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Here’s a list of good law firms in Costa Rica:
– Pacheco Coto: http://www.pachecocoto.com
– Facio & Canas: http://www.fayca.com
– Cordero & Cordero: http://www.corderoabogados.com
– Arias & Munoz: http://www.ariaslaw.com
– Consortium Legal: http://www.consortiumlegal.comit would be very enlightening for everyone if you could follow up once you know the status of your investment.
I heard rumors that WLI just sold their entire property in Colorado de Abangares so this could get nasty if they make a run with everyone’s money.
I just got off the phone with them and they said they know nothing of the sort. They said just bad rumors on the web.
There are no such thing as an american style escrow in Costa Rica. In the US escrow accounts are “neutral third party bonded ($3,000,000.0 per transaction) depositories A Tico lawyer is hardly neutral, he is involved in the transaction so he is not a third party, and the colegio de Abogados, a most worthless institute that refuses to sufficently punish there own and therefore are indirectly responsible for the vast majority of fraud in CR do insure attorney escrow accounts for a whopping $590.00. Seen any $590,00 property latley?
Also, regarding needing help, an acquaintance used a consultant to get three properties from WWLI with the land properly vested in each corporation. The man does seminars in California regarding real estate in Costa Rica. My friend told me he tried for over a year to get his titles from WWLI and had no success even with Costa Rican attorney. He bought his property sight unseen on the web and the three pieces cost $100,000 for 6 hecs. He never got title even agter a year. I do not remember the consultants name but I remember his unique email, cashincostarica@yahoo.com. He told me he got it all squared away for him in two weeks. Apparently he’s a real bulldog.
My friend just bought a property in Colorado de Abangares and he said that his property is located next to WWLI’s property and that the local people of Abangares are commenting about the sale of this property. Perhaps it’s just speculation, but it’s definietly something to look into considering WWLI’s past and having invested with them. Calling them and asking them if they sold the property is not a very reliable source as they have been known to commit fraud.
Mannx, if you are so convinced about your investment with them, why do you even ask for our opinion about WWLI? We’re just trying to give you our input from what we know of the local market and what we have heard on the media from them.
Edited on Jul 10, 2007 09:23
I hope you have by now, but this attorney handles a lot of real estate transactions in the area.http://crlaw.info/content/view/15/33/
http://www.explorecostarica.com/newsmanager/publish/Costa_Rica_Businesses_Costa_Rica_Law_Services.shtml http://www.martindale.com/Real-Estate/Costa-Rica/Puntarenas/
the explorecostarica site is very helpful with up to date information as well.
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