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  #1  
Old 02-10-2003, 06:02 PM
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Join Date: Feb 2003
Posts: 4
Alev Level 1 (10)
Default Mortgage

Hi there,

We are planning to move to Santo Domingo in the very near future from the US.

Since we are planning to stay there for at least 5 years maybe more and I was wondering is it better to buy a house or rent one.
We need a 4 bedroom house.

I appreciate your comments and advices.

Regards
Alev
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  #2  
Old 02-12-2003, 12:23 PM
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Join Date: Jan 2002
Posts: 462
KenoshaChris Level 1 (10)
Default Mortgage

If your question is whether mortgages are available, you will be very disappointed. Private financing may be available. Do an archives search for mucho informacion.
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  #3  
Old 02-12-2003, 12:29 PM
sjh sjh is offline
aka - shadley
 
Join Date: Jan 2002
Posts: 947
sjh Level 1 (18)
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renting can be very economical. If you really want to buy a place you should rent in the area for some time to get an idea of the prices and other "gotchas"
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  #4  
Old 02-12-2003, 03:12 PM
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Join Date: Feb 2003
Posts: 4
Alev Level 1 (10)
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Thanks for the suggestions. I will not consider buying a hse at the moment. What is the best source for rentals?
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  #5  
Old 02-12-2003, 03:14 PM
sjh sjh is offline
aka - shadley
 
Join Date: Jan 2002
Posts: 947
sjh Level 1 (18)
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someone in santo domingo can answer that better than i...

anyone? anyone?
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