST HAVE (I.E., THE NUMBER OF BEDROOMS YOU NEED FOR THE SIZE OF YOUR FAMILY, A ONE-STORY HOUSE IF ACCESSIBILITY IS A FACTOR, ETC.)
• THE SECOND LIST IS YOUR WISHES, THINGS YOU WOULD LIKE TO HAVE (GYM, DEN, ETC.) BUT THAT ARE NOT ABSOLUTELY NECESSARY.

 

PLANNING & PREPARATION

 

• DISCUSS YOUR PROJECT’S OBJECTIVES, YOUR EXPECTATIONS AND CRITERIAS WITH OUR TEAM
• OBTAIN A LOAN APPROVAL LETTER (IF YOU’RE WILLING TO HAVE ONE)
• WE CAN FROM THERE, ESTABLISHED A FEASIBILITY

 

BUYERS AGENT

 

• CONSIDER HIRING YOUR OWN REAL ESTATE AGENT, THE ONE WHO IS WORKING FOR YOU, THE BUYER, NOT THE SELLER. CONSIDER SIGNING AN EXCLUSIVE BUYER-BROKER AGREEMENT WITH W ESTATE AND REMAIN INDEPENDANT DURING THE ENTIRE PROCESS.

 

MARKET ANALYSIS AND GET FAMILIAR WITH IT.

 

• ANALYSIS OF ACTUAL MARKET, WITH ONGOING AND SOLD DEALS
• REVIEW, UNDERSTAND THE PROCESS OF A SALE IN FRANCE WITH PRE CONTRACTS AND TIMELINES
• MARKET FORCES: SUPPLY VS DEMAND, MACRO VS MICRO MARKET
• IDENTIFICATION OF THE BUYER’S PROFILE (AND NEEDS)

STEP 2: TARGET YOUR PROPERTY

 

VISITS AND OFFER 

 

• MARKET ANALYSIS WITH OUR TEAM, INVENTORY OF THE AVAILABLE PROPERTIES, INCLUDING THE ONES AVAILABLE WITH OTHER AGENTS
• INVENTORY OF ALL OFF MARKET PROPERTIES
• VISITS ON THE GROUND OR VIRTUAL TOUR
• OFFER & NEGOTIATION STRATEGY
• SUMMARY OF THE SALE PROCESS IN France
• FINAL NEGOTIATION
• OFFER ACCEPTANCE OR COUNTER OFFER

 

STEP 3: GOING INTO ESCROW AND NOTARY

 

• SCHEDULE ALL DESIRED HOME INSPECTIONS, (I.E. TERMITE, ASBSESTOS REPORT ETC ETC)
• APPROVE / NEGOTIATE REPAIRS BASED ON INSPECTION REPORTS
• SIGNED OFFER AND FIRST DRAFT AND EXCHANGE OF CONTRACTS
• PRE CONTRACT ESTABLISHED BY THE NOTARY. THIS COMES WITH A DOWN PAYMENT OF 10% AS A GUARANTEE DEPOSIT, AND HELD ON THEIR ESCROW ACCOUNT

 

STEP 4: CLOSING

 

• SIGNATURE OF THE FINAL SALES DEED. NOTE THE DELAY BETWEEN THE PRE CONTRACT AND FINAL DEED, IS BETWEEN 2 AND 3 MONTHS