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Can I take over an existing mortgage on a Costa Rican property I purchase?

The advertisement on Craigslist carries the title “Take over an existing mortgage on this property, cheap financing”. The first one to answer on the ad is a foreigner, Jim Luckydeal, who plans to move to Costa Rica and has been planning to buy a Costa Rican property for quite a while. The problem has been…

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Winter weather in Costa Rica is hard to beat

Did you know that the winter weather in Costa Rica is extraordinary? Looking for a sun-drenched getaway this winter? With stunning beaches, natural wonders and the best winter weather on the north side of the equator, Costa Rica might just serve as your personal paradise. Wikipedia explains “Because Costa Rica is located between 8 and…

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A Costa Rica real estate misconception: what the heck do realtors do anyway?

Home sellers often have a misconception about what realtors do to earn a real estate commission. Let me clear that misconception up, so sellers understand what they really pay real estate commission for. Last week, The Tico Times published my article titled “8 reasons why your property in Costa Rica has not sold in 7 years”.…

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