Posts by notInPLnow

notInPLnow

13 Jun 2014

Law / A general legal question about inheritance in Poland - debts [31]

Thanks all for responding. I'm certain that my in laws haven't signed any paperwork. The loan was taken out by my father's in law nephew. But the fact that my in laws are co-owners or "wspolwlasciciel" worries me greatly.

notInPLnow

12 Jun 2014

Law / A general legal question about inheritance in Poland - debts [31]

Merged: Debt inheritance - how does it exactly work?

I have a question regarding debt inheritance. How does it exactly work? Actually here's our situation. My in laws own a house and they are "wspolwlasciciel" with another family on the same property. The problem is that the other owner has taken on some debt, which is still getting paid for, but we know he has financial problems. So in case of a default would my in laws be responsible for the loan/debt and pay it off? My in laws are already an older couple, if they were to pass away would my wife inherit this debt? Does anyone know the details how this law works in Poland?

notInPLnow

30 Apr 2010

Real Estate / Buying/Building a house in Poland/Wroclaw metro area [12]

Is home inspection negotiated through the seller/town/or something else? Are they independent workers in Poland? In the US they are typically independent and home inspection takes about a day if they are good and look for things. How much does it cost to do an inspection of the building?

notInPLnow

29 Apr 2010

Real Estate / Buying/Building a house in Poland/Wroclaw metro area [12]

Thanks for the replies and tips. What are the costs for doing general renovation on a house that's about 80 years old. I came across this large house outside of Wroclaw that requires a lot of attention. Assuming that it needs paint (interior/exterior), windows, roofing, electrical and plumbing, what are we talking about in terms of price range? Is it 100,000 PLN or even more? I can put 100K into it, but don't want to spend equivalent of a purchase price on renovation. Are these houses somehow governed by the city and puts them under "historic building" code?

BTW, I don't have to rent in PL. My in laws have a house so we could move in there for a while, although I'd prefer that time period to be as short as possible. :) For obvious reasons...

Edit: We're looking for a house (wolno stojacy and not blizniak or two-flat).

notInPLnow

29 Apr 2010

Real Estate / Buying/Building a house in Poland/Wroclaw metro area [12]

Hi

I'm Polish but have lived outside of PL for the past 20 years. My wife recently started talking about moving back to Poland (Wroclaw is where we used to live). I know absolutely nothing about purchasing or building a property in Poland. I was only 14 when I left the country. Can somebody suggest how to look for property (besides Domy on Wyborcza and Onet). How can I research neighborhoods in terms of schools, transportation, etc?

We were thinking of getting something in Wroclaw or not too far from the city. Small place of about 130 sq. meters. What's the price range we should be looking at. We do have a budget in mind, but obviously the better deal we get the better it would be for us. Also when it comes to loans is it possible to obtain a mortgage with a fixed rate like it is in the United States? Has anyone taken a loan from US bank with fixed APR financing for a property in Poland or anywhere else in Europe? Is it even possible?

Thank for your help.