BUYING A PROPERTY
Bordeaux & Beyond’s extensive experience of the property market in the South West of France enables us to identify your perfect property match. And thanks to our comprehensive service to buyers, we will make sure your property purchase runs smoothly, taking care of every last detail.
If you are buying as a couple, with other family members or perhaps with friends it's good to have an understanding of what everyone's expectations are of your new home. You may not necessarily agree 100% with each other, but having an initial discussion now, will save you time later. We have put together some key points for consideration below.
The first stage in any property search is to try and establish what you are looking for. We have put together a number of questions for you to ask yourself to help you make this decision:
Once you have organised your initial thoughts bear in mind that a certain amount of flexibility may be required. Buyers often start off with a settled idea then fall in love with something quite different. This is part of the journey.
The buying process varies from country to country and this may be the first time that you have bought a property in France. You can be reassured that the process is very straightforward and relatively simple, but there are key moments in any transaction that you should be prepared for. The milestones of buying a property in France are highlighted below.
Once you have visited with Bordeaux & Beyond and found the perfect property for you, we will provide you with all the relevant information including diagnostic reports, drainage dossiers and cadastral plan to allow you to make a considered offer. We will then guide and assist you through the negotiation.
Once your offer has been accepted your agent will ask you to sign a letter of intention or a promesse d'achat. This is a document that is not legally binding, for the buyer, but it does engage the seller. The document will outline your details, the address and description of the property, the name of the owner and the price that you are prepared to pay. It will also specify if you are purchasing the property with cash or if you require a loan.
Your agent will collate the information necessary for the Notaire to draw up the compromis de vente or the sous seing privé. You will be requested to complete a form which provides your date and place of birth, full name, current address etc. You will also need to send a copy of your passport/identification card. This information along with the diagnostics report for the property, the drainage report and cadastral plan will be send to the Notaire.
French law dictates that all property transactions MUST be overseen and quite literally rubber-stamped by a Notaire, who amongst other things draws up the title deeds.
A Notaire is a legally trained representative of the French government, and their role includes:
Your notaire is also responsible for ensuring that you fully understand every part of the purchase process and the sales contracts. They have the authority to appoint an accredited translator to be present during the two signings. This will be at your charge and will be your opportunity to gain the necessary reassurance on your acquisition in France. The cost for this service may vary, but a guide price is 200€ per hour.
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