Investors spend a lot of time searching out just the right options and the real estate sector in Costa Rica, may perhaps, be one of the safest places to invest. Despite the “doom and gloom” reports regarding real estate, those purchasing real estate for strict investment purchases know that the current situation is a rare opportunity.
If you are a first-time homebuyer, don’t make the mistake of buying the first house that you like. You need to view at least three other houses that are comparable in value, before making a decision. Too often, people get caught up in the mere idea of buying a house, not realizing that there may be something better out there. Location is key in San Jose the best areas: Escazu, Santa Ana, and Rohrmoser.
When you are a buyer for a new home and in a bidding war with other people that want the same home remember that you may not have the time to really look the house over and get a good inspection on it. You must be prepared that if you get the home some things might have been looked over such as repairs that need to be made.
One of the most popular projects is the project called Rivergrand which has many subdivisions and developments within the project. This project is located in Escazu.
When looking at whether you are ready to buy a home, keep the hidden costs in mind. While you may be able to afford a mortgage, as a homeowner you will have additional costs. You will be your own landlord so the responsibility for repairs in the home will fall to you. Make sure that your budget can cover repairs because they will come up.
When purchasing a home, respect the seller’s priorities. Doing so can help you to negotiate a deal that works for everyone. A seller may not be willing to budge on price, but might help with closing costs or …