How to buy a home abroad 
Tip Sheet Credibility: 56
created by stewartandersen
Tip Sheet
| If you think of buying a home abroad, then think twice! It might even be a good idea to rent a house for 6-12 months before you buy your own - If you rent you will get to know the area, and find *the* house even at a better price Tip Credibility: 97 (Best Tip!) |
| If you think of buying a house abroad, then ask about the rules (tax etc) of the future eventual sales situation. You might be in for a big surprise, because of a very different system than the rules in your home country. Even inheritance rules differ Tip Credibility: 69 |
| It's best to see the house first or you don't know what you are getting in to. some people cheat with photos and images and stretch them, widen them to make 'bigger' sized room affects. even if they don't you still don't know the area. Tip Credibility: 57 |
| Thinking of purchasing a home in another country? 1)don't be afraid to ask questions 2)always use independent financial and legal advisors and above all, don't allow yourself to be rushed into making a decision by an agent or a developer Tip Credibility: 47 |
| The interest in purchasing property abroad has increased at an amazing rate in the past few years, fuelled in the UK in part by a booming domestic housing market (2000-2007 approximately) making overseas properties seem good value for money. Tip Credibility: 18 |
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