Thousands of buyers still risk their money by purchasing property abroad without taking on specialist legal advice. Without knowledge of local laws, procedures and processes, this is one of the strangest and riskiest phenomena in the world of overseas property….
The overseas property market remains a hugely popular asset class for investors and end users alike and a key consideration when investing in property abroad is seeking the proper legal advice before purchase. But also, if the unthinkable should happen, being able to recover any funds potentially placed at risk in a problematic real estate investment.
That’s why international law firm Judicare, who specialise in such cases, will now be promoting both these services through some of the overseas property industry’s key portals.
Judicare’s CEO Neil Heaney said the firm’s presence on popular property websites TheMoveChannel.com, A Place In The Sun.com, HomesGoFast.com and Eurobrix.com would “help to educate investors at the point of sale, that utilising independent legal advice is a foremost consideration when looking to acquire an overseas property.”
“We are all keen to ensure that investors seeking to acquire international property aren’t discouraged from well-researched and solid opportunities, but that those investors seek the right advice at the right time”, said Heaney.
“Judicare can offer our clients a complete conveyancing service worldwide”, said Commercial Director Robin Brayne of TheMoveChannel.com. “This is an extremely important principle in our company’s ethos and one which we are thrilled to be associated with. In addition Judicare can also offer to any of our existing clients or visitors to the site who may have encountered problems with a previous purchase overseas access to their investment recovery services.”
CEO of HomesGoFast, Nick Marr, says Judicare’s services will help to calm nervous investors in a post-GFC market. “The overseas property industry has taken a hard knock from the global financial crisis, and as a result there is lower investor confidence”, says Marr. “We are now working with legal experts Judicare to help provide the very best advice for those buying a property overseas. I believe this will help buyers feel more confident and will serve to protect those buying a property abroad.”
For Judicare it is all part of an on-going education programme, Heaney says. “We are confident that we can provide a safer buying environment where investors can take advantage of the fantastic array of opportunity international property has and continues to afford, and being able to offer advice to clients of TheMoveChannel, A Place In The Sun, Eurobrix and HomesGoFast is a really positive step in the right direction”.
For more information about the available services, please visit http://legal.themovechannel.com
