The following information about what is involved has been supplied by ‘Spanish Property Auctions.’ Auction house practice will differ. What does the auctioneer do? In most cases they will take clients to view homes, give them advice on legal matters, help them find mortgages and point them in the right direction when they need it. Who benefits from a property auction? It tends to be people who have tried the traditional estate agent route and it hasn’t worked. They’re probably keen to sell-up as quickly as possible. For the buyer the advantage is the number of bargain properties on sale. What are the safeguards? You can arrange to inspect the documents for a possible purchase prior to … [Read more...] about Spanish property auctions
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Who’s who in the Spanish property buying minefield
Because of this it is worth seeking the advice of professionals. That doesn’t mean that everything will always go smoothly, but usually at least you have a method of complaining if it doesn’t. The variety of professionals available to help can also be rather confusing. Here we’ve compiled a little glossary to help you with the titles of the legal and financial people that you might need to use. Abogado – The abogado is a Spanish lawyer - a trained professional who can check the legal status of your documents, carry out inheritance instructions and complete the usual kinds of tasks you would expect of a solicitor in the UK. Notario – The notary is a public official who does not act on … [Read more...] about Who’s who in the Spanish property buying minefield