View Single Post
  #133  
Old 18-04-2008, 02:57 PM
robh's Avatar
robh robh is offline
Premium Agency Member
 
Join Date: Jun 2007
Posts: 804
Default

Quote:
Originally Posted by JMBroad View Post
The main difference is if you do a search on google for "overseas property investments" you get a zillion small companies which are run by three chaps operating out of their bedroom in Peckham.

If you can't do DD on the property you are looking to buy because you don't speak the language then common sense dictates that you should do your DD on the agency you are using to ascertain whether they are competent enough to represent you.

I'm confident that most of the agents who actively participate on the Brazil forums would pass a DD, but I'm also sure that there are one or two that would fail. The vast majority of agents lurking in the backgrounds of these forums would probably fail miserably.
Why trust the agent anyway, a good agency will have done checks on what they sell, provide a good service and advice, but ultimately the buyer should engage a lawyer to check everything is correct.

You know it makes sense JM .
Reply With Quote