Demand for real estate in Bulgaria is growing, despite the global economic crisis. Along with this increase in the number of unscrupulous realtors, legal persons, public servants who are trying to "make hay" on unsuspecting foreign buyers. How to avoid becoming a victim of fraud and not to lose money and cherished Bulgarian square meters?
First, it is important to understand how the fraudsters operate, so to speak, carefully study their favorite techniques. Secondly, to develop for themselves a tactical methods of resistance.
How do scammers?
The most common problem with dishonest Resellers who just want to usurp the client's money. In most cases, "black" realtors are playing ordinary human greed. The buyer offer a tempting option at a low price, for example, selling a house or apartment owner from Western European countries.
Realtor ready to start the paperwork only when the potential buyer of the advance amount (1000-1500€). In this preliminary agreement is not signed or executed in the wrong way (not indicated the important details of the transaction). Begin "negotiations" with the seller, which are not very smooth. Later conditions change, the price of the apartment increased. As a result the buyer refuses the deal, or buy a flat or house at a disadvantageous price.
Another trick is to transfer money to formalized contract at the notary. This is the most dangerous situation, since the contract is not signed and the money transferred. In this case, to prove the calculation is almost impossible, and such cases are not within the competence of the Bulgarian law enforcement. Buying a new property in Sunny Bulgaria, be especially careful in this regard.
The next tactic of scammers is the use of false documents. Dishonest intermediaries find the Builder or seller and negotiate on its behalf with the buyer. At the final stage of the transaction, when the moment of transfer of money, the intermediary shall forward to the buyer forged documents with your Bank details. In the end, the money is transferred not to the seller or developer, and facilitator. The error is detected only after some time after the crime, which significantly hinders its disclosure.
Also real estate fraud associated with the production of false documents, on the basis of which obtained these documents. These include:
- Fake wills and contracts of donation;
- Signature of mentally incapacitated persons;
- Falsify��iroanya lawsuits, court decisions, etc.
How to protect yourself against fraud: 5 basic rules
- Remember the following saying: "It is too good to be true". Do not trust too tempting suggestions.
- Be careful when signing the preliminary contract. Check the text of the document, ask questions, clarify unclear points.
- Never give money before signing the contract. When providing a down payment be sure to document it.
- Do not spare money for independent (truly independent) lawyer and notary. It is advisable to find such a specialist by yourself.
- Do not trust the words of the mediator about the authenticity of documents on the property. Pay attention to their scrutiny.
The decision of the Bulgarian government, all notaries have access to a single database of real estate to the Bulgarian Fund of identity cards, as well as data about heirs and deceased citizens. On the basis of this information can be verified as to the authenticity of the documents of the holder, and the legal purity of the property.
To aid customers-non-residents the government of Bulgaria has opened a special website www.property-in-bulgaria.bg where you can find all the necessary information about the process of purchasing property in this state.
