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Placing an offer on a resale

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Placing an offer on a resale

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Old Mar 27th 2007 | 4:02 am
  #31  
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Default Re: Placing an offer on a resale

Originally Posted by mka2
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.
 
Old Mar 27th 2007 | 4:04 am
  #32  
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Default Re: Placing an offer on a resale

Originally Posted by keithwalters
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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