MDG Consultants-Paris

"Relocating? Buying? Selling? Renting in Paris?…need Representation?"

Property Consultation and Search Services

Many people don't have the time nor the resources to look for their own little piece of France, especially if they're located in the States or other foreign country. Our office offers a consultation and property search service that will help you find the perfect property and save you valuable time, as well as provide very important guidance to insure you make the right purchase.

We're equipped to assist you with every aspect of purchasing...from locating the property, to setting up your contract-signing, getting a mortgage, helping you set-up utilities, or, do a renovation and then rent the property on a short or long-term basis.

SOLUTION #1:

MDG Consultants-Paris PROPERTY CONSULTATION SERVICES

Our comprehensive search service saves you time, effort and money. With nearly 4,000 rental agencies in Paris alone, finding a property can be a difficult task without a Multiple Listing Service (MLS), which doesn’t exist in France. To find a property on your own would require visits to dozens of agencies and mining through hundreds of listings in oneneighborhood alone. We do all this for you and call upon the valuable relationships we’ve built over the years to ferret out the finest properties.

Initial Consultation: We’re your resource in France to help you find the property that meets your needs and desires. It all begins with a one-on-one consultation, by phone or in person, in which we work with you to determine your objectives and parameters for a purchase in France.

Property Search: After the initial consultation, we search, source and screen the properties based on the parameters we’ve defined together. In Paris, we schedule and accompany you on site visits. Clients seeking properties outside Paris can request that we accompany them at the expense of the client for accommodations, travel and meals. As part of our service, we provide a detailed analysis of the properties, including price, price relative to market valuations, real estate and property taxes, monthly charges, property descriptions and photos. We can also arrange meetings with professionals who may be called in to assist in the purchase decision. Property Purchase: It doesn’t end here...once we’ve found the property of your dreams, we manage the entire process through to closing. We schedule and attend meetings with the Notaire, who prepares and ensures the validity of all documents. We schedule the signing of the preliminary purchase agreement (Compromis de Vente or Promesse de Vente). Note that at this time you must provide a deposit of 10% held in escrow by the Notaire. French law gives you a period of seven days to reconsider your decision. Should you decide to withdraw from the purchase, your deposit is refunded.) There is a two-to-three month period till closing. On the day of closing, the Notaire will retain the deed of sale on the property and then it is registered with the Bureau des Hypothèques. At this time, no other person has any rights to this property. Notaire fees of approximately 7% are paid at this time.

SOLUTION #2: OBTAINING A MORTGAGE

MDG Consultants-Paris Search Clients: If you have obtained your property through our property consultation search services, we provide this service at no cost to you. We will connect you with the lenders specifically adept at transacting business with non French residents. We will walk you through the pre-qualification process, schedule meetings with potential lenders and facilitate the provision of the loan applications. We can assist you in getting the best rate and financing package that meets your needs, and coordinate the provision of documents necessary to meet the deadlines of the contingency clauses.

SOLUTION #3: PURCHASE ASSISTANCE (NON-SEARCH CLIENTS)

If you've found a property on your own or through another source, we can also assist you in the purchase process. Our Purchase Assistance Package, includes representation at meetings with the Notaire in signing the Promesse or Compromis de Vente, confirmation that all the necessary diagnostics have been performed on the property, confirmation that the surface (in square meters) has been certified by a third party and
provision of contacts regarding placement of property insurance necessary for the final signature. We can also assist in providing a Nnotaire to administer the transaction on your behalf. The Purchase Assistance Package includes 10 hours of work performed, which represents a savings of 20% off our hourly rate. Any work performed in excess of the 10 hours will be billed at the per hour rate.

SOLUTION #4: PROPERTY APPRAISAL SERVICE

If you think you've find the right property, but are not sure if your getting the most value for your money, we provide a service that will assist you in making an informed decision regarding your purchase before you make an offer. We can perform an appraisal of the property and provide you with a proper valuation, including recent comparables of similar apartments, based upon size, location and amenities.

SOLUTION #5: THE "APRÈS VENTE"

After the sale, we can continue to help you settle into your new home. Welcome Package: We can assist you in opening a French bank account and coordinate the activation of the utilities in your home or apartment, including cable TV, Internet, telephone, gas and electricity. We can provide you with a list of qualified moving and shipping providers, insurance companies and assist you in coordinating your move and placement of your homeowner’s insurance.

Additional Services: We also provide other services such as replacement of locks and keys, coordination of rental property management providers, attend homeowner’s association meetings on your behalf and employ housekeeping services.

SOLUTION #6: RENOVATION AND INTERIORS

Whether there are minor repairs or major renovations to be performed, we are
your partner on the ground in France. Renovations – Phase I: We can assist you in obtaining a minimum of two bids from qualified professionals based upon defining the specifications with you. We will advise you on which modifications, such as kitchen or bath renovations, will provide you with the best return on your investment. Renovations – Phase II: Once you have selected a plan for renovation, we
can oversee every aspect of the project management. We will provide you with weekly updates, including status reports and photos. We can also coordinate payments if you have financed the renovation project through a lender.

Interiors and Decoration: We can assist you in finding a qualified interior decorator based upon your parameters, or, you can contract directly with one of MDG Consultants-Paris Designers. (your choice) We can also provide project management services and weekly updates on the status of the project.

FEES AND COMMISSIONS

Property Search Consultation:
Initial Consultation: $250 Paid in Advance
Property Search: $1,000 Less Consultation Fee
Property Purchase: 2% Commission of Total Purchase Price of Property Less
Consultation and Search Fees*
* Minimum 4000 Euros, Maximum 20,000 Euros
Obtaining a Mortgage:
Property Search Clients: No Charge
Non-Search Clients: $500 Paid in Advance Applied Toward 1% Commission of
Mortgage Amount
Purchase Assistance:
$1,000 Paid in Advance, includes 10 hours, thereafter billed at hourly rate.Property Appraisal: $250 Paid in Advance, applied toward other services should you choose to
engage us further.
Après Vente: (After the Sale)
Welcome Package: $750 Paid in Advance
Renovations and Interiors:
Renovation – Phase I: $1,000 Paid in Advance
Renovation – Phase II: 10% of Project Costs Less Phase I
Interiors: $1,000 Paid in Advance Applied Toward 10% of Project Costs
Additional Services: $125 per Hour


___________________________________________________________
M D G - P A R I S
MDG-Consultants-Paris
www.mdg-consultants.com
mdgparis@aol.com

001 33 (0)6 21 21 13 55

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