Hi all -
Let me explain my current situation..
Currently, my parents who own land in DR have legally passed over the property/land to me. In the early 90's they started building a home (mansion like) but never completed the project. I would love to start building and completing this home as a personal goal of mine but dont even know how to begin (dominican myself). Now, i would like to know if in the Dominican Republic one can obtain a building/construction/mortgage loan (bank) to cover 100% of this project and pay as one would here in the U.S. on a monthly- basis. If so, can some one provide some information of this process... On the internet there is valuable information but limited. NOTE: I already blue prints, titles etc..
Thanks in advance.
Let me explain my current situation..
Currently, my parents who own land in DR have legally passed over the property/land to me. In the early 90's they started building a home (mansion like) but never completed the project. I would love to start building and completing this home as a personal goal of mine but dont even know how to begin (dominican myself). Now, i would like to know if in the Dominican Republic one can obtain a building/construction/mortgage loan (bank) to cover 100% of this project and pay as one would here in the U.S. on a monthly- basis. If so, can some one provide some information of this process... On the internet there is valuable information but limited. NOTE: I already blue prints, titles etc..
Thanks in advance.