Question : How do I protect my self when purchasing a real estate property out of the US?
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?
- asked by supermoren02130
All Answers:
Answer #1
Make sure you know what you are buying but youcan't protect yourself entirely. Civil unrest orpolitical changes can take your property withoutpaying you anything if they decide to nationalize.
- answered by shiprepairwoman
Answer #2
grab ur nuts and hang on, ur goin for a ride. inreality you have very lil protection. youve neverlaid eyes on the proerty, yet youll lay out $$?? ive got some ocean front property, right outsidetuscon, for sale...itll go quick, so make me anoffer, ill send pics and referances, youll lovethe view.
- answered by tex
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measure and fulfill your financial needs
