Expat Real Estate Guy

Ok, so what’s a guy to do when he encounters one of life’s dramatic curves and finds himself living back in the U. S. of A. All very unexpectedly and certainly, unplanned. Hmmm… Well, there is much history of learning Costa Rica and the real estate therein. Phone calls and emails indicate that there is … Read more

Moving On

The below article was written on March 7, 2019 and not posted until November 30, 2019 I hear from people who tell me that they have read my entire blog. I find this difficult to believe. When I started blogging (I think this was around 2003), it was recommended that blog articles be around 1,000 … Read more

Sales Process Overview: Part 4

Part 4 of the article series explaining the sales process for real estate in Costa Rica.

This is part 4 of a 4 part series. Click for: Part 1 || Part 2 || Part 3

Due Diligence

The term for due diligence is normally 3 weeks, and closing is usually in 4. Due diligence starts when the deposit is made, which follows the the written Offer to Purchase having been signed by buyer and seller. This document will have the contingency points detailed out. Some properties have no contingency points, some have several, it depends on the property. This is one of the more important areas where you, the buyer, have to rely on the expertise of your broker.

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Interested in Costa Rica real estate as an investment. They primarily live somewhere else, but they own property in Costa Rica for the asset appreciation potential as well as possible rental income. Some just buy and hold (land-bank). For developed properties, the investor has a vacation home to visit as desired.

Migrators spend a regular amount of time in Costa Rica during each year.

Re-locators are those that are looking to move to Costa Rica from wherever they are. They will live full-time in Costa Rica.