Not sure if this is the best place to post this and I apologize if it has been posted before but I am hoping one or two of you can help with a query I have.
I own a property in France and would like to move, I have heard some horror stories of how people have to pay (up front) some crazy amounts in deposits etc, does anyone know if there is a way that deposits can be paid from the sale of a property rather than having to find it up front as cash.
Answers from actual experience please not hearsay - thanks in advance, Roz
5% and the chéque is cashed by the notaire. Some still ask for 10% but I've just paid 5% on the place we're buying (sixth time I've bought here (5 places sold here too!). It is possible to sign a compromis de vente without paying a deposit (I've done it once) but it is very rare and the vendeur has to agree.