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Hola Mr Benson : The property I bought was owned by a Tico that had bought it 5 months prior to me buying the property . They must have made a fair profit . My point is the difference in the asking price for a Tico And the asking price for a gringo for the same property . The Tico owners must do thier homework just like the potential buyers .No realator wants to sell a cheap property .But the owners want and sometimes need to move thier property . A realator asking 10 times what it is worth helps no one .I would rather make a fair profit on several sales and build a viberant market instead of making a killing on 1 sale to 1 fool .Ticos are not bad business people . It is just that they are expierencing something that most of them haven’t been exposed to before . Most of them especialy the country people have land that has been thier family for generations .Most of them don’t realize that they could sell a very small piece of thier finca for more than they could get for thier whole farm .They could then get a full time position watching some Gringos lot or house . They would still have thier home and a full time source of income . I am a farmer and I know the mind set behind not giving up an inch of ground . I bought my finca at a price that I have already put it in my children and grand childrens names . It took me 9 years to find the right property and I am not going to sell it . I am trying to become part of the community . I am not a rich Gringo . But I do have 40 years expierence in agriculture and business to offer to my Tico Community .
The problem in Costa Rica is everybody is a realator . Owners list thier property with everybody generaly for different prices . Gringos do not understand how long it takes for paperwork to be completed .Hola Scott : It is not only the gringo realators but also the Costa Ricans themselves . I have looked at property all over the country . Mostly looking for a small farm . I actually found 1 over the internet listed by a major realty company . It took me 3 days to find someone who could speak english . I asked the agent about a dozen questions and told the guy I would buy the Finca . I insisted that he go that day and get a signed contract and take more pictures which he did .
My next problem was how was I going to close on the farm . I didn’t want to use thier attorney and I didn’t know 1 of my own . I was walking threw the house with a pile of papers,1 of them fell to the floor. It read Stewart Title Service . I took this as an omen . I had written the note 2 years before . I probably would not use them again, but for a first timer it worked .
I latter found out this was the agents first listing and his first sale . He latter went back to this same town and listed every property he could for exorbatant prices . Now it is all setting there with everybody expecting a huge wind fall and nobody is selling anything .
Non Costa Ricans have to understand the only thing these people have of value is thier land . They usualy only get 1 chance .
