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ABC wants to advise you in order to
clearly formulating your own wishes and narrowing
down your search for property, inform you in detail
about legal issues, validation requirements, permits,
etc. A real estate
transaction often involves more than transferring
property to another name or corporation. For example
you might want to include guarantees for water and
electricity. Or
could be necessary to form a financing or re-surveying
a property can be necessary for exicute a real estate
contract.
When you are ready to buy, ABC will recommend you
a good realtor, and you can be sure to establish a
complete safe deal including all matters of your interest.
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Searching Step by step
ABC has compiled a list of local, reliable "realtors"
who are familiar with the area and the many and varied
properties for sale. Once you have determined the
general area where you would like to buy; and once
you have decided on what you would like to buy (land,
lot or house) Ocean views? mauntain views? or a small
house in town?. It's time to see what the various
realtors have to offer in your price range.
Match your demands with available properties
Secondly, when you are clarity on which property
to look for, we look for the perfect match, the realtor
has to bring you a ¨Multiple Listing Service¨,
directly with property owners from the area, providing
a large array of safe properties to choose.
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The non obvious issues
Can the owner legally sell the property?
Is the indicated property size, really the actual size
of the property to be sold? Can I cut those trees to
open up the ocean views?The property is steep, can I
build without risks? There seems to be water on the
lot, but is it still available in the dry season? Where
can I shape an extra building pad? Do I need a permit
for that? Can I subdivide the property and what would
be involved? What does it cost to improve the road to
this property? Etc, etc
Negotiating the Property Purchase
Negotiating property purchases in Costa
Rica is much like anywhere else. An offer (with or without
contengencies) is made end is either accepted or re-negotiated.
Once price and general terms are acceptable to both
seller and buyer it is time to involve your attorney
in constracting an option contract.
Closing the deal
In between the signing of a Buy/Sell
and/or option contract and the active closing, a number
of issues must be addressed. Such as seller obligations:
providing electricity, water, right of way, past due,
property taxes, etc. Frequently part of the selling
price will be placed in escrow until such obligations
have been fulfilled.
After signing the deed, you can always consult ABC in
matters of building, developing, reforestation, etc.
ABC CONSULTORS
wants to invite you to check the Real State listing
offer by our local South Pacific realtors of Costa Rica.
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