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Colombia Home Buying process.
Step by step guide.

The home buying process in Colombia can be a pleasant experience if you want. Just keep in mind some of the Buyers Tips or if you want to buy for investment check this Investors Tips and prepare to make one step at the time.

Let's get into matter.

I classified the process for buying a home in these 10 steps. They seem to be quite a lot to do, but you will find that is an easy process:

1.-Choose the place.

Do you know enough information about the city you are planning to live or move?Search about the local real estate market you are planning to buy. Get as much information as you can during your home buying. You can check in this site a general overview of the best Colombian hot spots.

This website is built with your feedback.

Do you already know about a special location in Colombia to buy real estate? Why don't you share it with us? Others already have done so!. Share your knowledge of special Colombia locations here Your story will be part of this site and it will help other foreigners like you.

2.-Choose the project.

When buying a home make a wish list of the type of property you want. Are you looking for new properties? old ones, FSBO? See what are the differents types of Colombian properties in offer and make your choice. As an independent real estate agent, I can help you to find the place according to your needs. So take a few minutes to tell me in the Property search form what are those special characteristics you want of your home.

3.-Make an offer an negotiate the Price.

In Colombia people usually overprice their properties. So, prepare to bargain. See What you should know about how estimate Home Value in Colombia.

4.-Define your payment method.

Once you agree with the price, It is important to plan in advance your payment method. You can find in this website the information needed to make you decide How to pay for your home.

5.-Sign a purchase agreement

No matter you're buying or selling. Once you agree with the major terms of the negotiation, make sure it is expressed in a paper. See what a Sales Contract must contain to protect buyer's rights.

6.-Make the closing and sign the deed

See all information I have related to the Closing and Don't forget to reserve extra money to pay Closing costs .

7.-Prepare to receive your property.

No matter you can or can't come to receive the keys of your property, check out this important Inspection Tips.

8.- Register the property.

You are finally the new owner!, so you must legalize it before a local goverment's office. See what you should know about Recording Title .

9.-Register as a Foreign Investment (Optional)

If the amount of the investment is up to USD$100.000, you can exercise your rights as a foreign investor.

10.-Enjoy your property!!

Every step is cover in this home buying guide. Anyway if you have questions about it, Please feel free to Contact me, and I'll try to solve your doubts.

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