re: tips for buying real estate in Costa Rica

Steve Allan — Fri, 05 Dec 2008 13:13:53 GMT

It's really nice to know about buying real estate in Costa Rica. Yes, it is nice to have a professional real-tor who his honest to his profession, when someone really interested to invest on Costa Rica properties. Buyer must make sure that all the details mentioned by the real estate service providers should satisfy them, then go for investment. The tips mentioned in the post are really good for the buyers.

re: tips for buying real estate in Costa Rica

Gerwin — Fri, 17 Apr 2009 22:49:18 GMT

<a href="http://www.hometownrenter.com" title="Hometown Renter">HometownRenter.com</a> has the questions to ask yourself if it is better to rent or buy in your situation. Do you need the flexibility of renting? or can you afford to stay in your home for at least 5 years or longer?

* Can you afford a 20% down payment?

* Can you afford a monthly payment on a 30-year fixed mortgage?

* ask your CPA ... Does the tax benefit of home ownership offset a potential decline in home value?

* Have you reduced other real estate debt before you add more on this home purchase?

* Does a fixed monthly mortgage payment for the next 15 years outweigh the likely inflation of rents during that same time (called an inflation hedge)

These are broad questions that can have many variations for each individual situation. However, it is a good foundation from which to start your home buying process.

If you are in the market for a rental, visit <a href="http://www.hometownrenter.com" title="Hometown Renter">www.HometownRenter.com</a> to find your next rental home!