Top 5 mistakes when buying a house in Spain.


Top 5 mistakes when buying a house in Spain.

Many buyers of a house in Spain make the mistake of doing the following in the purchasing process.

1. Make the first payment too fast.
Before you make a first payment to the seller, you must be sure that you have negotiated everything you would like. Once you have paid anything, it is more difficult to negotiate with the seller. The seller already has a portion of the purchase price and therefore your negotiating position is weak.

2. Not putting everything on paper.
Often, negotiations take place when considering buying a house, but are left as a verbal record; for example, an arrangement about painting to be done. This happens under the denominator, "we'll do that later". Or "that will be fine". It may sound fine, but could be ‘’forgotten’’, so put it on paper. That prevents arguments later.

3. Insufficient monitoring of the areas. The areas of the plot and the property are insufficiently registered. These must correspond to the areas listed in the property register. Deviations often occur and do not have to be a problem, but they must be corrected by the seller when transferring.

Read on in buyer tips. Top 5 mistakes when buying a house in Spain.  

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