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Trustworthy Realtor

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Nylado

I'm planning a trip to CR in the spring to search for a long term rental. May be interested in buying a home after a year.  Which realtor do you think is top rated and trustworthy?

gmmcwhirter

Same here. Is anyone willing to share some contacts.

TerrynViv

Realty is not regulated here. There is no such thing as a realtor. We came here ten years ago with the same illusion. There are some people here who could fit your criteria, but not the same as in Canada or the US

Nylado

Thanks.  Having lived there, what's your personal opinion about the best way for newbies like me to find available properties?  I'm single and retired so am interested in living where I can meet other English speaking retirees.

TerrynViv

Getting to know some of the locals and asking their opinion works in the long run, but that is hard to do until you are established.  Many of the small businesses have "bulletin boards" where you can find some ideas.  We travelled throughout Costa Rica during our inaugural visit and found asking people in the various areas worked best.  At the time, our Spanish was limited so that discounted a large part of the population.  Most people in general were very willing to share their thoughts.  We did find a "realtor" in the Dominical area who spoke English and was very helpful, but Casey was the exception rather than the norm.  He was the only one that gave us honest opinions but unfortunately we had decided by that time that we did not want to reside in that area so we just kept plugging away. 

Nylado

Thanks for your honest opinion. Doesn't sound like an easy process. I was hoping there would be a less stressful way to search. 😒

daveandmarcia

The first thing you or anyone else who's thinking of settling in Costa Rica is to decide what sort of environment you wish to live in -- beach, uplands, mountains?


Then, you need to make two lists: one for "needs" and a second for "wants".


Based what you decide, you'll be in a much better position to search for what will suit you. You can ask for ideas here, but first you must decide what's important to you.

rainagain

The advice coming from TerrynViv and DaveandMarcia is really good here.  Location needs to be experienced because you may find that an area that looks 'good' is far too hot, or far too remote; etc.  the 'needs' list may lay waste to some of the wants list items... but you don't want to come here and have struggles during your first few years because you overlooked 'things'....  be ready to compromise, be realistic, and stick to those 'needs' .... example... if you can't live without it UP THERE... then you probably won't be able to here.  Like a hospital within a reasonable distance... remember, the ambulance has to get to you first (can you communicate in Spanish with the 911 person??) and then get you back to the hospital... roads here can be an issue; and there are no medics on-board the ambulance.  LOTS to consider.  Even proximity to groceries... at times you just get tired of rice and beans and frozen tilapia. After my first week 'visiting' ... I put 'paved road' at the top of my list... and since my village is on its way to 19 FEET of rain for 2024... glad I put that ahead of proximity to Pickle Ball or 'cafe where Gringos meet' on my list.... just kidding...  but you get my gist??

Once you do know where you want to be after REALISTIC consideration.. ask around about a realtor... or even, go onto the classifieds website called 'Encuentra24' ...  it is a site used by people all over central America and beyond.. you will seeing listings on there for properties in CR that no ReMax or Century21 website would have.  Many properties ARE listed by local realtors and they have far more access to local availability...  because most places here don't get listed!!   Word of mouth, or a sign in front of the house... is how most houses and smaller properties are sold here.  Leave your realty 'buzz words' and 'ratings' back where you came from... it just isn't the 'norm' here.  Could be the difference between spending $350K and $150K ...  I found a place here for $85K...  but I had a Tico friend inquire about the price... MAGIC!!   they quoted him $40K... because he wasn't a Gringo.   I got it and an adjacent vacant lot for a total of $54K.  The realtor was in Heredia...  my house is 3 hours from there!!  She was excellent (an attorney) and the process was as easy as making a sandwich. 

Think about it this way...    If 95% of Ticos aren't using ReMax or Century21 or a realtor named Ken or Cheryl who speak English as their FIRST language...  then why would you??    I don't think it's crazy or 'brave' to come to CR and do things the way the Ticos do it...  it's called common sense.

Good Luck.

daveandmarcia

As for the "trustworthy realtor, first, there are no realtors in Costa Rica. There are only people of widely varying backgrounds and qualifications who have declared themselves to be real estate agents. Remember that real estate agents, here and there, are always working for (1)themselves, (2)the seller, and (3)nobody else. There are no formal "buyers' agents" here except you.


The "trustworthy" part really is up to you. First, engage a Costa Rican attorney who represents your interests rather than the seller's or the real estate agent's. Then, when you identify a property that you're interested in, have that attorney research it in depth in the National Registery where all legal records of property are kept. If the research indicates that the property is safe to purchase, consider having a second attorney redo the research to be sure that nothing's been missed. Only when both attorneys conclude that the property is safe to purchase should you consider buying it.


Special Note: Costa Rican law provides that every parcel of land in the country must be registered in the National Registry, but that is not the case. If you encounter a parcel that your attorney(s) cannot find in the National Registry, run, run like the wind. There is no way to know who legally owns that property and getting it into the National Registry can be a very long and expensive process. And you may not succeed.


And unregistered parcels of land have been known to have been sold by sellers who have no legal connection to the property.

Nylado

@daveandmarcia

Great advice. This is my next need to know question...how do I find a legitimate attorney??

rainagain

I can recommend one... she was excellent and handled my property purchase and took care, up front, to check on and verify that the property was listed on the National Registry and was 'clean'.  Plus, she told me that she wouldn't even represent a seller until that part of the selling process was kosher. She had a professional office in Heredia; (we had the property closing there... all staff were professional and polite) and the sellers (i bought two properties next to each other) were all educated professionals who wouldn't have used anybody less qualified. 

HELCOR is the name of the company; real estate, lawyers, notaries, mortgages, etc.  Hellen Cordero is founder and whom I dealt with directly.  Very nice and professional.  They moved faster than I could and were able to accomodate my wishes to 'wait'; etc. until I had time to travel and take care of banking; etc.

helcorcr.com/servicios/

daveandmarcia

Like real estate agents, attorneys are local actors, so you must ask around.


You may find it best to begin by seeking out fellow expats and ask them. You're going to need a combination attorney/notary to get anything legal done. Most, but not all, attorneys are also notaries, so they wear two hats and you won't be able to tell the difference which is all right.


Many expats are already settled, been through all the hoops, and ready to be of some assistance. If you're  new to town, patronize public places like restaurants, banks, etc and look for expats. They'll be the ones wearing shorts, T-shirts and sandals.

rainagain

@daveandmarcia

LOL !!!   tank-tops and flip-flops too!!!

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