All Forum Posts by: Bobby Short

@Alex Washburn I'm particularly interested in the southern Nicoya Peninsula area.

After a lot of research, not many viable options for a Costa Rica Mortgage with terms similar to the US.

Hello - Looking for information on developing a peronsal "timeshare". I have a group of friends (about 10 people) who continuously being up the idea of going in on a vacation home together. The idea is it would treated like a timeshare, but without the ridiculous fees. Anyone have any advice on what that contract agreement would look like? Any general experience on something similar to this?

And Alex to answer your question, yes we do own a home in the US.

Thank You for the input, it's confirmed there is not a straight forward traditional mortgage option. I'm looking for a property in the 100k range. Maybe more for the right property. I currently have 30k in cash and continue to look for a solid option to finance.

I'm in the beginning stages of purchasing a 2nd home in Costa Rica. I'm quickly learning that getting a mortgage isn't a simple task. I've found options in Costa Rica, but rates are in the 10% range. Does anyone have any experience or guidance on obtaining a mortgage equivalent to purchasing a 2nd home in the US? Thanks in advance for your time. Bobby Short