05 Feb 2014 7:58 PM:
I'm new to the forum and am looking for some urgent advice.
I (with my siblings) nherited a property in Spain about 10 years ago. No action was taken at the time of my father's death to implement the terms of his Will. I have been advised recently that the local council have taken out an order over the property for unpaid taxes due to them. They are intending to take possession of the property and sell it.
I am trying to sort this out from the Middle East. I need to establish how much is owing, how much in legal fees it will cost to sort everything out and most importantly, how much the property is worth.
I need to know how much the property is worth before I can take a decision whether it is worth spending the money on legal fees etc. to recover it from repossession. I have a rough idea on legal fees, but the lawyer (in Burgos) is suggesting that he attends to inspect the property to have it valued. This seems excessive at this stage. I am happy to have a full survey done, but much later.
My view is that a basic drive by valuation (which I know will make huge assumptions about the condition of the property) is sufficient to tell me whether it is worth while spending anything on this.
Do you have drive by valuations in Spain? If so, how much do they cost and how can get in touch urgently to have this carried out?
Thanks in advance for advice.
Thread:
Repossession Pending - Drive By Valuation - Lawyers
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