Buying property in Hungary

globalcitizenrain :

Hi Guys,
Any recommendations for a good lawyer in Hungary?

https://www.expat.com/en/business/europ … s/lawyers/

If none of those work... then...

https://hu.usembassy.gov/wp-content/upl … t-2019.pdf

Thanks.

One word of advice is to have a clear translation of anything you sign.
Not sure what's up with buying these days but selling is another issue as well.
My HU husband always reads  online about buying and selling in Hungary.
He mentioned the other day that some real estate agents will have a written contract with a seller and write into the contract that they will get their cut no matter if the deal falls through or not.
Say you are selling a property and it isn't moving, the agent may get a friend to make an offer to you. Then the deal falls through and the agent legally can demand their commission, Heard about people having to get a loan to pay off their agent while still sitting on the property with no buyer. It is scary to think your own agent is only after their cut with no regard to your situation.

Marilyn Tassy :

....It is scary to think your own agent is only after their cut with no regard to your situation.

Totally. 

Don't believe anything they say. 

They will lie and tell people anything to get the sale.

We know from experience.

fluffy2560 :
Marilyn Tassy :

....It is scary to think your own agent is only after their cut with no regard to your situation.

Totally. 

Don't believe anything they say. 

.

Lawyers and estate agents - They screw you for cash very much as prostitutes do, but pros stop taking your money when you die.

Fred :
fluffy2560 :
Marilyn Tassy :

....It is scary to think your own agent is only after their cut with no regard to your situation.

Totally. 

Don't believe anything they say. 

.

Lawyers and estate agents - They screw you for cash very much as prostitutes do, but pros stop taking your money when you die.

Now you're pushing the analogy but we can play.   

You might get at least some short satisfaction from the adult entertainment worker.

Lawyers you could come out on top depending on the job in hand but real estate agents will always leave you wondering and perhaps a  slight distaste in your mouth.

fluffy2560 :

but real estate agents will always leave you wondering and perhaps a  slight distaste in your mouth.

Hm.

Harsh.

But a personal story.

My father, seeking to feed his family(i.e .including me) and to get extra income, studied for and passed the real-estate agent test and qualified to become a real-estate agent. It was a lot of work for him. It was not a trivial exercise.

He showed one property, then never did it again.

He never talked about it (his generation did not talk about such things).

So I will never know what happened as he passed away a few years ago.

Kind of sad. On many levels. He could have provided information, but decided to instead remain silent.

klsallee :
fluffy2560 :

but real estate agents will always leave you wondering and perhaps a  slight distaste in your mouth.

Hm.

Harsh.

But a personal story.

My father, seeking to feed his family(i.e .including me) and to get extra income, studied for and passed the real-estate agent test and qualified to become a real-estate agent. It was a lot of work for him. It was not a trivial exercise.

He showed one property, then never did it again.

He never talked about it (his generation did not talk about such things).

So I will never know what happened as he passed away a few years ago.

Kind of sad. On many levels. He could have provided information, but decided to instead remain silent.

I am of course only talking about my direct experience of real estate agents in HU and Austria.  Austria was particularly distasteful.  HU ones lied directly.  Full of sharks and pathetic.

Might surprise you to know that as far as I know (and my information is quite old) that real estate agents in the UK are or were unregulated. I think they've become more professional as they've become chain stores and have corporate standards but as far as I know anyone could set up to do it.  They get regulated on financial parts but actually selling property, I think not.

We sold our Austrian house simply by having a big sign made and sticking it on the fence!  Took 3 years and the place was empty for all that time.

PM'd you Fuffy2560

SimCityAT :

PM'd you Fuffy2560

Yes, replied!!

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