Hi All,
I am in the middle of buying a bank repossession (Torrevieja) and I understand that the water and electricity have been disconnected so my solicitor has said that can be sorted with the electricity needing a "Boletin" which I understand to be a safety certificate.
Whilst I was in with my solicitor I asked her about any outstanding taxes/fees on the property and she informed me that they would all be paid up to date by the bank. Now on various forums I have read that the banks hold back monies to cover these outstanding bills,as the bank is technically the seller I am not too sure how it all goes.
In 2004 I did have a place and bought it in a private sale with a small mortgage and I can remember the bank saying they withheld some of sellers money in case of any outstanding bills.
I don't fancy a massive bill that would take the shine of my bargain
.......
Nick