Buying real estate: what additional costs will you have to pay?


Buying real estate : what additional costs will you have to pay?

You wish to buy a house or an apartment? Calibrate your budget well because additional costs are to be paid in addition to the purchase price of the property.

Remuneration of the professional in charge of the transaction

A real estate agent acted as an intermediary during the transaction between you and the seller? Fees must be paid to him and they are not supervised.

The real estate advertisement must indicate the amount of these fees (as a percentage) and who has to pay them, the seller or the buyer. Generally, they are paid by the seller.

If the fees are payable by the buyer, the advertisement must stipulate the selling price of the property including agency fees and the selling price of the property excluding fees.

A notary may also act as an intermediary, and his remuneration is set out in a fee agreement.

The costs related to the signing of the deed of sale

In the case of a property purchase, notary fees are payable, which are the responsibility of the buyer. In the case of an old property, they represent 7% to 8% of the selling price and 3% to 4% in the case of a new property.

These are taxes (known as “registration fees”), most of which are paid by the State and local authorities.

Notary fees also include what are known as fees and disbursements (fees advanced by the notary for obtaining planning documents, etc.), as well as the notary’s remuneration according to a scale based on the price of the property.

Namely, the notary asks for a provision on the amount of the costs and his emoluments.

Costs related to the real estate loan

Are you financing your project with a home loan? When the funds are released, the bank will ask you to pay a certain number of fees, which are added to the amount of your loan.

The National Agency for Housing Information (Anil) states that there are application fees to take out a loan, which are set at a flat rate or as a percentage of the borrowed capital. This amount is negotiable.

In Orly, a couple claim to buy a house in the south to enter France


Buying real estate : what additional costs will you have to pay?

Desperate to "take advantage of the south of France": a Franco-Canadian couple was arrested Wednesday at Orly airport after having allegedly bought a house in Toulon, in the Var, a "com......

Remuneration of the professional in charge of the transaction

A real estate agent acted as an intermediary during the transaction between you and the seller? Fees must be paid to him and they are not supervised.

The real estate advertisement must indicate the amount of these fees (as a percentage) and who has to pay them, the seller or the buyer. Generally, they are paid by the seller.

If the fees are payable by the buyer, the advertisement must stipulate the selling price of the property including agency fees and the selling price of the property excluding fees.

A notary may also act as an intermediary, and his remuneration is set out in a fee agreement.

The costs related to the signing of the deed of sale

In the case of a property purchase, notary fees are payable, which are the responsibility of the buyer. In the case of an old property, they represent 7% to 8% of the selling price and 3% to 4% in the case of a new property.

These are taxes (known as “registration fees”), most of which are paid by the State and local authorities.

Notary fees also include what are known as fees and disbursements (fees advanced by the notary for obtaining planning documents, etc.), as well as the notary’s remuneration according to a scale based on the price of the property.

Namely, the notary asks for a provision on the amount of the costs and his emoluments.

Costs related to the real estate loan

Are you financing your project with a home loan? When the funds are released, the bank will ask you to pay a certain number of fees, which are added to the amount of your loan.

The National Agency for Housing Information (Anil) states that there are application fees to take out a loan, which are set at a flat rate or as a percentage of the borrowed capital. This amount is negotiable.

Chocolate consumption in Switzerland at its lowest level in almost 40 years


Buying real estate : what additional costs will you have to pay?

Zurich (AFP) - Swiss chocolate has not escaped the shock of the pandemic: the consumption of one of the flagship products of this Alpine country melted last year to its lowest level in nearly 40 years......

Remuneration of the professional in charge of the transaction

A real estate agent acted as an intermediary during the transaction between you and the seller? Fees must be paid to him and they are not supervised.

The real estate advertisement must indicate the amount of these fees (as a percentage) and who has to pay them, the seller or the buyer. Generally, they are paid by the seller.

If the fees are payable by the buyer, the advertisement must stipulate the selling price of the property including agency fees and the selling price of the property excluding fees.

A notary may also act as an intermediary, and his remuneration is set out in a fee agreement.

The costs related to the signing of the deed of sale

In the case of a property purchase, notary fees are payable, which are the responsibility of the buyer. In the case of an old property, they represent 7% to 8% of the selling price and 3% to 4% in the case of a new property.

These are taxes (known as “registration fees”), most of which are paid by the State and local authorities.

Notary fees also include what are known as fees and disbursements (fees advanced by the notary for obtaining planning documents, etc.), as well as the notary’s remuneration according to a scale based on the price of the property.

Namely, the notary asks for a provision on the amount of the costs and his emoluments.

Costs related to the real estate loan

Are you financing your project with a home loan? When the funds are released, the bank will ask you to pay a certain number of fees, which are added to the amount of your loan.

The National Agency for Housing Information (Anil) states that there are application fees to take out a loan, which are set at a flat rate or as a percentage of the borrowed capital. This amount is negotiable.