Hello, I live in Boston, MA and a friend is selling me a real estate property in Honduras.
The seller says that we don’t need to travel to honduras in order to close the deal.
What is the process and what should I know when purchasing real estate over seas, what is the best way to protect my self, do I need a lawyer?
2007-07-05 02:42:11 · 3 answers · asked by EL Nene Catracho 1 in Business & Finance ➔ Small Business
Make sure you know what you are buying but you can't protect yourself entirely. Civil unrest or political changes can take your property without paying you anything if they decide to nationalize.
2007-07-05 02:47:12 · answer #1 · answered by shipwreck 7 · 0⤊ 0⤋
grab ur nuts and hang on, ur goin for a ride. in reality you have very lil protection. youve never laid eyes on the proerty, yet youll lay out $$?? ive got some ocean front property, right outside tuscon, for sale...itll go quick, so make me an offer, ill send pics and referances, youll love the view.
2007-07-05 03:09:09 · answer #2 · answered by tex 3 · 0⤊ 0⤋
you maximum probable will lose your money till you get a criminal expert and fly down there to easily see what you're procuring. buddy or no buddy this is an exceedingly undesirable usa. Are you making plans to retire there?
2016-10-19 21:42:46 · answer #3 · answered by kelcey 4 · 0⤊ 0⤋