Up to now if you couldn't pay your mortgage in Spain you had three months and then the bank would start proceedings to embargo (Repossess) your property. The process would usually take around a year and at the end of the year when nobody bought it at auction because of the debt on the property, original mortgage debt plus around 35% costs on top, the bank would adjudicate it to themselves at 50% of mortgage value, sell it onto an investor, usually another financial institution, and then start the process of recouping the money from you for the rest of time, they could embargo a percentage of your wages above 648 Euros per month.
All the latest news from Valencia Property
Looking at Property in a Different Way
Valencia Property started in business 11 years ago at the request of a friend to find him a property. About a year later we put the first website up and until about four years ago it was a total mess but did its job. About four years ago it became database driven after the previous webmaster had refused to do his job properly for a couple of years but the website was still a mess. Last December thanks to Steve at Microedge it became much more coherent and now makes sense for people arriving on the site.
Spain Is...
Spain is... First what Spain is not. Spain is not flamenco. Spain is not siesta. Spain is not mañana. Forget the stereotypes. The Opinion. Spain is an infinite loop of possibilities. (Speaketh the Apple Fanboy) Spain is enigmatic. Spain is still different.
Which Property Would I Buy?
I was asked the question which of the properties on the site would you buy if you were moving at the moment? For me there is no competition and I will tell you where and why in a moment but first let's look at why people buy property. Everyone has a different motivation for buying a property in Spain or anywhere else for that matter. Mine are as follows. I have three kids one of whom is away at University but the other two are small and want outside space if at all possible. I need 4 bedrooms therefore but also I need an office space, living room and decent sized kitchen because I spend a lot of time there. I am not too bothered about off road parking and I would prefer to have outside space and a pool but without the hassles of looking after it.
Valencia Property Video 300 Is Here
Well it is done! After all of your suggestions, some of them mentioned in the video, after quite a bit of procrastination, after placing a few secret videos as they were from my kids' concerts at school I have now finally finished the 300th public video on the Valencia Property You Tube Channel. That is a whole lot of videos. So enjoy and then look at some of the related videos below.
Feeling Awkward in Spain? Taking Photos and Videos
Today we have a guest post from Morten who writes for Javea Amigos. He has published this on Expat Forum but he said that we could use it as I thought that my readers might like it a lot. I did. It gets you thinking about different attitudes to life. I have also aded a photo here taken at my daughter's concert last week. It is like a Canon convention, so different to the attitudes prevalent in many schools in the UK. Anyway, read on about Morten's toe curling awkwardness! (Oh and you must read about bull football!)
A Hectic Week Of Valencia Property Photos
I have just spent a couple of days updating the website with new properties for sale in Valencia, not new build just new for the site. The reason was simple even if you don't believe it, so many properties have been sold recently that the Valencia Property site was looking a little bare.
Rooftops
One of the standard and enduring images of Spain is the little white house in Andalucia with views over the rooftops. It is a pleasant image and one that has attracted hundreds and thousands of people to Spain. There are other options rather than Andalucia though as evidenced by this property in Olocau. Simply put a lot of house for your money and great views over the rooftops.
Almost 300 Videos on the Valencia Property YouTube Channel
There are actually 299 videos currently on the Valencia Property YouTube Channel. I am looking for some suggestions for what to do with number 300 because it represents a bit of a milestone. What I thought I would do today here is embed a few to show what type of videos go up there and if you like you can then get over to the Valencia Property YouTube channel and subscribe to the feed so you see them as soon as they come out.
There's A Dead Clown In The Garden
I have been told the usual complaint about other estate agents many, many times, "but estate agents don't actually listen". Now I pride myself on listening to what clients want rather than taking them to what I want to sell them so when I saw this video this morning I thought it summed up the difference between my estate agency and many others very well.
Getting The Right Valencia Properties For Sale
As an estate agent in Valencia if there is one thing that satisfies me more than anything it is getting the right property at the right price and being able to offer it to the right client. This process makes my life a lot easier of course. This week the process has produced three excellent properties for clients who have already indicated exactly what they are looking for. So let's have a look at three very different properties in three price ranges and see what you get for your money.
I Love It When I Get Surprising Prices on Spanish Property
I was with a client yesterday looking for a flat in Valencia and I finally managed to contact the owner of a place that has been looking interesting right by the Central Market in Valencia. I have to say I was rather confused because I had seen it at one price from the owner and then also noticed at a considerably cheaper price through an estate agent. So I phoned up.
Walking From Rome to Ronda. Can you help out?
Andy, @RondaSpain, is walking from Rome to Ronda to raise money for ill children in Andalucia. His goal is to raise 2 million Euros in the next two years, the walk has an initial goal of 50,000 Euros, and he is currently passing through Valencia. How can you help?
Some Fantastic Offers on Valencia Property At The Moment
I sent this mail about bargain properties for sale in Valencia out to my mailing list earlier in the week, they get first look at things that come up, and now here they are for you too. A couple of visits have been arranged through this mail already so be quick and arranged your visit if any of these properties are the type you are looking for.
Why Do People Get Irate When I Refuse To List Their Property?
Just asking because I was called a lot of things on the phone yesterday by a client after telling them that I didn't wish to list their property because they were asking too high a price for it and it would affect the quality control on the site.
Buy Someone Else's Life in Spain
What if you could buy yourself a life in Spain? I don't just mean a house but also their life and lifestyle. You now have this opportunity. First some background. (Click on the Title to Read on)
My Thoughts On The Spanish Property Roadshow
Spain is trying to ofload the estimated 700,000 empty, completed properties, mostly on the coast, by taking a roadshow around Europe starting this week in the UK. They are trumpeting the price falls which seems a strange way to promote it.
How Does An Estate Agent Sell Osama's Hideout?
The Real Estate Agency Description of Osama's Hideout. If i were trying to sell the house where Osama Bin Laden was hiding here would be my description: Firstly I have to say that the owners are asking a hugely optimistic $1 million dollars for this place. But let's get the positives out of the way. - The previous tenant was highly security conscious as he thought of himself as very important in the grand scheme of things.
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