need advice on selling my condo

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nycgirl

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Jul 12, 2004
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I own my condo free and clear in santo domingo, and I have a girl renting one of the rooms (it is a two bedroom) and I am going to sell it to her. We will be working it it out where she will pay me roughly 20% down and make payments over a ten year period to me( as if I were the bank). My question is where do I find a lawyer to do the needed paper work. I assume I will still be holding the title until it is paid?
 
K

Ken

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Jan 1, 2002
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Fabio Guzman has an office in Santo Domingo.

You most certainly want to hold onto the title until you are paid in full.
 
C

Contango

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Dec 27, 2010
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nycgirl said:
I own my condo free and clear in santo domingo, and I have a girl renting one of the rooms (it is a two bedroom) and I am going to sell it to her. We will be working it it out where she will pay me roughly 20% down and make payments over a ten year period to me( as if I were the bank). My question is where do I find a lawyer to do the needed paper work. I assume I will still be holding the title until it is paid?
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Make sure its set up as "mortgage take back" that way when she defaults after a few years you can get it back.. :eek:gre:
 
A

arrugala

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Nov 7, 2010
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You will not be holding the title likely it will be held by the lawyer who convey it to the girl when she pays in full
 
A

arrugala

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Nov 7, 2010
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Get a second estimate from Guido Perdomo too with century one Realestate. Guidoperdomo@yahoo.com I believe BOTH LAWYERS mentioned have been around a LONG time . guido usually has held the title until the terms are met and then the final paperwork is done .
 
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arrugala

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Nov 7, 2010
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It is not so much I am recommending him as he has a Lot of experience and since his brother has multiple offices throughout the Island ,he is capable of drawing up a condo in SD ! my point really was recommending her to get a couple of estimates !!!!! In this country and every country that exists Get a min. Of two quotes! She asked for help
 
K

Ken

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Jan 1, 2002
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For Guzman's Santo Domingo office:

Ernesto de la Maza #35, Mirador Norte, Santo Domingo, Dominican Republic.
Tel: (809) 255-0980
Fax: (809) 255-0940
E-mail: info@drlawyer.com
 
Castellamonte

Castellamonte

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Mar 3, 2005
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It's important to make sure you do not actually have a contract with a mortgage that is registered with the government. If you do, you will have to pay a hefty tax AND trying to actually recover the property even on a failed mortgage is excruciatingly difficult. Keep it a private agreement between you and the other party yet follow the above advice to get an exceptional attorney to help you...personally I wouldn't do it with anyone other than Guzman Ariza.
 
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