British Expats
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British Expats (https://britishexpats.com/forum/)
-   Spain (https://britishexpats.com/forum/spain-75/)
-   -   Placing an offer on a resale (https://britishexpats.com/forum/spain-75/placing-offer-resale-437564/)

keithwalters Mar 27th 2007 4:02 am
Re: Placing an offer on a resale
 
Originally Posted by mka2 (Post 4568246)
i have just sold my house in spain this week, and my agent has said that no black money can happen now as it is ilegal so the ful price is being declared. maybe you should double check this.
Black money has always been illegal, but believe me it happens!!

Usually the only way to avoid black money is to a) buy off-plan, or b) buy from a British seller as they are more easily influenced.

The agent is quite right to deter you from asking for black money, but I don´t think Spanish sellers are quite so easily influenced by agents or buyers.

mka2 Mar 27th 2007 4:04 am
Re: Placing an offer on a resale
 
Originally Posted by keithwalters (Post 4568266)
Black money has always been illegal, but believe me it happens!!

Usually the only way to avoid black money is to a) buy off-plan, or b) buy from a British seller as they are more easily influenced.

The agent is quite right to deter you from asking for black money, but I don´t think Spanish sellers are quite so easily influenced by agents or buyers.
i know it happens as when i bought mine 18 months ago there was a large chunk of it. but it seems like there acctually cracking down on it now.
i guess its just a matter of being careful


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