buy property in France

THIS is a common question posed by our clients when they come to see us here in the Dordogne.

French law requires that all real estate loans in France be insured so that the lender is paid in full in the event of the borrower's death. While it is possible that an existing life insurance policy could be assigned to the bank and offered as proof of insurance, typically the bank will impose its own policy at fixed rates as a requirement of granting the mortgage.

Step 1. The Compromis de Vente

This is the first contract that the purchaser and vendor will sign and is a legally binding document.

Photo: Monpazier office de tourismeIf you find the idea of owning real estate in France in an area rich in medieval history, appealing then the south west of the country is a great place to start looking for hidden property treasures.