Tag: Escrow

Escrow agent in Costa Rica - what you need to know

Escrow agent in Costa Rica – what you need to know

Estimated Reading Time: 5 Minutes If you want to purchase property, start looking for an escrow agent. An escrow agent is a neutral third party who holds onto the buyer’s funds related to the real estate transaction until both parties have satisfied their contractual obligations and charges a fee for this service. This fee is…

Continue reading
What do to with the Earnest Money Deposit

Real Estate FAQ #3 | What do to with the Earnest Money Deposit?

Estimated Reading Time: 3 Minutes What you should do with the earnest money deposit is a real estate FAQ or frequently asked question for those buying or selling Costa Rica real estate. This question arises because, in Costa Rica, it’s customary for the buyer to give the earnest money to the seller. Local buyers rarely…

Continue reading

Everything to know about selling a property in Costa Rica without freaking out

Estimated Reading Time: 7 Minutes You are selling a property in Costa Rica, your counteroffer was accepted, and now what? In Costa Rica real estate it is common to have sellers from different nationalities. They all have sold houses in their home country. And now they think they have experience in selling a property in…

Continue reading