Invierte en La Florida

Should the property be purchased in the name of a company or on a personal basis?

Your future taxes may be affected depending on whether you buy your new property with a company or you buy it as a personal property. A financial advisor or a lawyer can help you select the best option. This will depend on many factors such as the use you are going to give to the property. It is common to observe that the LLC (limited liability company) is the most used because: You avoid double...

Invierte en La Florida

What do you need to know about pre-construction property contracts?

There are some terms and conditions that you need to be aware of before buying a property off-plan or in pre-construction so that you do not get a bad deal. These are: Unilateral contract: the developer is the one who drafts the contract and establishes the conditions. The buyer has no right to make changes. Cancellation period: usually within 15 days of signing the contract, the buyer has the right...

Invierte en La Florida

What is the difference between real estate agents, REALTORS® and brokers?

Real estate agents: Real estate agents are professionals licensed to help buy and sell properties. They obtain a state license after completing training courses and passing an exam. They work under the supervision of a real estate broker and may perform intermediary activities, such as showing properties, negotiating contracts and advising clients. REALTORS®: REALTORS® are real estate...

Invierte en La Florida

What are the costs associated with the purchase of a property?

There are several expenses associated with the purchase of a property. When making the decision to buy a house, it is important that you know and take into account at least the basic expenses: There are three basic types of expenses when buying a home: Cost of the house: This is the price you agree to pay the seller. Initially, you will have to pay a portion of the cost of the house in the down...

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