Quote:
Originally Posted by Jain and Chris
Well, you need to ask the agents, just as you would in the UK, as to what their charges are.
What extra costs do you feel are involved here from the agent?
Why are you paying in cash? Do you mean travelling to Bulgaria and paying in cash or do you mean you are paying by bank transfer? If you are paying by bank transfer, do you say on your transfer payment what this is for? If so, this is traceable....
Of course agents fees are taken off valuation by a bank... they are only interested in bricks and mortar valuation - exactly as in the UK
Would you buy a property in the UK without clarifying these things?
Naturally you can obtain figures concerning the price you pay for the property, price yo pay for the f&f, price for estate agency fees........ you only have to ask, simple as that
Good luck
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Too late now, I have learnt a lot and would certainly not encourage any of my associates to buy in Bulgaria. There's too many added-on costs that are not made clear at the beginning and certainly not imparted to a buyer when they are paying the reservation fee.
You seem to support this 'lambs to slaughter' hard sell. I am a professional person and I certainly didn't expect to be 'lied' to to get a signature, I was naive and taken in and will have to pay the price but I will try to help others from making the same one. It all comes down to making an 'informed' decision and I made the mistake of relying on an agent to be moderately honest with the facts instead of preparing myself beforehand.