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Are Portuguese banks not still struggling with unwanted property on their books? I would approach a local real estate agent and take their advice.

Some of these banks are giving property away last time I heard with assets priced to move. There are still plenty of bargains in Portugal and the way Brexit is going I think they might get more attractive in the short term. If it was me I would not necessarily rush in just yet. I will be starting my property hunt in the French Alps this year and I have a question for the more experienced people out there. I heard something that I would like to get confirmed. A colleague told me that the difference between the real price of a plot or a property can be quite different from the advertised price online, particularly when the seller is targeting foreigners. How much, on average, would you say that the price of a property cash loans in md can be negotiated down from whats shown online? The underlying story behind this is that apparently there is a rule in France that if someone offers the seller the asking price, they are obliged to sell so they list a much higher price than what they would be happy to sell for.

I will be starting my property hunt in the French Alps this year and I have a question for the more experienced people out there. I heard something that I would like to get confirmed.

A colleague told me that the difference between the real price of a plot or a property can be quite different from the advertised price online, particularly when the seller is targeting foreigners. How much, on average, would you say that the price of a property can be negotiated down from whats shown online? The underlying story behind this is that apparently there is a rule in France that if someone offers the seller the asking price, they are obliged to sell so they list a much higher price than what they would be happy to sell for. If you think about it logically if someone offers the asking price of course they will cash loans in md sell. Some immobiliers ask far higher prices though than others so if you find a property you like look on other sites to see if you can find it for less. Leggets for instance is notorious for raising prices. Other than cash loans in md that go with your gut, compare prices to other similar properties and make an offer. Having said that the property is lovely and well worth what we paid and more so we are happy. There is no hard and fast rule about the relationship between the advertised price and selling price. If you have invested in The Orchard Development, Bansko, through Bulgarian Dreams, it is in your interests to join The Orchard Action Group. It is a secure closed group with over 30 members at present, managed by other investors in development. Importantly, every member is validated before being allowed to join, so you can be assured (as I was) that membership is safe and secure.

I for one, do cash loans in md not wish to lose my money or apartment. The more investors that join, the more of installment loans michigan benefit it will be to all. We have recently measured an apartment at the Orchard upon the request of an owner. He and his brother had purchased identical apartments but one of them turned out to be smaller than the other one. If anyone is interested and needs assiance, please PM me for details. We also have some progress photos if anyone is interested.

I am particularly concerned with the delays to the project and when Block A is likely to be handed over. I am a journalist writing a feature for the Sunday Times about British buyers who have been left in the lurch by foreign developers. I am very interested in speaking to you about your action group. I have purchased in phase 1 block A and would like to join the group. Can you please send me details of the web site that you mention.

Tim If the journalist wants a good story for the papers he should also include the Pearl II in Bansko where one developer shot the other and we have all been left high and dry! If there is anybody interested in telling their story please PM me. I am one of the investor of Orchard apartment through Bulgaria Dreams,would you please contact me asap. I, like many of you watched the Watchdog programme last night and wasnt really that encouraged.

I have bought in Phase 2 of the orchard and am at montel williams payday loans the position whereby i cant get any answers from anybody. Owners legged it with the money, projects abandoned. Essentially they were only the agent, surely the more prominent question is whether or not the developer is still playing the game? Has anyone actually contacted this developer (and i use that term loosely) or has he jumped ship too, also has anyone physically been to Bansko to look at the Orchard site? There didnt seem to be too much mention of it last night. I have been to Bansko with another well know property company that the forum wont let me name, a few years ago and it seems to be a minefield of good honest people and unfortunatly no verification loans alot of muppets who are out to rob you. According to Watchdog the couple who ran Bulgarian Dreams were also the developers, and both offices in Sofia are closed.

The mortgage broker is advising that this is common practice, and has no repercussions.

They are, however, very reluctant to do this, and has advised we could be convicted of money laundering! I have asked a Spanish colleague and they have never heard of this practice, which is quite different than the undervaluation (with a cash bung on top) that I believe used to be fairly common in Spain. I am aware that in Spain, things are not always so simple! There seem to be plenty of practices that are not technically legal but are common practice.


