Costa Rica banks have always been very conservative when lending money, in fact it’s one of the main reasons why you don’t see the real estate market saturated with foreclosures. Traditionally, if foreigners were able to secure financing with a Costa Rica bank it was often difficult and expensive, and at this time while rates are lower......
One of the first steps in purchasing real estate in Costa Rica is making an offer. In Costa Rica it’s really not all that different than any other place in the world. Each case might vary a bit, but what you can and should expect when you have found the property you want to purchase is having your realtor place a formal written offer which is typically accompanied with some sort of deposit held in escrow........
I think one of the biggest keys to happiness in life is learning how to be grateful and content with what you have and I know that is not always easy. In fact as an American expat living in Costa Rica, I feel many of us sometimes forget just how much fortunate it we really are to live here.........
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