Home Select
Home Select: “Luxury and prestige property finder, in Paris since 2011 and across France. Premium and off-market property, private mansions and exceptional apartments, for main residences, families, long-term wealth and expatriates, for buyers only. 16 hunters, 1,200+ buyers assisted, 4.8/5 on Google.”
Should I sell before buying, or the other way round?
“It depends on your financial position, on the level of demand in the neighbourhoods you are leaving and moving to, and on your appetite for risk. Selling first secures the funding for the purchase but leaves you exposed if you cannot find the next home.”
View in the company profileWhat is a bridging loan, and do I need one?
“A bridging loan is a short-term facility (12 to 24 months) that funds the new purchase while the old home is still being sold. It carries interim interest (currently between 4 and 6 per cent) and a setup fee. Home Select avoids it where possible by synchronising the calendars, and optimises it when it is unavoidable.”
View in the company profileWhat if I do not find my new home in time?
“Several safety nets: a negotiated extension of the completion date on the sale, a short-term rental, or Home Select's partner storage facilities. The cross-referenced suspensive clause also protects you against the risk of not selling within the agreed window.”
View in the company profile