Where are the real deals?
Often clients call to tell me they are coming to Costa Rica with cash and are coming to buy. They make it clear that they have cash and will only entertain deeply discounted opportunities. Further, they plan to arrive in 3 days to 1 week. Think of the logic here. When a real deal that is truly deeply discounted appears, who knows about them first?
The owner’s: Realtor? – Bank? - Attorney?
The Bank, depending how they prioritize it can move it the same day if they want as they have good clients of their own asking them to be on the lookout for deals. If the Bank has money in it, they will prioritize it and give it to their clients seeking this kind of deal, or a good Realtor client of theirs. Seldom do they have to call Realtors. Attorneys are in a similar position. Not only do they have clients seeking deals but often will buy it themselves or with partners. Realtors as well have clients waiting and they also have interest in putting deals together on distressed situations. So unless, I have an inventory of really good deals that I am sitting on (not likely), my new found client is coming all the way here for nothing.
Wielding cash doesn’t get done what one thinks. Often the person has already discounted his property in bad markets and is in a wait and see mode. Therefore the cash guy comes to him with his already discounted property and tries to offer 50 cents on the dollar. Where do you think this negotiation is going? Nowhere. Sooner or later frustration sets in and when he sees something on his own he perceives to be a real deal, it may be something that is fraught with problems. It usually is. You know where this is going.
Well, how do you find the good deals you are always hearing about?
1 You need to advise your representative that you are sincerely interested in deeply discounted properties in Costa Rica.
2 You need to be ready to come to view the Costa Rica Real Estate on very short notice.
3 You need to have the ability to act quickly
This may take 2 to 6 months, but in the end it is the best way to go about it. There are some very good deals that we hear about early as Costa Rica Retirement Vacation Properties covers most of Costa Rica. Costa Rica for the most part is very nicely situated in this down economy believe it or not. Prices have finally adjusted and we are seeing sales again. That tells us what the market pricing really is for the here and now. Deeply discounted properties are not that available today given the above scenario. Also, a property can only be deemed deeply discounted when there is an up market on the horizon so you may take advantage of it and sell. That is the only barometer as far as how discounted anything really is. We don’t see escalating prices in the near to mid term.
Costa Rica Retirement Vacation Properties -
We are a Real Estate Company – listing and marketing properties in all of Costa Rica. We and know the country and Real Estate business very well.
Buying Real Estate is easy simple and safe with our company.

