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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Understanding Real Estate in Costa Rica’s Southern Pacific Zone Part 2

In Part 1 we considered the early foreign investors in real estate here in Costa Rica’s southern Pacific zone.  The idea being that in so doing, we’ll have have a better understanding of the real estate market here. We continue now with Bob (early visionary investor) as he proceeds to segregate and sell his large … Read more

Understanding Real Estate in Costa Rica’s Southern Pacific Zone Part 1

Costa Rica History in knife metaphor

I’d say that about 1/10th of my time spent with people looking to buy property in Costa Rica’s Southern Pacific zone is spent in the actual buying/selling of property. The other 9/10ths is a mix of conversations regarding what’s involved with living here, as well as discussing the business of real estate in Costa Rica. … Read more

Uvita Costa Rica is Growing

We are in high season here in the southern pacific zone. The months of November through April are typically when there are more tourists here than during the rainy months. There is another type of “high season” happening right now as well. This has more to do with world conditions. I know, those from the … Read more