There is a wild misunderstanding in Costa Rica about dying without a will. Most people believe if they do not have one, the government will take everything. This is not true. Here is a closer look. What does happen is crooks steal the real property … [Continue reading]
Option to make a sale is an owner-carry mortgage
In a market where buyers are scarce, sellers need to look at all the options to snag a sale. Owner financing is one option available to sellers, but many expats are scared to death of the courts and shy away from carrying a mortgage. … [Continue reading]
Two groups try to professionalize real estate agents
In a country where real estate or attorney used in the same sentence as ethics is an oxymoron, two organizations are trying very hard to bring some sanity to the real estate profession. There are two real estate associations here: CGGAR, the Costa … [Continue reading]
Real estate market shows signs of improvement
Up and down the coast of Guanacaste, real estate circles are buzzing with talk that properties are selling again and that there are buyers in the market. Linda Gray, vice president of Coldwell Banker Costa Rica, which includes 10 franchises said, … [Continue reading]
Hiring uncovered workers is asking for a nightmare
There is a popular adage in Costa Rica, Pide perdón, no permiso. Doing this can get an expat snagged into a big, expensive problem. The saying means "ask forgiveness, not permission." It is a strategy used by Ticos and expats alike to get things … [Continue reading]
Some expats find that mortgages can boost income
Some expat retirees in Costa Rica are giving mortgages to others in order to supplement their retirement incomes. Generating a nice extra sum is possible if ones finds the right debtor because interest rates are high in Costa Rica. Finding the … [Continue reading]
How to get access to U.S. movies on TV the easy way
Expats living in Costa Rica would love to watch U.S. movies, shows, and sports on their home televisions. Hotels and bed & breakfast owners would like to offer the same to their guests. Travelers would like to access their favorites from home … [Continue reading]
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