Escrow Escrow is an arrangement where an independent trusted third-party receives and disburses money and/or documents for two or more transacting parties, with the timing of such disbursement by the third-party dependent on the performance by the parties of agreed-upon contractual provisions. It is recommended that retirees and other foreigners set up an escrow account

Sales agreement or purchase option for retirees Once the seller and the buyer have agreed on a price, the buyer can do one of two things to bring to deal closer to the final handshake. One, the buyer can sign a purchase option and put down a non-refundable fee, usually a percentage of the value

As far as the human side of the negotiations, negotiating with a Tico land owner versus negotiating with a professional developer are two distinctly different experiences. Business negotiations in Costa Rica are quite circuitous, and if you decide to take part, you will be expected to drink a lot of coffee and begin meetings with

Here are a few important features of the property to keep in mind when negotiating real estate deals for retirees or anyone else: Grade: How steep is the property? Will it be hard to build on it? Bodies of water: While a river running through a property is a nice feature, bodies of water can

Pricing is a tricky thing in Costa Rica. Gone are the days when retirees and investors from abroad could snap up beachfront (or even ocean view) property from a cattle rancher for $30,000. More likely today, that cattle rancher will look you up and down and ask for $2 million. He figures it’s worth a