100% AGREE, NEVER ,EVER EVER BUY OFF PLAN,
That lovely brochure, that site model in the sales office ,the promised back up legal system and bank guarantees are a far cry from reality.
Think of it this way ? Those £99.00 trips.bottles of vino and that spiv agent who is lying his or her teeth off will do and say almost anything. WHY ? MONEY MONEY MONEY
Think about it a E250,000 property can be worth can be worth E12.500 Euros to the sales agent and no guessing who is paying him/her/YOU ARE AND THE OTHER 50% goes to the agents estate agent company. THATS E25.0000 Euros of your money,
RESULT ? Over inflated asking price and negative equity from day 1.
It comes worse than that when you come to sell as these many of these so called E,A. s ask what you want to sell your property for and say its E300,Euros they wil advertise and sell for say E400,000 and gues what ? YOU SAID YOU WANTED E300.000 so thats what you end up with.
Just Dan
This message was last edited by Just Dan on 7/13/2008.