The 15 Questions You Should Ask When You Buy Properties Overseas.
Congratulations. You are embarking on a fabulous journey. This should be exciting and fun. It will be if you keep your wits about you and remember just three simple steps.
You are pursuing a home or investment property ownership overseas. Your vision for international diversification is prudent in these exciting and challenging times. You are wise to be exploring and expanding your horizons outside of North America.
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There are so many excellent reasons to be looking globally. The key to making it happen is to take action. “Action is the true measure of intelligence,” Napoleon Hill frequently said. And he’s right. Nothing happens until you do something. But please, “Measure twice. Cut once,” to use an old carpenter’s saying.
Or as I like to say, “We don’t know what we don’t know.” Think about that again. Because we can’t know what we don’t know,
I have created this Global Property Resource Kit to Investing in Property Overseas. This is a resource that you’ll want to keep close at hand and reference often during the purchase process.
Make copies and use the checklist included on page 21 when you evaluate properties. With more than 23 years of experience in the world of overseas real estate and finance, I’ve made a ton of mistakes along the way. You don’t have to. This guide is the distillate of my hard-earned experience, right here in just a few short pages. Use it.
You may have heard that once you leave North America, it’s “Buyer Beware.” The customary rules and regulations that you’ve become used to at home don’t always exist in other regions of the world.
It’s up to you, the buyer, to do your due diligence, to ask the right questions, and to be aware of what you are investing in. Take the time to learn how to efficiently and effectively evaluate a property or home overseas. It’s a significant investment in your future and happiness. Find a developer that is reliable and already delivering on those promises he made. You’ll be glad you did.
If you are planning a property purchase overseas, this resource guide will become your immediate go-to reference during the process of evaluating real estate opportunities. The 15 Critical “Must Ask” Questions Before Buying Property Overseas begin on Page 7.
These are the important questions that you need to ask during your due diligence; questions you might not think to ask. The questions boil down to three very simple steps you can take. Just 3 easy things to remember and do. Believe me, I didn’t know what to ask on many occasions and paid dearly when I didn’t. You can do better.
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You already know about the enchanting quality of life experience waiting for you overseas. It’s fantastic. Let me assure you. I have been living it every day for more than 2 decades now. You will absolutely enjoy your new home and perhaps even your “Golden Years” in a fashion most folks never consider possible.
Be sure to check out the “Are You Ready to Live Overseas” tool on Page 6 as well. It’s fun and incredibly accurate for such a short quiz. This reference guide also includes country profiles for four popular Latin American countries, as well as noteworthy articles about moving overseas and investing offshore. A set of tools to help you do better and do more. Imagine the years of fun you’ll have with the kids and grandkids, enjoying year-round warm weather, swimming in the ocean, beach combing for shells, teaching them how to ride a horse, gardening, snorkeling, sailing, golfing, fishing, exploring 400-year-old cities, hiking in the rain forest, or just kicking back and reading Dr. Seuss to them under the shade of a palm tree.
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The choices are nearly boundless, and the opportunity to create a unique and exciting set of memories for your family will become part of your legacy gift to them. It can be a gift that they will tell their kids and grandkids about too. My advice is to pursue your dreams, but keep both eyes open and your brain turned on. Be smart about the decisions you make, but please take action and do something. The fun only starts once you do.
Lastly, be in touch. I hope to meet you during your travels south of the border and hear your success story. If we can be of any assistance with your planning, reach out. We are here for you, and have many other complimentary resources we can offer you as well.
Please complete the form on the right to receive your free copy of the ECI Global Property Resource Kit and discover the investment opportunities available to you in Latin America with a company long-established in the region. ENJOY THE ADVENTURE.