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LarryJohnsonPR

@LarryJohnsonPR

Active member

American expat in Puerto Rico

Forum

63 posts

Contacts

20

About me

American

Lives in Camuy

Speaks English, Spanish

Registration: 08 August 2017

Activity

LarryJohnsonPR replied to a thread
last year
garciahanner

Searching for Real Estate Title Insurance For Home Purchase in PR by garciahanner

I am from California and looking to buy a home in Southeast Puerto Rico. I am researching title insurance companies but do not find any of the title companies I am familiar with, physically located on the island. Otherwise I have to use a Fidelity ...

LarryJohnsonPR

Hi Arlene,I'm a mortgage professional here on the island and we utilize Title Security Group for all of our title needs. You can reach out to them at ***hit ext262 .Hope this helps. Read More

LarryJohnsonPR replied to a thread
3 years ago
jillmedina

Looking for a bank account that can be set up from the states by jillmedina

I am trying to establish a bank account in PR that would allow us to have visa and most importantly ATH access. Has anyone been able to set up an account while being physically in the states? We will not be on the island for apx 2 more months.

LarryJohnsonPR

If you are trying to set up the account from the states, I reccomend Pentagon Federal Credit Union ( PenFed). Very fast and easy. Once you are on the island they have a few branches if you need cashier's checks (free of charge) etc and one ... Read More

LarryJohnsonPR replied to a thread
4 years ago
Capoise32

Where to look for English-Only Employment in PR by Capoise32

Hola! I'm Suzanna from the mainland USA. I've traveled to over 30 countries and PR is by far one of my favorite places to visit. PR literally feels like home to me. So much so that I'm interested in moving there next month. I'll be ...

LarryJohnsonPR

With the skills and background you have I don't think you'll have to much of a problem landing some form of employment. The question will probably be more about what type of income structure you can live comfortably with. Be sure to ... Read More

LarryJohnsonPR replied to a thread
4 years ago
Capoise32

Where to look for English-Only Employment in PR by Capoise32

Hola! I'm Suzanna from the mainland USA. I've traveled to over 30 countries and PR is by far one of my favorite places to visit. PR literally feels like home to me. So much so that I'm interested in moving there next month. I'll be ...

LarryJohnsonPR

Hi there, Ultimately I think it depends on the type of job you are looking for and what your background is. When I moved her 6 years ago ( also from Denver) I was in a similar boat as I knew very little Spanish. I think USA jobs would be a good ... Read More

LarryJohnsonPR replied to a thread
5 years ago
Live2sparkle

Building Homes in PR by Live2sparkle

I have seen a few posts from people who have built a house or will build a house on the island. Rey, I know you have a beautiful lot that you posted a photo of. And a few others, whose names escape me at the moment, have mentioned building. I am ...

LarryJohnsonPR

Out of curiosity which company quoted you. That seems a bit high but depends on the products included with the quote. Does that include a servicing of the equipment, extended warranties etc. Was this a full off grid solution or grid tied with ... Read More

LarryJohnsonPR replied to a thread
5 years ago
Claudid

mortgage on average to get approved in Puerto Rico by Claudid

Hi I’ve been waiting on getting approval of a bank mortgage for a condo from a major bank in Puerto Rico since mid-November. My question is, how long on average does it take to get approval in Puerto Rico? I over heard one person in Luquiilo ...

LarryJohnsonPR

In an ideal situation on avg it shouldn't take more than 45-60 days for condo financing but there are a number of factors that come into play. I'll list a few of them here. 1. Communication between the bank and the condo administration ... Read More

LarryJohnsonPR replied to a thread
5 years ago
rambla

considering building a casita (small home) as an investment property by rambla

I am seriously considering having a casita (small home) built to use as an investment property. Although I live on the island, having a home built is all new to me. I am curious what is the ballpark cost for building a small 600-700 sq. ft. 2 ...

LarryJohnsonPR

Hi there.. I hope all is well!! I haven't personally contacted this company yet but you may want to check these guys out: http://ecoprecastpr.com I saw a small unit on their website that closely fits what you are looking for at 41K. Their ... Read More

LarryJohnsonPR replied to a thread
5 years ago
londonpride

Solar powered house in PR by londonpride

Generators were covered pretty good in a recent thread with 50 replies and 600 views. Learned a lot from that one. Solar hasn't. I'm just starting my research but it looks like roughly $10,000 + install for whole house if attached to the ...

LarryJohnsonPR

Update from an earlier post of mine. We just celebrated 5 years of being 100% off grid and our system is running great (4.5 KW /lead acid batteries). Overall the market place is considerably different here now compared to 5 years ago. Prices ... Read More

LarryJohnsonPR replied to a thread
5 years ago
nikandjen

Opportunity Zone / Construction Tax / Etc by nikandjen

Hi I purchased a house in PR last year and planning on major renovations to start end of the summer. I've been reading on the Opportunity Zone Laws recently implemented and the additional local laws PR has been trying to pass or already passed ...

LarryJohnsonPR

You can also get in contact with a representative at Invest Puerto Rico ( www.businessinpuertorico.com). This organization has been assigned by the current administration to essentially promote all of the various incentives available to potential ... Read More

LarryJohnsonPR replied to a thread
5 years ago
solgirl

surveyor needed in vieques by solgirl

HI Everyone, I need a surveyor for my vieques property to measure metes and bounds. It seems very difficult to find someone to do the surveying so I can build a fence around our lot. Any ideas anyone please ? Thank you :)

LarryJohnsonPR

Just pm'd you a contact that should be able to help. Read More

LarryJohnsonPR replied to a thread
5 years ago
laalinda

Isabella Home Inspector by laalinda

we are looking to purchase in Isabela area and i'm not sure how it works to hire a home inspector. would the inspector spend the day with us checking out houses? and if so, how much does that cost?

LarryJohnsonPR

There are inspectors available but it's best to select a house that you are interested in first and have a passing inspection be a contingency on the purchase contract. Note most properties are sold as is so don't expect a seller to fix ... Read More

LarryJohnsonPR replied to a thread
5 years ago
laalinda

We are looking into buying in the Isabela area by laalinda

Hi! I just signed up myself today. My husband and I are looking into buying in the Isabela area and are finding out the ups and downs of hunting down an agent. We have been pre-approved and now trying to get agents to return our calls, ugh!! good ...

LarryJohnsonPR replied to a thread
6 years ago
DocRob

Can anyone explain options on island property? by DocRob

I know on the mainland if you want to option a property, it usually involves placing an amount of money on the table and contracting that you will buy it in such and such time and amount. If you don't exercise the option, you forfeit the ...

LarryJohnsonPR

there really is not a minimum amount of time required to be on island to qualify. The credit qualifying process here is basically identical to what you would see in the states with the exception being if you are married both would need to be on the ... Read More

LarryJohnsonPR replied to a thread
6 years ago
DocRob

Can anyone explain options on island property? by DocRob

I know on the mainland if you want to option a property, it usually involves placing an amount of money on the table and contracting that you will buy it in such and such time and amount. If you don't exercise the option, you forfeit the ...

LarryJohnsonPR

Yes crim can go back up to 5 years for back taxes or assess a new value after a closing (for repairs improvements etc) that potentially could create a new lien if left unpaid. The "when" just really depends. If obtaining a mortgage ... Read More

LarryJohnsonPR replied to a thread
6 years ago
ReyP

Town you call home by ReyP

What town in PR are you living in or planing to move to?

LarryJohnsonPR

i live in Camuy Read More