TimBones wrote:
1) Squatter's Rights codified into law. A squatter simply has to occupy your land to get rights to it. The longer he or she or them, occupy your land, the more rights you get to it.
2) The government can simply take possession for it if they want to.
3) Dubious title search services don't prove who really own the land.
4) Dubious real estate agents or would be owners sell houses and land that don't belong to them
5) Gringo tax, nuff said.
6) Once you buy, it is very difficult to resale.
7) You will be the only one in your building or community that notices things like sewer gas entering the homes.
8. You should not buy a home in a country where you don't first have residency.
9) After you buy a nice family moves in next door and stares at all your guest and you can't move because you bought instead of rented.
10) After your 2 or 3 year itch to move comes you can't because you bought instead of rented.
11) You visit MedellÃn and want to stay for a month or two but cant because of your crappy Costa Rica purchase that you can't sell.
12) The walls in your building allow rain to seep through the walls but your the only one that seems to care.
13) You want to sell but don't want to be dishonest to the potential buyers about all the crap thats wrong with the building.
14) You don't have people in Costa Rica with residency that you trust that are necessary to be the secretary and officer for your corporation for your home.
15) The alarm in the government building across the street goes off all night, all weekend, Christmas day etc, but again, only, "the gringo" seems to care.
16) You meet a beautiful girl and want her to stay the night and the next but since you own you cant because if she lives with you , she can claim domestic abuse and keep you from your home for a year or two.
17) Every other problem, hurdle, and challenge is magnified because you own and the pressure is on. No more, 'foot loose and fancy free in Costa Rica'.
18) Your roof leaks and you have to sue the homeowners association to get it fixed 3 years later.
19) You buy during one season and realize during the next just how crappy the construction is.
20) A new neighbor moves in upstairs from you and stomps like a lumber jack and shakes your walls but now you cant move.
21) You buy a home with 20 foot walls but somehow all your crap still gets burglarized .
22) Homeowner's association fee $350 a month.
23) Nobody in your neighborhood has been able to sell in 4 years.
24) You want to switch from a beach location to the city or to the beach from the city but cant because nobody had sold in 4 years.
25) Even if you could sell, you'd lose money so what was all the hassle for ?
26) After you buy your realize that EVERYTHING here to improve you home is Double. If you want a nice refrigerator, its $5000.
27) In the USA you had all the time and energy in the world to handyman your home . Here you only want to relax and play.
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