Overseas Property Investors are Better Protected as Homesgofast.com Introduces International Developer Information Packs

May 30, 2007, Press Dispensary. With the delay of Home Information Packs in the UK until August 07, overseas property company, Homesgofast.com (www.homesgofast.com), is introducing the benefits to homebuyers who are purchasing abroad immediately with the launch of 'International Developer Information Packs' (IDIPs).

Similar to the UK packs, the IDIPs will give the buyer access to financial reports, legal documentation and ownership details relating to an overseas developer and development - before he or she decides to invest in an off-plan property. This protects the buyer against false information being provided by the developer and can help avoid some of the worst rip-offs and pitfalls.

An IDIP includes a full independent report carried out by a top law firm that checks the developers credentials and references. The law firms involved in the scheme are all local and independent: this is important in overseas property buying, where the culture, language and legal processes can become barriers to making a safe purchase.

Nicholas Marr, chief executive of Homesgofast.com, says: “Buying abroad can often be a leap in the dark for property investors. International Developer Information Packs act as a safeguard for buyers and can help avoid any nasty surprises about the developer or development and subsequent heartache and costs.”

The scheme is available for properties globally, with a worldwide network of lawyers in place. All law firms are vetted to ensure they have knowledge of the local market, extensive conveyancing experience, excellent client references and a UK presence.

Nicolas Marr continues: “Investors are often put off buying abroad as they can’t be confident of the truth behind a developers claims. International Developer Information Packs change everything and give a buyer confidence in their investment.”

International Developer Information Packs start from £600 for a “Bronze Report” (excluding VAT and disbursements), including a basic company report via a company search.

For further information, visit www.homesgofast.com or call 0800 043 0096.

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Notes for editors
Homesgofast.com is operated by Marr International, an overseas property marketing company which promotes property on the internet for private sellers, agents, and developers all over the world. Based in London, the company was founded by Nicholas Marr in 2003, and employs seven people. It operates via a network of websites and partnerships with other portals. The flagship Homesgofast.com website now features more than 47,000 properties in more than 50 countries.

IDIP Live Organisation, which is part of the First Title Group, a wholly owned subsidiary of the First American Corporation, has developed International Developer Information Packs using First Title’s network of international law firms. First Title Insurance PLC is authorised and regulated by the Financial Services Authority.

FOR FURTHER INFORMATION PLEASE CONTACT
Nicholas Marr, Company Director
HomesGoFast.com
Tel: +44 (0) 207 099 3392 / 07801 490323
Email:
Site: www.homesgofast.com