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This all sounds very dubious to me, why on earth would someone pay more than the advertised price for a property? To clarify, the buyer is not intending to actually PAY more than the advertised price. They say that they need to do this so that they can have enough money to pay for all the fees and refurbishment they need to do.

Example - get mortgage for 240,000, pay seller 140,000 (but have 240,000 added to all legal documentation),have 100,000 to cover fees and payday loans hawaii refurbishment. This was a common fraudulent tactic in the pre-recession days in the US. It was a method to allow the buyer, with no money down, to buy the property with an 80 percent mortgage that in fact covered the entire purchase price and the closing costs. If reported it could cause the seller a catch-22 wherein they either have to admit to abetting fraud or else underpaying taxes. As a seller I am not sure why you would wish to get involved in fraud - doesnt make sense to me. Sell the property at the right price and file the correct paperwork. It has been a good few years for the Portuguese real estate market thanks in no small way to the golden visa ticket. This has attracted huge levels of investment which may otherwise have gone elsewhere. So, can Portugal apply loan online continue its recent progress and will we see further property price rises in 2020? The general opinion seems to be that Portugal will see further rises in property prices although the rate may fall slightly. The golden visa has been, and continues to be, a big help! According to Watchdog the couple who ran Bulgarian Dreams were also the developers, and both offices in Sofia are closed. Interlink BG are not the developers of The Orchard. If you have invested in The Orchard Development, Bansko, through Bulgarian Dreams, it is in your interests to join The Orchard Action Group.

It is a secure closed group with over 30 members at present, managed by other investors in development. Importantly, every member is validated before being allowed to join, so you can be assured (as I was) that membership is safe and secure. I for one, do not wish to lose my money or apartment. The more investors that join, the more of benefit it will be to all. I am also a purchaser of a property 2nd phase and I want to join the action group. I am also curious what actions purchasers of properties 2nd phase have taken. If anyone has any news or knows anything it would b great if you could point me in the right direction. Essentially they were only the agent, surely the more prominent question is whether or not the developer is still playing the game? Has anyone actually contacted this developer (and i use that term loosely) or has he jumped ship too, also has anyone physically been to Bansko to look at the Orchard site?


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There didnt seem to be too much mention of it last night. I have been to Bansko with another well know property company that the forum wont let me name, a few years ago and it seems to be a minefield of good honest people and find private lenders now unfortunatly alot of muppets who are out to rob you.

Within that budget what sort of property size can I get and what could be the best option in terms of both short term rental and appreciation potential? Are Portuguese banks not still struggling with unwanted property on their books? I would approach a local real estate agent and take their advice. Some of these banks are giving property away last time I heard with assets priced to move. There are still plenty of bargains in Portugal and the way Brexit is going I think they might get more attractive in the short term. If it was me I would not necessarily rush in just yet. Characterised by beautiful golden sandy beaches, stunning mountain ranges and natural scenery, Albania represents an unspoilt, pristine environment. Thus far this jewel of the Adriatic has been a secret only shared among the more adventurous and inquisitive holidaymakers. The mountainous country is filled with pristine rivers and sparkling mountain springs, bustling cities and charming towns, and its rocky coastline stretches hundreds of kilometers along both the Adriatic and Ionian Seas, providing stunning beaches that rival those of its better-known neighbors like Greece, Italy, and Croatia. Today the country is being built up fast by a people eager to recover from almost 50 years of an oppressive communist dictatorship and the unrest that accompanied its transition to democracy. Here are ten reasons why you should buy your ticket, pack your bags, and beat the crowds to this remarkable Balkan nation. Might be an idea cash loans in md to drop the site owners an email (or hope they may read this) and ask them to do an article about Albanian property on their blog. This post has got me thinking - which other countries are still stigmatised by their past when they have changed a lot over the years?

Are a lot of them now members of EU or trying to gain membership? This should bring massive financial support and could be a game changer. Hi all, I am looking to buy on the Costa Blanca, have been to El Campello three times and love the area, the criteria I have is near to the Airport, as a lot of the time we will only be there for a couple of days, within walking distance of a town, and access to good transport links as we do not wish to hire a car.

I just wondered if I was missing a hidden gem somewhere that I had not considered.