Guide to buying a property
A step-by-step guide to each stage of buying a property

The 10 steps of a real estate purchase

Buying real estate is a long-term commitment and an important step in your life, especially when it is your first purchase. The process can sometimes seem difficult. Good preparation and good advice will be your best allies in making your property purchase a success.
IFIC International explains how to carry out your project, step by step, whether you want to buy your main residence or make a rental investment.

1. Learn about the local real estate market
Whether you are at the beginning of your real estate search or at a more advanced stage, it is important to keep abreast of the evolution of the local real estate market and, more broadly, real estate news. Don't miss any real estate news by subscribing to our newsletter.
2. How much can you afford ?
Before starting your real estate search, it is essential that you define your purchase budget. To calculate your borrowing capacity, you must take into account : your contribution, the income of your household, the credits in progress if you have any. The interest rate and the duration of borrowing are also to be considered. To do this, ask several banks or call on a real estate broker who will play the competition for you to find a borrowing rate at the best conditions.
3. Create an email alert
The real estate market can be very competitive and evolve rapidly. But we can help you speed up your search. By recording your criteria, we keep you constantly informed by email and SMS, even before properties are listed on real estate platforms.
Create an email alert

4. Are you selling too ?

Searching for a property takes time, between 3 and 6 months on average. Working with a real estate agent can reduce your search time. So, do not hesitate to contact us to tell us about your project, our team will be happy to help you find the property that suits you. 

5. Start your real estate search
Looking for a property takes time, on average between 3 and 6 months. Using our services will considerably reduce this time because we carry out a thorough research of your needs in order to offer you targeted properties, perfectly matching your criteria. At this stage we will present you with a detailed economic analysis of the market, in order to provide you with clear and complete information on the state of the current real estate market. These new elements will perfect your search criteria.

6. Making an offer

Once your nugget is found, we help you position your offer (in terms of price) and present it (in terms of conditions), in order to put all the chances on your side. On the one hand, to "option" the property and on the other hand by what is accepted.

In the event that you condition your acquisition to the realization of work, our technical manager will advise you on the nature of the work to be carried out so that they also constitute a potential lever on the value of your property. We will inform you about existing energy renovation aid and direct you to the ones best suited to your situation.

Know that we do everything to give you as much time as possible to think. In addition, we make it a point of honor to answer all your questions upstream of a commitment and not downstream.

7. Sign the sales agreement
Has your offer to purchase been accepted by the seller ? This agreement is then sealed by the signing of the sales agreement. In order to secure your transaction as much as possible, our specialized lawyer conducts a detailed reading of the compromise before it is signed by the notary and will be particularly attentive in the event that you wish to carry out work under an administrative authorization. Once the compromise has been signed, you then have a withdrawal period of 10 days.

8. Get your financing

Following the signing of the compromise, you have a period of about 45 days to obtain your loan agreement, which is relatively short. To support you in this process, we put you in touch with our network of partners selected for their professionalism.

9. Sign the authentic deed of sale

About three months after signing the sales agreement, you can finally sign the authentic deed.

Congratulations, you now own your home ! 

10. Stay informed about the value of your property

Real estate represents the largest share of the wealth of the French. The resale of a property is carried out on average every 7 years. It is therefore important to stay connected with your agent on the news of the real estate market, so as not to miss out on opportunities that can improve your wealth situation. Our relationship with our customers is long-term. For this reason, more than 80% of our mandates are entrusted to us by our former clients with whom we have often had the chance to work on several generations of the same family. We propose you to become your "family agent" who will prescribe the best for your real estate assets.

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