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completion of property sale

Posted: Mon Mar 23, 2020 11:18pm
8 replies223 views5 members subscribed
deemac

Posts: 15

1 helpful points

Location: Torrevieja

Joined: 14 Jan 2020

hello all .

           we have a completion date of end of may but are abogado told us b4  the Corona virus pandemic  that we could complete start of April as all checks have been clear and everything is in order. 

any thoughts people 

Movingon

Posted: Mon Mar 23, 2020 11:32pm

Movingon

Super helpful member

Posts: 1857

1607 helpful points

Location: Albatera

Joined: 7 Feb 2018

Posted: Mon Mar 23, 2020 11:32pm

Has he got power of attorney? 

If not there is no way you'll be getting into Spain to complete on a purchase or for any other reason, residents only until further notice.

deemac

Posted: Mon Mar 23, 2020 11:37pm

deemac

Original Poster

Posts: 15

1 helpful points

Location: Torrevieja

Joined: 14 Jan 2020

Posted: Mon Mar 23, 2020 11:37pm

Movingon wrote on Mon Mar 23, 2020 11:32pm:

Has he got power of attorney? 

If not there is no way you'll be getting into Spain to complete on a purchase or for any other reason, residents only until further notice.

yes power of attorney was given. thanks for reply 

MeathMaria

Posted: Mon Mar 23, 2020 11:49pm

MeathMaria

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Posts: 599

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Location: Alicante City

Joined: 9 Jun 2019

Posted: Mon Mar 23, 2020 11:49pm

deemac wrote on Mon Mar 23, 2020 11:37pm:

yes power of attorney was given. thanks for reply 

Will you have two extra months of utilities, and taxes for a start to pay?

Perhaps more if you cannot get to Spain?

What benefit will it be for you to complete early?

Are you confident that everything is up to your expectations?    

It certainly must be a worry and disappointment for you at this time.  
Hope everything turns out well and you get to enjoy your new home soon.

Kind regards

Maria

VivienneAnn

Posted: Tue Mar 24, 2020 7:22am

VivienneAnn

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Posts: 258

434 helpful points

Joined: 7 Mar 2017

Posted: Tue Mar 24, 2020 7:22am

deemac wrote on Mon Mar 23, 2020 11:18pm:

hello all .

           we have a completion date of end of may but are abogado told us b4  the Corona virus pandemic  that we could complete start of April as all checks have been clear and everything is in order. 

any thoughts people 

Hi,

Congratulations on finding your new home.

We bought our house in 2017. The agreed planned completion was at the end of April in line with when we could get back to Spain.  However our abogada  who had our power of attorney completed on the 3rd of April while we were on holiday in the US.

All garden and pool maintenance ceased immediately and the house was no longer insured.  We were fortunate to be able to remotely put insurance in place and our estate agent arranged pool maintenance but it was a stressful couple of days.  We arrived in Spain to collect our keys early May and discovered a completely overgrown garden. 

Nothing really bad happened but just take into account any possible maintenance and insurance issues that may arise.  Also please take into consideration the current travel restrictions.

Regards

Vivienne 

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MeathMaria

Posted: Tue Mar 24, 2020 9:11am

MeathMaria

Very helpful member

Posts: 599

580 helpful points

Location: Alicante City

Joined: 9 Jun 2019

Posted: Tue Mar 24, 2020 9:11am

As Vivienne says insurance is something else to consider.

Last week I was in touch with our insurance company to arrange the renewal online

They seem to have gone away...   

 Hopefully just for few days on account of the current situation.  

All expenses that will add up.  
Please don’t get rushed into anything.  

Cheryl

Posted: Tue Mar 24, 2020 10:04am

Cheryl

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Posts: 2973

3538 helpful points

Location: Albatera

Joined: 8 Jun 2017

Posted: Tue Mar 24, 2020 10:04am

If it is for a permanent move you won't be able to get here, if it is a holiday home I can't see any point in moving it forward, you will just have the worry of an empty property and all the expense that entails. I'd keep my money for as long as possible and make sure the property is re-inspected before completion, we're having a lot of rain here at the moment and leaks are common.

deemac

Posted: Tue Mar 24, 2020 5:41pm

deemac

Original Poster

Posts: 15

1 helpful points

Location: Torrevieja

Joined: 14 Jan 2020

Posted: Tue Mar 24, 2020 5:41pm

thanks everyone. very useful advice.

pip123

Posted: Sun Apr 5, 2020 6:14pm

Posts: 1

1 helpful points

Location: La Mata

Joined: 24 Mar 2020

Posted: Sun Apr 5, 2020 6:14pm

We were due to complete early April, like you all paperwork etc is completed and every party has signed over POA. It has now been delayed until the lockdown is over and all parties/legal entities involved are back up and running properly. Our solicitor explained that it would probably early June, so we are just waiting it out.

Good luck.

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