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I am sorry that we all did, but no one else ran and on paper he seemed like the best (and only) candidate. I think we are stuck now, unfortunately. I suppose all of us owners will have to get together and figure out what we are going to do. I suppose we should give him the chance to see if he can run this or not. I wish I lived in CR full time for sure, now!
I am sure he is going to change the condo association regulations to suit his needs….although I hope I am not just assuming, but I kind of think that is the direction he will take. I don’t think we have any legal recourse that we can take. Can we impeach him if we so choose?
Thank you!!! I will definitely check into that. I believe I have heard of this group and may have met someone connected with them on one of my flights to Costa Rica.
Thanks so much. I tried to do a title search myself but I guess I did not have the correct ID numbers. I did find out that the Minnesota guys do use Casafont as their attorneys so I guess that won’t work to hire them for myself. I will check the others out.
I agree with you, Scott. I think it would be a good investment to protect myself and have an attorney present. Hopefully I can arrange something ASAP.
I hope, too, that the Si Hay, turns out to be something minor. if not, there are plenty of other properties I have found that are in my price range.
I finally did hear back from the attorney and she did find that dreaded
“Gravamenes: Si Hay” Scott, I just got your book in the mail yesterday and read the whole thing last night so I know about the Gravamenes. Not too happy about it. Needless to say I won’t be signing anything until I hear back from my attorney about what the problem could be.If she does not get back with me, I may go ahead and just pay the money to hire another attorney to help us while we are in Costa Rica.
I have a big pit in my stomach now and I hope this will turn out to be nothing serious. I do want to take all the proper precautions before signing anything.Thank you for your reply back. I do feel better after having talked to a few other people….and hearing back from you, Scott.
I got this idea about Costa Rica a little over a month ago and I have been doing so much research. Here I am now ready to take a trip to CR and possibly buy a condo. It all happened so fast, but then what am I waiting for?
It is scary, but I am excited, too.
Is there someplace I can look to see how real estate is doing in Costa Rica? Meaning should we decide to sell our condo in a few years is there enough of a market to make some profit to invest in something else? I guess one never really knows though.I do feel good about buying a condo that is under $100K and I am hoping there is some room for equity to increase. I know it certainly is not happening here in California!
This is so helpful to read all of these posts. I am hoping I did not just lose out on $5000. I, too, have found a couple of properties that I am interested in. My husband and I only plan on buying one property but I plan on looking at two and I will have to make a decision when we take our trip to CR the end of this month.
Actually it was the agent…I guess that is what you would call them….who is working with the developer who told me about this site. I did wire money to their office in Minnesota and was told that I would get my deposit back should I change my mind. He did encourage me to have the attorney I will be using to look at the titles contact their attorney if there are any questions about anything. Unfortunately, the developer is Grupo Mapache and I am so worried now that I may have made a mistake, I just don’t know.
The properties are already built and they are supposed to be finishing up the cabinets and installing the appliances sometime this week. (Of course I know that really means next week or the week after.)
There is another development my husband and I are interested in, El Penon Del Sol, in Ocotal and I believe that is the same developer, Mapache? The agent I have been talking to regarding this property was the one who told me to be wary of any developments that involved Mapache, so I don’t really know.
Any advice? It can really be confusing trying to figure out who is telling the truth and who is not. You think you are doing all of the research and then you find out that you have overlooked something important.
