Buying your first home is a dream, but many people realize too late that obtaining a mortgage can turn into a path full of surprises and legal obstacles.
What happens if the bank changes conditions without notifying you? Or if charges appear that were never clearly explained? Continue reading “Your rights as a borrower: don’t sign a mortgage without knowing this.”
There is something almost everyone does when starting a business, closing a deal, or entering into a partnership: they trust. They trust in someone’s word, in the relationship, in “good faith.” And for a while, everything works. No one thinks about contracts when things are going well… until they stop.
More and more foreigners are interested in purchasing property in the Dominican Republic. Some are looking for a second home in the Caribbean, while others see an investment opportunity in tourist areas such as Puerto Plata, Punta Cana, or Las Terrenas.
However, one of the most common questions we receive at Santana Ripoll & Assoc. is quite direct:
Continue reading “Buying Property in the Dominican Republic: What Many Foreigners Discover Too Late”