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By Nicholas Marr
Human element not considered in the plan to
buy abroad.
It seems that overseas property buyer’s often research
locations, examine property investment potential and learn about the
practicalities of buying a home abroad. However one element that seems
to be ignored is human relationships. Its easy to find overseas property
magazines, books and websites to help with the practicalities of buying
a home abroad but you seldom see advice maintaining a good relationship
when buying a home abroad.
Prevention is better than cure.
We all know that pulling in the same direction in any
sort of relationship can make life a whole lot easier. Reaching a
compromise is better than having one party in the relationship unhappy
while the other is all smiles. So why do we ignore relationship factors
in the decision process when buying a property abroad. This could be
because you may have both agreed it would be a dream come true to own a
home abroad, however everyone’s dreams are different and right from the
out set each partner may be walking down a different path.
Start asking your self some honest questions.
Is your partner in love with living abroad as much as
you are simply ignoring these differences can mean you are set disaster.
Do you love the sun whilst your partner burns just thinking about a hot
day. Can you speak the language whilst they cannot speak a word? These
all sound very obvious but your partner’s enjoyment may not be as much
as yours when owing a home abroad becomes a reality.
It’s time to start asking some serious questions and
compare them with your partners.
What is your main reason for buying a property
overseas?
What would your dream home abroad look like?
How much would you spend?
How much would you be prepared to dedicate on monthly expenditure?
What would be your ideal location?
Would you like to live abroad?
Would you like to retire abroad?
How often would you want to come home?
Making assumptions will store trouble for the
future.
The list of questions could go on and on but making
assumptions about how your partners view their ideal home abroad may
result in a serious situation later. It’s time to compromise at the
planning stage so sit down and get to a joint view of your home abroad.
Relationships under pressure
Buying any sort of property can be a stressful
business resulting in disagreements and a desire to throw the whole
project in the bin. Moving abroad and living away from home has it’s own
unique pressures so it’s essential that all agree to the game plan. When
one partner has sacrificed more than the other this could stay in the
background until rows or disagreements ensue. Living overseas may mean
more time being spent with your partner this in it’s self could be a
form of pressure.
We all need to compromise a little.
Imagine one partner looking for a home abroad situated
by a golf course whilst the other hates golf . The partner may be happy
to go along with this as they are swept away with the thought of owning
a property overseas. But with time and pressures associated with living
away from home this euphoria is set to be a temporary situation. So work
on compromise with the location of your property overseas. There are so
many overseas locations that could cater for both parties. This
compromise will ensure your relationship does not suffer when owing a
home overseas
Friends and family
So you intend on living in your dream home abroad for
the best part of the year. You have got the ideal location for a holiday
home the property is everything you wished for. You are quite happy to
see friends and family very infrequently. However what does your partner
feel about this. It is an important consideration as your dream could
well be tainted by a partner on an emotional roller coaster who misses
friends and family. Discuss with your partner to determine how they will
feel about being away from friends and family. It may be best to plan
for a location that is easily accessible for friends and family.You may
need to buy an overseas property with room for them to stay. What are
the costs to your friends and family to visit? Too high and your likely
not to receive them veryoften so be realistic in your choice of
location.
Selling your overseas property your exit plan
It makes good sense when buying a property abroad to
plan how and when you would eventually sell you’re your overseas
property. Your partner may never want to sell and plans to keep the
property in the family. You may be looking at the overseas property of
your dreams as a pure investment whilst your partner sees it as a home.
Deciding on how and when you intend to sell your property aboard is an
important factor in many cases a property cannot be sold unless both
parties agree.
Buying a home overseas can be a dream come true
however it can be seen that ignoring the human element that many guides
never touch upon could turn your dream into a nightmare.
Nicholas Marr is clearly an observer of life and front
row spectator of the events in the overseas property market.A lifetime
property investor his UK based company Marr International owns
http://www.homesgofast.com one of the fastest growing overseas
property websites in Europe. Article Source:
http://EzineArticles.com/?expert=Nicholas_Marr
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