How to buy property abroad
Purchasing property anywhere in the world will follow some form of legal
system. Some are very simple, others can become quite complicated. The
overseas partners that you will deal with via Affordable House-Home in
Turkey and North Cyprus are all
able and qualified to lead you through the process of the country you are
purchasing in.
It is very important for you to realise that if you are purchasing with a
mortgage, the missing of a payment in some countries can cause immediate
foreclosure on your property.
Before you go on your inspection trip check the currency that you will be
purchasing in and have a Foreign Exchange already set
up with funds available for release on signing of the contract, for
information on this read the Foreign Exchange
page. Do not lose money by using a high street bank.
If you will require a mortgage discuss this with an Independent Financial
Advisor. They can advise you on equity release, mortgage and all forms of
raising funds. Once again you are advised not to use banks (regardless of
how long you have been a customer).