CAN a FOREIGNER get a MORTGAGE in FRANCE? Paris Real Estate

CAN a FOREIGNER get a MORTGAGE in FRANCE? Paris Real Estate

For more detailed infos about French mortgages:

DISCOVER ALL OUR LISTINGS FOR SALE
------------

FOLLOW OUR OTHER CHANNEL
------------

CONTACT ME AT:
-------------

ABOUT ME:
-------------
Alexander Martin is a Parisian Real Estate Agent. As a native English speaker and completely fluent in French, he generated more than 10,000,000€ in sales in 2019. In 2008, after he graduated from the University of Manchester, he moves to Paris to work in Finance. After several successful personal real estate projects, he now dedicates his time to find and sell the best properties at the best price for his clients.

CHAPTERS:
--------------
0:49 Can a foreigner get a mortgage?
2:07 Should you even get a mortgage?
4:14 Get a pre-approval letter
5:13 Should I finance in France or in my country?
6:34 How much can you borrow?
8:51 The mortgage fees in France
11:13 The next steps
11:54 The documents you need

[LorenaG.Cresswell]

Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.

[richardyance]

can you help me to open bank account in Paris im from new jersey

[anantshrivastava]

Hello Alex, thanks for the video. I live in pairs, I am a real estate agent who finds a property with a lot of renovation projects and gets the renovation done for my client. I usually send them videos about how they can take the loan. it's beneficial. good work.

[judysamaniego]

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

[hongphan]

Hi Alexander, I have enjoyed watching and learning from all your videos. I had initially looked to purchase an apartment in Paris but my love for the Mediterranean sea called me to Villefranche sur mer. I found a wonderful place right in the harbour of Villefranche. We signed a promise to purchase today. I am hope to finance about 39 % of the value of the property.

[wavyavy]

Does this apply to other departments like Haute-Garrone? I’m looking to buy an apartment and I’m trying to do this on a BTL as I’ve seen great demand for this location for serviced accommodation.

Price is €450, 000 and I’m willing to put 30% down - I’m not a resident, however I have seen that you can get residency if setting up a company and then perhaps a commercial BTL could be better…?

Do you know if commercial BTL mortgages are a thing in France? And do they let you refinance after 3 months or so?

Really useful video - just subscribed.

[kyleroland]

Hi Alex, my partner (French) and I (American) are looking for a home in France (Southwest) in the next 18 months. We were told that we must be a fiscal resident to get a mortgage. We both work in NYC. Was this guidance inaccurate? I looked for how to DM you but couldn't find it.

[Liberty]

Do you have an equivalent of SELLER FINANCING in USA where the seller takes a down payment (EG 25%), and then you make payments to the seller for a few years before refinancing it is very common in America and is called seller financing were the buyer gets the deed to the property, but it is subject to repayment of the mortgage to Seller. Do you have anything like that in France?

[miguelangelrodriguez]

Hello Alexander - very informative video. Will you please put a word out when the mortgage climate for foreigners improve?

[UnitedPebbles]

Hello friendly Alex. I am curious about real estate market in Paris. I heard a lot of Cochin dancers in PbN companies invest in apartment there. Not sure what prefecture or arrondissement.
Maybe I should save more US dollars and give to my friends in France first? Like Nancy for instance?

[patricknovoa]

Great video. Can you recommend a good mortgage broker in France? Thanks!

[francois]

Excellent presentation. Very informative.

[Starring_LaThomas]

So, if I need quotes from contractors ahead of time in order to get preapproved, that means that I need to go find a place with a real estate agent first? I’m confused on the order. I’m VERY interested in purchasing something, as a foreigner, but I am particularly interested in something that I can renovate. I don’t know any contractors there

[garedmorort]

If you’re pacsed/married with a French or EU citizen is waaay easier, specially if they already own an apartment

[petervan]

what's the mortgage situation now?