Our clients were in Venezuela when we sent them the pictures to the house which was set for foreclosure on April 30 at 10 AM. We had less the ten days to stop the foreclosure and their arrival on the 26th would have made it too late. The deal was so sweet, a total steal. They immediately wired transferred the funds for purchase to their attorney here in Costa Rica. She and Randall teamed up to get every last detail ironed out to stop the foreclosure by paying the past due installments, interest, penalties and bank attorney’s fees. Thursday the clients finalized all paperwork. Congratulations M&F. Felicidades!!!
The deal:
Property located in Heredia where the new trains are set to arrive in the Fall. Close to Universities and international businesses. The purpose of this purchase was for cash flow. They want to rent the home out and here in Costa Rica, homes are not usually sold with the washer, dryer, stove, oven, refrigerator etc…. We negotiated the final price of $95K with all appliances, furniture, spoons, knives, forks, plates and pots and pans. A TRUE TURN KEY for our clients. They will be able to secure an $800 monthly cash flow and the resale value on this property today is $160K.
Let us help you today to find your next property here in Costa Rica.
Next Post will be our steals and deals!!!
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