Estimated Reading Time: 5 Minutes For a smooth closing, the seller should vacate the premises before closing. But is it always possible? Sometimes it’s necessary to negotiate for the seller to stay for a longer period. Are there other solutions? Not long ago, we had buyers who were eager to purchase a house in Atenas…
Estimated Reading Time: 4 Minutes Did you know that Law 8204 can freeze your property sale proceeds if you cannot show the origin of the funds? The sale proceeds are the funds received by a recipient from the sale. You might think, “What do I care where the buyer got the money.” But, unfortunately, you…
Estimated Reading Time: 5 Minutes Wondering how important a clean house on closing day is? Often, everyone involved in a real estate closing overlooks this because everyone is too busy. Many sellers move out on the closing day, so they don’t have to stay in a hotel the night before the closing. So everything…
Estimated Reading Time: 7 Minutes Not very often buyers ask if they lose earnest money in escrow if they will not close on time. Most of the time, they have an agreement to back it up. You don’t want to lose part of your nest egg because you made the wrong decision. It’s horrible to…
Do you know it’s important to do a final walk-through before closing? Today’s the day, you have almost made it! Today is the closing date on this beautiful Costa Rican home you are buying. Now you are only hours away from “home sweet home”. Your home inspector came up with a perfect home inspection report.…
I just went through the nicest Costa Rica real estate closing of my life. Even though it was probably one of the most difficult ones too. I have had some really nice closings, But I’ve also had some real impossible ones. Allow me to explain. Well, during this transaction, we went through practically every obstacle…
I hope you’ve read part 1 of this blog series about the nicest real estate closing of my life. Not every Costa Rica real estate closing is fun. Who had expected that the bank appraiser obliged to seller to get involved in all kinds of extra payments? Especially because in Costa Rica, you buy a…
A Costa Rica real estate closing can be a nerve-racking issue if you don’t know what you are doing. Or worse, if you’re not in the good hands of a knowledgeable realtor. I just went through the nicest real estate closing of my life as described in part I and part II. This was a…