| The Comments |
|
|
Margarita Molina
Aldea Advisors
C/Jara 18, 2º F
Cartagena
Tel:0034968122967
m.molina@aldeaadvisors.com
looked into every detail and wouldn't complete until everything in
_______________________
www.condadoexcursions.com Airport Transfers Day Trips Alhama de Murcia Taxi No 10
tel +441212881323 +34 622714979
0
Like
Spam post or Abuse? Please let us know
|
Hi Dringman
We also have the same solicitor as yourself and also have found her to be very professional and would highly recommend as well.
John & Val
_______________________
 John & Val
0
Like
Spam post or Abuse? Please let us know
|
Is anyone out there using Danil Service????
We were put in touch with them by Parador, which probably wasn't a good idea but we needed to appoint a solicitor at short notice so just went with who they recommended.
They are very slow to respond to emails. I have now sent them two asking if they have received our final payment and am still waiting for a reply. I have also asked them about the habitation licence and no reply.
Jackie
0
Like
Spam post or Abuse? Please let us know
|
We have also gone with Danil Services arranged by Parador Properties. We are due to complete next week on Jardines 13. We have not had much contact with the solicitors but have sent emails and received them back promptly so can't really complain. We went out in March and arranged our NIE numbers and Wills which we did via Parador properties so we are making sure that we get something for the 700 euros we paid to them although we have had to push them slightly.
We have found getting anything back from Polaris World more difficult than either Parador or Danil Services.
Tom & Alison
0
Like
Spam post or Abuse? Please let us know
|
Hi
I am very interested in talking to anyone in this block pls. Ihave a completion date of 31st July, are all your dates around the same time, if you could let me know pls.
Does any one know how and when we can find out if they have our habitation certificate. I know it's when we complete but i read that someone did not complete because whoever did not have that certificate.
Also how can snagging be done in one day, and with no utilities conected how on earth do you check it all, lights water gas etc. If anyone can pls enlighten me I would be grateful.
M Gracias
Saludos
0
Like
Spam post or Abuse? Please let us know
|
|
just a quick one, what does the solicitor do for their 1200 euro. do they just make sure you have a habitation licence. would it be an idea to just transfer the money to polaris when they send proof of the habitation licence to you and then head off to the notary with polaris to close. maybe im just trying to cut costs but i have a good lot of apartments purchased and 1200x40 adds up
will i take the chance?
This message was last edited by ace on 7/4/2008.
0
Like
Spam post or Abuse? Please let us know
|
Hi all
Using a solicitor it a complete waste of money as you could put the money you pay them too much better use rather than feeding their extravagant lifestyle for doing little that you couldn’t do yourself.
That s until it all goes wrong, as it all to often can, but hay as long as you can afford to loos 100K+ it not a problem. For me 1200 euros well spent.
Regards
Phil
0
Like
Spam post or Abuse? Please let us know
|
If you are worried that a solicitor might actually be necessary, you should maybe employ one for the first one or more and then if everything seems to be simple paper work procedure,then don't use one for the remainder of the properties!
Best Wishes. let me know how you get on! Geoff.
0
Like
Spam post or Abuse? Please let us know
|
|
No, not really, but I would recommend that he insures every property against fire damage now that you have mentioned it...... Which is another subject altogether and not related in the slightest to employing a solicitor for purchasing 40 properties in Spain!
Another suggestion I would maybe consider then, is to arrange a discounted set fee for each property, or maybe even a set fee for your complete property portfolio in Spain.
I offer these suggestions only to try and offer a little help to 'ace' as he asked a question. You are probably right though PGM, my first suggestion below is undoubtedly more of a risk and my latter suggestions are more sensible, but I guess if ace has bought 40 properties at Alhama, then I suggest that he might not mind a bit of a gamble.....
Maybe you have a suggestion for ace PGM? Geoff.
0
Like
Spam post or Abuse? Please let us know
|
As I use solicitors day in day out for business stuff then the main question is why, when I actually know what I'm doing (generally) to complete on the purchase of a residential or commercial property.
And the main answer coz if something goes wrong then you have someone to sue, and as they have passed their professional exams they have been able to insure themselves (Professional Indemnity Insurance) with an appropriate body who have made sure that person is fit, proper and competent to undertake the job you are paying them to do which is obtain good title for you on your property (and not that they will respond to every phonecall/e.mail in a prompt manner).
If one of my clients was buying 40 properties in 1 go (£4m+) then i would expect them to have a retained external solicitor or maybe an in-house one. I am assuming Ace is a professional property buyer either for himself or as an agent for an investment portfolio.
