Buying a property is an important step in life. It can be a wonderful experience or a real source of stress. Hence the need for proper guidance from professionals and access to the necessary information. How do I know if I am getting a good deal or not when buying a house? What are the important points to think about when buying a property? At what point is the property in my possession? VFP has been helping buyers and sellers for almost 35 years and offers you 10 things to think about when buying a property.
1. Contacting VFP
The first step is to contact an estate agent who will inform you about the different steps, suggest properties and accompany you in the purchase. VFP will then give you an exhaustive list, the “Buyers’ Checklist”, including the points, documents and steps to be taken when buying a property.
2. Visit the various properties on offer
We are at your disposal to show you the properties that have caught your attention. Please take the time to discover the properties that appeal to you.
3. Find out about the property you are interested in
If a property has particularly caught your attention, it is important to request documents that show the condition of the property, such as a list of works or those to be carried out. VFP will provide you with a list of documents to request.
4. Favourite property: make an offer
One of the houses or flats has completely charmed you. A real “coup de coeur”. Now is the time to make an offer. If you wish to negotiate the price, VFP will also advise you on the percentage reduction that should not be exceeded. If the offer is too low, the owners may choose another offer.
5. Choosing the notary
Your last offer was accepted, congratulations! You must now choose a notary. Please note that the notary fees are also payable by the buyer. This figure will be provided to you in the “Buyers’ Checklist”.
6. Secure financing from your bank
At this point, it is important that you have confirmation from your bank (if needed) that they agree to finance you.
7. Preparation of a draft act
When preparing the deed of sale, a few technical points need to be defined, such as the value of the furniture, the integration of the parking space or the date of possession. Some points to check in your checklist.
8. Signature of the deed
The time has come to sign the deed. A percentage of the amount of the sale must have been paid into the notary’s account. You must come to the appointment with an identity card for the signature.
9. Taking possession
Payment of the balance of the sale or an irrevocable promise from your bank must be sent by the day (2-3 days before to avoid delays) of the taking of possession.
10. Change of address
Changes of address have been made for the day. Please let us know where you would like to receive invoices and other mail relating to your new property.
If you would like to start the process of buying a property in Verbier, we will be happy to assist you:
Call us on +41 27 775 30 10
The office is open from Monday to Saturday
from 8am to 12pm and from 1.30pm to 6pm