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  #1  
Old 07-06-2008, 09:30 PM
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domenico Level 1 (10)
Default Tentative about buying property?Owner lives here in the states? how would that work?

There is a house that i am very interested in buying, how would i go about the whole deal if the owner is here in the united states. What means would i have to take in order for me to buy the house from here using a dr lawyer from there.
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  #2  
Old 07-06-2008, 10:12 PM
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Hipocrito Mejia Level 1 (11)
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I believe that you would both have to give someone in DR power of attorney through one of the Dominican consulates in the US.
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  #3  
Old 07-06-2008, 11:25 PM
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domenico Level 1 (10)
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well that wont happen because i aint gonna give anyone no power of attorney. how can i make a deal with the owner so that i can secure the house so that he takes it off for sale
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Old 07-06-2008, 11:39 PM
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Chip Level 1 (43)
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You may be able to work with a lawyer in the DR if they will accept signed and notarized contracts from outside of the DR. I'm sure Lic Guzman would know about this.

Also, it may be more complicated if you are using some type of financing to buy the home.
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  #5  
Old 07-06-2008, 11:51 PM
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domenico Level 1 (10)
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its a straight cash deal, the person has all he papers in order here but i want to make sure from my end everything is ok so i need to know if i ould be better off doing it there
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  #6  
Old 07-07-2008, 02:34 PM
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Use someone like Guzman to prepare the sales contracts and do the necessary due diligence etc. At the end of the day, your going to need to use someone local to do the necessary legal paperwork and make sure the property has clear title, legal etc etc.
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  #7  
Old 07-07-2008, 02:36 PM
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You still need to use someone in DR to do a check on any money owing. If this search is not done properly you could find out after you ahve paid that there is money owing. You need to travel to the DR and do it personally in my opinion. I own a house, apartment and several pieces of land. All done with an excellent DR lawyer with no problems! could have had a problem on the original apartment as there was $12000 dollars owing which my lawyer found so the deal was stopped!
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  #8  
Old 07-07-2008, 03:17 PM
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Quote:
Originally Posted by harry_p View Post
No American company would dare to mess up when doing business with US citizens. You would not have the same guarantee with others, and believe me, it was a nightmare !

Steward has a office there in DR...

Stewart Title of Latin America

Contact this person: "Francina Zapata - StewartDR B" <fzapata@stewartdr.com>
Sure, they have an office, and?

Do you think your going to get better service because they are a US based company? Sorry, it doesn't always work like that here in the DR, despite what you might think or assume.

domenico, contact a reputable local lawyer like Guzman and let them know what you need etc. If a law firm has been endorsed by 4-5 people on this board, then you have a pretty good chance it's a good firm. We are very good at weeding out the questionable businesses, that's the beauty of having a huge active network of posters that live and work in the DR.
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  #9  
Old 07-07-2008, 03:34 PM
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Quote:
Originally Posted by harry_p View Post
company and a local lawyer you don't even know about !
Apart from the many, many posters on this board endorsing Guzman's law firm and the fact that he also provides a ton of free legal advice within the legal forum, then I guess your right.

Stewart Title have a local office, but I have yet to see any of our 42,000+ members posting details about their experiences with them.

harry_p, why don't you post your first hand experience of using Stewart Title, I'm sure it would be useful for all posters here at DR1 and I'm sure on Debbies board as well.
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  #10  
Old 07-07-2008, 04:41 PM
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sylindr Level 1 (14)
Default U.S. means nothing in DR

Quote:
Originally Posted by harry_p View Post
That's his choice ! I only give him advise ( and will give other people advices on other DR board such as Debbie's)
Now, Domenico, your choice between a reputable US-based company and a local lawyer you don't even know about !
just because they are resputable in the u.s. does not mean they know anything about the laws etc in the DR. if something goes wrong what makes you think they will be able to fix it or even work through it efficiently??
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