Costa Rica FAQ Series – Financing, MLS and Working Remotely

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, Costa Rica Living, EX PATS in Costa Rica, Investing in Costa Rica, Newsletters

Video FAQ Series #1 – Financing, MLS and Working Remotely.

Tank Tops Flip Flops Newsletter no. 225

Welcome to the first installment of our Costa Rica FAQ (Frequently Asked Questions) Series, where we dive into the nitty-gritty of real estate and property investment and as always – life in Costa Rica.

Video 1: Is there Financing in Costa Rica?

A question often asked, yet rarely answered comprehensively.  Yes, there is financing in Costa Rica, but very few foreigners I know have ever gone through the entire process.  First, it is very hard to get financing as a foreigner because they generally want to see income here in Costa Rica.  But many people have a lot of wealth and net worth and will qualify for the financing.  For lack of a better word is there are a lot of fees involved with the financing in Costa Rica.  Upfront fees to set up the mortgage (Points) and fees to release the mortgage later down the line.

BUY OR BUILD in Costa Rica? – Should I Buy an Existing House or Build My Dream Home?

Written by Michael Simons on . Posted in Building in Costa Rica, Buying and Selling Property in Costa Rica, FAQ's, Homes, Land, Lots, Newsletters

BUY OR BUILD in Costa Rica? – Should I Buy an Existing House or Build My Dream Home?

Whether you buy an already built home or purchase a lot and build is entirely up to your personal circumstances and desires.  Our goal is to give you all sides of the issue so you can make the best decision for you.

Having said that, the short answer to the age-old question of whether to buy a lot and build or buy an existing home is quite simple – If you can find an existing home that fits your needs and works with your budget than BUY IT!  After all, the reason you are coming down to Costa Rica is to slide into the hassle-free lifestyle and enjoy your time in Pura Vida land.

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