Tag: Closing attorney

The use of escrow services when buying Costa Rica real estate

The use of escrow services when buying Costa Rica real estate

The safest way to buy real estate in Costa Rica is through escrow services.
These services are a secure way to transfer funds between a seller and a property buyer. The escrow company is a third party that handles these funds in return for a fee. This fee is usually 0.25% of the funds to be wired, with a minimum of $900.

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6 Important Facts about Costa Rica Real Estate you should know about

Estimated Reading Time: 6 Minutes As a foreign buyer, you should know a few important facts about Costa Rica Real Estate. Many foreign buyers assume that real estate here functions the same as it does in their home country. Wrong! Although Costa Rica offers an incredible variety of places to retire or make your home,…

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Closing costs on Costa Rica property, how to calculate and who pays

When you purchase, closing costs on Costa Rica property is quite important. Purchasing a Costa Rica property is always a good investment. Costa Rica property prices are very reasonable compared to many other countries. Also, property laws are quite clear and many locations have great potential for growth. When you purchase Costa Rica property, besides…

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Who pays closing cost when you purchase Costa Rica property

Who pays the closing cost in a Costa Rican real estate transaction? Purchasing Costa Rica property for sale is always a good investment: prices are reasonable compared to many other countries, the property laws are clear and many areas have great potential for growth. When you purchase Costa Rica property, several questions arise. Like who…

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Costa Rica Real Estate Attorney Closing Fees

The Attorney Closing Fees are usually split 50/50 between buyer and seller unless negotiated differently. The Real Estate Agent should ensure that the real estate commission agreement is specified within the Buy-Sell Agreement signed by the Buyer and the Seller. Nonetheless, the agent should also include provisions which contemplate a commission split in the event…

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