Results 1 to 4 of 4
  1. #1
    Bronze
    Join Date
    Jul 2002
    Posts
    655
    Post Thanks / Like

    Default Real Estate Investments

    How difficult is it to purchase property in the DR and obtain a
    clear title? Can someone recommend a broker and/ or lawyers
    to contact?

    Gracias!

  2. #2
    Moderator
    Join Date
    Jan 2002
    Posts
    18,117
    Post Thanks / Like

    Default It is not hard

    Send an e-mail to Fabio Guzman over on the Legal BB. He can help....

    HB

  3. #3
    Bronze
    Join Date
    Mar 2002
    Posts
    1,140
    Post Thanks / Like

    Default anecdotal and unscientific real estate comment

    What I am about to say is based on my personal research (I was considering a residential investment at one time and I have some legal training) and anecdotal evidence from friends on the island. It's important to note those qualifications because I don't want to give a false impression.

    I decided against buying mostly I didn't think it would be a good investment (currency fluctuations, interest rates, a construction pace that apparently outstrips any reasonable demand, and the relatively low rental costs discouraged me) and because I couldn't secure title insurance to my satisfaction. That, along with what seemed to me to be a considerable number of horror stories involving lawyers leaves me happy with my decision, for now. My favorite hard luck story was one that involved a Spanish colonial land grant.

    Good luck.

  4. #4
    Bronze
    Join Date
    Jul 2002
    Posts
    655
    Post Thanks / Like

    Default Thank you

    Hillbilly,
    You always seem to have the right answer.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •