| /h1> | | | | buying foreclosures is a great way to get ahead |
| The real estate market crash in the US has | | | | in Costa Rica. |
| ignited a fevered interest in buying Costa Rica | | | | For those people still holding on to their cash, |
| foreclosure properties as people eagerly look to | | | | hoping the market will go lower yet, the |
| move their savings and investments offshore. For | | | | estimates are 2-6 months for the market to hit |
| investors from the US and the UK, Costa Rica | | | | bottom, although some say it already has. So be |
| foreclosures are a great way to get money out | | | | careful not to wait too long - if you are planning |
| of failing economies. Of all the offshore options, | | | | to wait until everyone says it’s ok to buy |
| Costa Rica is an excellent choice — | | | | again you will be following the herd and buying in a |
| it’s politically stable, continues to grow as a | | | | rising market, thus missing out on this opportunity. |
| tourist and retirement destination and there are | | | | Everyone’s goal is to buy low, sell |
| no restrictions on non-residents buying | | | | high and now is the time to buy. Statistically |
| properties. | | | | the US experiences a recession approximately |
| In response to the growing demand for more | | | | every 75 years. The last one was in the |
| information in English about Costa Rica | | | | 1930’s and here we are in 2008, right on |
| foreclosures, has recently launched a Costa Rica | | | | schedule. This means that most of us will have |
| Foreclosures list and consulting service on their | | | | just one golden opportunity in our life to buy this |
| already established Costa Rica property MLS at | | | | low. The people who buy now will be the ones |
| As they explain on the website, there are some | | | | selling high later. |
| great investment opportunities in Costa Rica | | | | Foreclosure properties in Costa Rica sell for |
| foreclosures, but investors should rely on | | | | 50-70% of their market value. There are no hot |
| professionals to do thorough research before a | | | | tips here, just common sense that says your goal |
| purchase to minimize the risk of legal issues which | | | | is to pay the lowest price possible and |
| could jeopardize an investment. | | | | foreclosures offer that margin of return hard to |
| The number of properties going into foreclosure in | | | | find elsewhere. A safe haven for foreign |
| Costa Rica is increasing almost daily, as is the | | | | investment, Costa Rica property has been |
| quality of the properties. With so many good | | | | considered a inspired investment for years. Now |
| options available at a discounted price, buying at | | | | we’re experiencing a market primed for |
| market value doesn’t make sense. The | | | | profit and investing in Costa Rica foreclosures |
| best way to get a good ROI is to begin with an | | | | may just be the opportunity of your life time. |
| excellent deal that gives you a head start, and | | | | |