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Updated over 4 years ago,

User Stats

89
Posts
77
Votes
Kevin C.
  • Real Estate Broker
  • Anchorage, AK
77
Votes |
89
Posts

Planning to purchase a vacation home overseas...

Kevin C.
  • Real Estate Broker
  • Anchorage, AK
Posted

I have an employee who owns some land in the Philippines. He offered me a 10-year lease so I can build a vacation home/rental. It's a beautiful farmland in a rural area.

I am inclined to accept. But does anybody here have any experience with transactions similar to this? Can you please share your experiences . Especially the bad ones. Thanks BP!

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