do I need a solicitor if I find a buyer?
Posted: 01 May 2010 09:42 PM  
Just Landed
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Total Posts:  26
Joined  2010-04-11

Hi,

Is it really necessary to use a solicitor if I find a buyer for my property?  I speak Spanish which is obviously an advantage but am not really sure of the steps after agreeing a price.  I have a few questions if that’s ok….

1) after agreeing a price are the steps… a) ask for a deposit to take it off the market, b) both sign a purchase contract, c) organise a date for completion with the notary?
3) should the deposit be keep in an escrow account? If so, how can this be arranged and via who? Or is it normal for the seller to keep the money in their account?
4) for a property selling for ?214,000, what would be a suitable amount for the deposit?
5) are there standard purchase contract and deposit documents that can be found on the internet that a private seller can use?

Many thanks

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