Imagine stepping out of your luxury home or simple ski home, strapping on your skis and taking a run. There are large selections of ski homes for sale at many of the popular resorts worldwide. Some houses feature ski-in/ski-out facilities with immediate access to the slopes. From family houses to high-end condominiums, you are certain to find what you are looking for.
In this new home buyers guide we offer general advice on how to go about purchasing property from the word go. Each country has its own home buyers guide as property laws vary from nation to nation.
Before you go holiday home hunting you need to determine how much you will be able to afford to pay. This can be done by contacting your broker at your bank or a mortgage broker. They will be able to provide you with a spending limit. Property loan criteria will vary between institutes but will always require proof of income. When you have your price range in mind you will be able to begin looking around for property. With pre-approved finance, you will be able to make an offer on your dream ski holiday home without a worry.
It is now important to seek a reputable solicitor for all the legal implications of purchasing a home. You have the right to request a written quote for all the legal fees.
A booking deposit is generally required and will vary according to the price of the property. Your bank or building society will send a valuer to ensure the house is worth its purchase price. It is then advisable to have the structure surveyed to confirm that it is sound.
You can now sign the contract for your new ski holiday property. The contract is legally binding. Ensure you have mortgage protection and building insurance on the house. On the closing date the solicitor will present the cheque, collect the title deeds and give you the keys.
We trust that this buyer’s guide has been helpful. If you have any other tips you think should be added to this first time buyers guide please fill in a feedback form.