It is this kind of thinking that will get you in deep s..t, ade. Sure you can find Dominicans selling what looks like choice property for a better price than you might have to pay for what appears to be comparable property offered by a realtor. But after you buy, congratulating yourself on the good deal, the wall is going to fall on your head. What you thought was a title is in the name of a long dead family member, and all the heirs are going to come knocking on your door for money. You will curse the day you ever tried to save a few bucks by doing it on your own.
Most important is to get an honest lawyer to assist you. When you know what area you are looking for property in, ask the board which lawyer, lawyers are recommended in that area.
And have your own lawyer. Don't try to save a little money using the seller's lawyer. Remember, you want somebody looking out for your interests, and only your interests.
As has already been mentioned, most foreigners buying land form a company. The company owns the land and the foreigner owns the company. There are a number of benefits from doing this, some similar to those of being incorporated in the US.
Keep in mind that there are almost no exclusive listings in the DR, no matter what your realtor tells you. Any realtor can show almost any property.
Check with the board about the realtor you are thinking of using. A lot of people go into selling real estate so that they can make money, and don't worry too much how they do it. That isn't the sort of real estate agent you want to be dealing with.
See the three "buying real estate" publications listed on one of Fabio's web pages. This is information you should be familiar with.
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