NICOCASA presents
this concise guide to enlighten our prospective clients as to how
our business works, from the research of the right property to the
conclusion of a deed of sale in a clear way that is efficient following
these simple points….
THE RESEARCH
1) We suggest as a good rule that our prospective clients book an:
- appointment at one of our offices so that we may focus together
on the main
- property characteristics that you are looking for.
- Preferred area
- The size
- The type (apartment, cottage, villa etc)
- The structure (new, liveable, in need of restructure etc)
- External space
- Any particular requirements (garage, land, single storey etc)
2) For each property that meets your requirements the agency will
present a clear description together with any relative details,
plans and photos.
At the end of the viewing you can select a series of properties
that you will be able to visit together with us on future appointments.
3) At the same time you can be added to our mailing list and contacted
with any future properties that we may feel be of interest to you.
THE ACQUISITION
1) Once you have chosen your selected property and fixed the price
with the seller you will need to entrust the liaison of your chosen
technical consultant. In the event of not having one we can nominate
one for you from our extensive list of qualified professionals (engineers,
geometras or architects) who will ensure a structural check with
the relative documentation. We will take care to deliver any such
documents to you in the fastest time possible. In order to avoid
any nasty surprises we would also suggest that you ask your consultant
for a full and detailed breakdown of all costs that you are likely
to incur during the purchase of this property.
- Consultants report, checks and technical assistance.
- Costs of the Notaio and duties
- Estate Agency
- Transfer or connection to utilities 2)
You will be asked for a copy of valid identification, your fiscal
code and a signature of consent regarding the treatment of personal
data (Privacy Law D.Lgs 196/2003).
3) At the same time with the assignments appointed to the consultant,
you will have in your power, underwritten by the agency a proposal
of acquisition. The proposal of acquisition is a pre-printed form
and its use is appointed solely to estate agents and is registered
by the Chamber of Commerce. The Proposal of Acquisition, once
accepted by the seller permits the buyer to:
- Reserve the house ‘under offer’ for a period of
20/30 days. (This is the vital period when the buyer can carry
out any necessary checks).
- Make a clear statement to the seller of his/her firm intention
to buy
- Fix a written price
- Establish a time scale for the conclusion of business
Achieve a good result from the negotiation of the checks that
determine the conditions of the property, in particular of the
property being in a saleable state and in regulation with the
urban and land registry laws or for the attainment of a mortgage.
A serious proof of intention, the proposal of acquisition obligates
the buyer to pays across a small sum as a deposit to the agency
that will be refunded to the buyer in the event of the sale not
concluding.
4) At the end of all necessary checks on the property, with the
outcome of these being satisfactory to the buyer, you will be
guided to the conclusion of business with your technical consultant
in collaboration with the agency and the technical consultant
assigned to the seller with the drafting of the ‘preliminare
di compravendita’ or the ‘compromesso’ With
the signature of the compromesso the agency reserves the right
to commission.
With the new law, from 01.01.2007, by the l’Agenzia delle
Entrate the estate agent must register the compromesso at their
office and therefore you will be requested by the private drafting
of this document to make the necessary tax registration (if needed)
and the necessary tax stamps.
The compromesso obligates the buyer to make the payment of a confirmed
deposit (the maximum being 30% of the price).
THE FINAL DEED OF SALE
Before the termination of the established time scale, the estate
agent together with the entrusted technical consultant will negotiate
at the pre-chosen Notaio’s office. They will prepare the
completion of the final deed of sale and deliver all necessary
documentation to the Notaio who will draft the document. On the
agreed day of the final deed of sale it is important to provide
the Notaio with a valid document of identification and your fiscal
code. From 2006, buyers and sellers are legally bound at this
meeting to declare an assigned mediator together with the details
of the relative payment of commission, they will be inserted into
the notarial contract (in the case of false declaration there
are penal sanctions).
THE ACQUISITION OF A MORTGAGE
In the case of necessitating a mortgage, we can help you to find
the suitable finance for your requirements, consulting and requesting
proposals and details from many credit institutions. NICOCASA
estate agent has ‘agreements’ drawn up with important
bank and financial groups who can ensure a client receives a mortgage
guaranteeing the best possible conditions. You will be requested
to provide copies of personal documents and of your most recent
pay slips and or your last declaration of income.
NICOCASA’S COMMISSION CHARGES
At the conclusion of business the agency of NICOCASA will apply,
as is the general rule in this area, a commission charge that
comprises of:
- Visits to selected properties
- The negotiation between a buyer and a seller
- The drafting of a possible proposal of sale and or a compromesso
- The assistance in a contract with the agreement of the assigned
consultant
- The request for transfer of utilities to be undertaken at the
appropriate offices
A lawyer entrusted by us can be present in our offices at your
request. For a separate charge he can be available to offer consultation,
assistance and any necessary suggestions for a good acquisition.
Our guide is purely informative and is not binding. Often the
negotiations of a sale for a reason outside our control, direct
themselves in different routes to those illustrated herein, sometimes
with good results, sometimes with a lack of conclusion to the
business. It is our intention however, to take every effort and
predominately give you the human touch, our availability at your
disposal, our honesty and common sense …..
|