“This is Robert Irvin, the developer of The Oaks Tamarindo. I am here today to talk a little bit about the seller financing that is available for qualified buyers.
If you are from the United States or Canada and have investment opportunities or financing available at home, you’re better off as a cash buyer.
If you have uncertain cash flows or if you want convenient quick financing, I can offer five percent interest-only financing for 5 years with 50 percent down.
The advantage of this financing is that you can close quickly and easily with a low rate of interest and with low, low monthly payments because your payments are interest only, no amortization.
The benefit for me is that I cannot find a safe investment in the United States that gives me five percent interest and neither can you. Therefore, if you have the cash, your safest investment is here in The Oaks.
If you do not have the cash available now but you want to buy before prices go up, then I can offer you the five percent financing which gives me a better rate of return than a bond does and gives you a much lower interest rate than you can obtain through a Costa Rica bank.
If you decide to go through a Costa Rica bank, you are going to be shocked by the closing costs and the delays that will occur before you can finally close.
But fear not. I do not allow financing through Costa Rica banks because I am not shocked by the closing costs and I am not shocked by the delays.
I have had so many Costa Rica bankers tell me, “Oh! It’s only 15 days to approval.”
True, and then six months to closing. I will not wait six months because in six months, the prices will be up. However, I will take a safe five percent return in order to close now easily.
Buying Your Condo At The Oaks Tamarindo – “Possibly the best value condos in Costa Rica under $200,000.” Scott Oliver.
As the founder of WeLoveCostaRica.com for over ten years my primary goal has always been to save our VIP Members time and money by investigating projects for you so you don’t end up having another painful and expensive “learning experience.”
The developer of The Oaks Tamarindo, U.S. citizen Robert Irvin is an experienced developer with a proven track record of building quality real estate in Costa Rica and, it’s important to note that this is not a project in pre-construction, The Oaks Tamarindo is a totally completed, debt free project and I feel very comfortable recommending it and I know that Robert Irvin will do his best to ensure you are 100% satisfied with your real estate investment at The Oaks Tamarindo.
For More Information About The Few Condos Remaining For Sale At The Oaks Tamarindo.
For more information about buying or renting a condo at The Oaks Tamarindo or more details about the developer financing then please help us to help you by using the simple form below:
Article ID Number 5260
Written by Scott Oliver, author of 1: How To Buy Costa Rica Real Estate Without Losing Your Camisa, 2: Costa Rica’s Guide To Making Money Offshore and 3. ¿Cómo Comprar Bienes Raíces en Costa Rica, Sin Perder Su Camisa?
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