Even my biggest customers use solicitors for the purchases in the UK whether in-house or external, and yet they know what to do on the simple legals, but doing it in Spain with foreign documents and idiosyncrasies of the system, then if you can afford £4m then you can afford €32k.
To suggest (if that is the case) to any individual buying a single property in Spain to not use a solicitor is to suggest taking a major gamble on £100k that you can insure for €800 (spread that €800 over the life of the property/years of ownership).
Unless you are a professional buyer who knows exactly what they are doing and buy so many properties that the risk is spread on one going wrong, then quite simply use a solicitor. This message was last edited by shampers on 7/6/2008.
_______________________
Dave
0
Like
Spam post or Abuse? Please let us know
|
hi shampers,thanks for your comments,it was stated on an earlier post that the solicitor brought a file with him that he had to get two people to carry for him to buy 1 unit on condado. this was done id imagine to justify his fee to bring his client to the notary. i cant wait to see for the forklift to carry my lot.i hope autotrader mags dont fall out of it. if polaris went burst after you close and it came about that the planning was granted illegally for condado can you sue your solicitor i wonder? im purchasing on behalf on few a people who dont even know where condado is and id say if they saved 40k id get 10 of it. if they find out from their business buddies that i spent 40k of their money on an advisor and a taxi to the notary???im kind of looking at it like a life insurance policy on an investment property. the person benefitting from you taking it out will tell you you need it but when it comes down to it you dont and its the greatest waste of money.you need a solictor in the uk and ireland,you dont need one in spain to complete.
if a personal advisor came to you in the uk offering his advice on purchasing a property in the uk for 1200 euro would you employ him?
what did your solicitor do for you..we all know now the habitation licence is available.i cant see what else there is only the snagging and the keys. This message was last edited by ace on 7/6/2008.
0
Like
Spam post or Abuse? Please let us know
|
Well actually you don't need one in England/Wales (don't know about Ireland and the Jocks have different property rules to England & Wales so I can't comment on Scotland either).
I am more than capable of doing the conveyancing on English/Welsh properties (as I used to do it in-house for my employers years ago) but i choose not to on my own UK properties as I'm not doing it day in day out so one little mistake may cost me and €800 as a one off to own something for 20 years is a small price to pay to know i can sue someone else for a little error.
Seriously if you're buying 40 properties I doubt there is much advice that we can give you as apart from a couple of people on here who are buying a couple of properties then no-one is in your league.
What if you took the gamble and didn't use a solicitor and one went wrong and the 'owner' sued you ?
_______________________
Dave
0
Like
Spam post or Abuse? Please let us know
|
id imagine my insurance would step in on that one, i wonder if its a good idea to transfer the closing balance funds to a solicitors client a/c somewhere in spain. i presume you can just send it to polaris direct. as for info from this forum, i dont think i could get better advice anywhere else, the people here are honest and helpful and it costs nothing for their advice.the people here are not out to rip you off and the advice received here has been invaluable.
ace.
0
Like
Spam post or Abuse? Please let us know
|
I agree with the info on here, very useful.
Am sure any solicitor would be delighted to hold your money in escrow pending giving it to PW at completion as they make money on holding clients funds.
On the using of a solictor again............... would your insurance coy pay up if they could argue that if you'd used a solicitor then the issue wouldn't have cropped up.
As a minimum they may say 'contributory negligence' and ask you to pay some of the money you are being sued for.
All ifs and buts, but that's what insurance is all about, and a solicitor is in reality only the same as an insurance policy. Only of real use if something goes wrong either now or in the future.
Check with your insurance coy what your position would be (I presume this is your PI cover as an agent)
_______________________
Dave
0
Like
Spam post or Abuse? Please let us know
|
My boss is a lawyer with around 30 years commercial and licensing law experience. He STILL employs other solicitors to do work on our comany's behalf for exactly the reason Shampers says - someone to sue when something goes Pete Tong. He's no fool with money either so it's obviously a cost he is more than happy to live with.
_______________________
www.alhamagolfapartment.co.uk
0
Like
Spam post or Abuse? Please let us know
|
I have purchased five properties in the Northern Ireland in the last four weeks alone and I would never consider, 'not using' a solicitor, but the one I use now, I have agreed a considerably reduced set fee for each property (not a fee depending on the house price) and also for the properties I purchase in the future, as he knows I'm gonna be buying more...
As for 40 properties at Alhama, I haven't much experience buying abroad, but I can only assume that I would do the same there regarding solicitor as I have been doing in the UK.
This site is great for advice and suggestions and it shows me that there are some great people purchasing properties at Condado de Alhama and there should be good times and good people to meet in the future there. Regards. Geoff.
0
Like
Spam post or Abuse? Please let us know
|