As the process of buying real estate in France differs quite a good deal from the one in other countries such as the UK or elsewhere, the following article is designed to give a brief overview over the most important aspects of the property purchase process in France.
The report on termites is only a compulsory requirement in a number of areas, however completing the Etat Parasitaire is recommended for buildings over 25 years old. The report is valid only for 6 months.
Before a compromis de vente (CDV) or sales agreement can be signed, a fosse report has to be provided to the buyer. Therefore, Allez-Français as a company, strongly advises all sellers to arrange for all diagnostic reports to be done as soon as the property is marketed.
As you go on the market, there is a simple but important decision for you to make, about how many agents you instruct. The temptation of many sellers, is to go with several, rather than sole agency, which is of course, the “norm” in the UK.