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Step 2
Once you have selected your property
and commit to buying by paying a deposit, a number of
actions out of your control will take place and dependent
if you are buying a property or building plot the duration
can range from two to eight weeks. The reason for the
length of time is the various international government
checks, often being completed in two weeks but can take
up to 7 or 8 weeks more of this in step 3.
Once a price has been agreed the estate agent will draw
up an agreement/contract for you to sign. This will
require you to forward a deposit (agreed by the seller
and the buyer) to the estate agency holding bank account
(by electronic transfer) to be passed on to the legal
team and then the seller. The deposit is non refundable,
unless you have an agreed valid reason for withdrawing
from the sale, the seller will also have to return the
deposit and a penalty if he withdraws from the agreement.
We will also need a photocopy of your passport or a
photocopy of each party involved in owning the property.
Step 3
Once he deposit and contracts have been exchanged a
number of government checks will take place, this is
out of the control of your acting agent. These checks
will include contact with your local government to check
for criminal activity and may include other checks,
if you are not accepted the deposit will normally be
returned..
If you are buying a building plot other checks will
take place to assure that the land you are buying is
not to be used for other than domestic or by local government
services such as schools, fire station, police etc.
For other information about building your own house
see our Development section of our site.
This process can take up to eight weeks, but normally
is around four weeks.
Step 4
Once all the searches have been returned and complete
the final steps of purchasing can take place. This involves
the remainder of the balance of the purchase price and
any commissions which will added to the total price.
When the balance and any commissions have been paid
the title of the property will be exchanged.
Remember to take out insurance for fire and theft, (check
out our page from the main menu), we also help with
property maintenance and renovation. We also provide
other services such as cleaning, weekly airings and
garden maintenance, in addition to our letting services.
Welcome to Turkey and your new home and a gentle way
of living. |
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