Estimated Reading Time: 6 Minutes Many real estate deals go sour because buyers do not know how to make an offer on a property. Often, that happens because the buyer hired an incompetent real estate agent or because the buyer goes FSBO. Often buyers don’t realize that they are in another country with different rules,…
We receive a verbal offer in Costa Rica real estate quite often. Is a verbal offer acceptable and legal or not? An offer is not binding in Costa Rica unless it’s a written purchase – sale agreement, signed by both buyer and seller and accompanied with an earnest money deposit. A verbal offer is normally…
The first offer syndrome can create huge havoc during the buy-sell process. Again and again, our Costa Rica real estate agents see sellers reject the first offer they receive. Years later, they sell their house years later for a much lower price. The first offer syndrome makes the seller tired, cranky, at odds with the…
