how do i

How do I pay my bills in Costa Rica?

Paying electric and water bills There is 1 electric company in Costa Rica called ICE. When you purchase your property, your real estate agent and/or your attorney should give you a NISE number. This is a 7 digit number that identifies your properties account number with ICE. You have a few options to pay your bill with your NISE number; You can bring colones (local Costa Rican currency) and go to...

For Sale by Owner versus hiring a professional

For Sale by Owner versus hiring a professional

Option 1: You would like to do this yourself In order for you to get your home ready to sell, make sure it is "show-ready" and have all your relevant paperwork ready to send to the buyer's agent for due diligence. 🤔Keep in mind that you will have very limited exposure unless someone drives past your property to take down your phone number. 🤔You will have no way to pre-qualify your potential...

Top 8 questions to ask when you are interviewing a real estate agent

Top 8 questions to ask when you are interviewing a real estate agent

How long have you been selling real estate, and what is your success rate? What is your area of expertise? (If they tell you that they sell the entire country or province, I would be concerned!)! No way they can be an expert in that large of an area. What kind of marketing materials can they provide? What is their marketing plan? Ask questions to find out how connected they are in your area of...

Top 9 things you should look for on a listing agreement (seller)

Top 9 things you should look for on a listing agreement (seller)

1. Make sure the Listing Agreement has the correct FINCA number (also referred to as Matricula or Folio Real). This number should consist of 4 parts: A property number consists of three or four parts: * The number of the province (Costa Rica has 7 provinces). * The property number (matricula or número de Finca). * In case the property is in a condominium, the number is followed by an...

Seller, these are the things your agent will need from you to sell your property

Seller, these are the things your agent will need from you to sell your property

In order to prepare a closing statement (financial tracking sheet for all the funds exchanging), your agent will need to prorate all the utility bills,... so they will need Last 3 months of your electric bills (typically from ICE - national electric company), account number (NISE number), payment due date and cycle date. Last 3 months of your water bills (example from AYA - water company), account...

What should I do BEFORE a showing of my property?

What should I do BEFORE a showing of my property?

So you just got the call!! Your agent is scheduling a showing for your property with a potential buyer. Time to get busy... Buyers are curious creatures and will look everywhere (yes, even in your medicine cabinet and sock drawer) Outside Roll up your garden hose Clean up kids toys Organize your garage/storage areas Sweep your patios If you have a pool, make sure it is clean and...

What should I do DURING a showing

What should I do DURING a showing?

Your Agent and potential Buyer are 1 hour from arriving to your property..now what? As much as your agent is trying to stick to a "schedule" for their showings, keep in mind that a previous showing can take longer than expected or can be over much faster if the potential Buyer is not interested so...your agent may be a little early (or a little late) for your scheduled appointment. (a good agent will...

What can I expect AFTER the showing

What can I expect AFTER the showing?

The agent and potential buyers have left; now what? After the agent finishes up with the potential buyer, he/she should provide you with feedback from the buyer. What they liked, what they did not like What is the likelihood that they would make an offer Are they planning a second showing? Any feedback that can assist with the next showing (for this buyer or others in...

Important facts about property ownership in Costa Rica

Important facts about property ownership in Costa Rica

Here are some important facts about property ownership in Costa Rica: ​ A foreigner has the same ownership rights as a Costa Rican (with one exception,, which is concession property ownership, which we will explain later) ​ You do not have to have residency to own a property in Costa Rica. ​ You can open up a bank account in your name or your Costa Rican corporation Yes,...

Interviewing potential Real Estate Agents to represent me as a Buyer.

Interviewing potential Real Estate Agents to represent me as a Buyer.

Buying a property in a foreign country can be scary and exciting at the same time. Take your time to interview a Real Estate Agent and make sure you trust him/her to have your best interest at heart. There are some important questions you can ask potential agents; How long have they been working in Real Estate? Do they do this as a full-time job? What is their area of expertise? (if they...

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