Tag: Existing mortgage

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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