Do most people finance through banks on the island?

Post new topic

Kennypackers1 Member

Member since 04 March 2015

Kennypackers1Member05 March 2015 03:50:08

The name is Kenny and though my wife and I are just at the beginning of our journey to the island life we look forward to becoming expats and relishing in this radically different lifestyle. I am 44 and she is 43 and we are moving from the state of Wisconsin. All our 4 children are grown up just waiting on my youngest to graduate from high school so we can move on in life. I have read many comments about the island and have been around the entire island. I seem to prefer the rainforest coast more but have nothing bad to say about the west coast as Rincon聽 was awesome also.Currently we are in the financing stages of our home. Do most people finance through banks on the island? Once thats done then we will have to fly over and choose one. Any info on good realtor's or lawyers for documentation is appreciated. For now thats where we are at.... here's to a great new journey!! Take care all and thanks in advance for any input.

Christine ViP

Member since 29 September 2008

Follow 禁漫天堂 on , and

ChristineViP05 March 2015 09:20:26

42879

Hi Kenny,

welcome to 禁漫天堂!

A new topic has been created as from your post on the Puerto Rico forum.

NomadLawyer Serial expat

Member since 27 September 2010

NomadLawyerSerial expat05 March 2015 23:21:35

693

I can recommend lawyers but I need to know what area of the law suits your situation first.

suzanne12345 Contributor

Member since 15 November 2014

suzanne12345Contributor05 March 2015 23:23:52

163

Our realtor was ahernandez@ahrepr.com Alberto Hernandez. We were very happy with him and he has worked with many people at my husband's company. Good luck with the move!

Priscilla ViP

Member since 30 May 2013

PriscillaViP06 March 2015 06:52:52

42358

@ suzanne12345 > Thank you for this sharing of information.

I invite you to recommend this person in the business directory here : /en/business/centr 鈥� erto-rico/

Thank you for your help

Priscilla

frogrock Serial expat

Member since 17 July 2013

frogrockSerial expat06 March 2015 12:16:41

509

You will find it difficult, if not impossible, to finance a home in Puerto Rico with a non-Puerto Rican Bank.聽 My New York banks said "no way". In PR I opened accounts in local banks.

Bear66 Member

Member since 18 August 2014

Bear66Member10 March 2015 09:55:16

We bought a condo last year in Fajardo and financed it through FirstBank. We had a great real estate agent who handled everything. I've bought several properties and this transaction was about as smooth as they come.

Articles to help you in your expat project in Puerto Rico

Renting in Puerto Rico
Visiting the island many times over the years and getting to know the towns and different areas before making a ...
5 misconceptions about Puerto Rico
Playa del Condado, Puerto Rico
Purchasing property in Puerto Rico
Six yeas ago we purchased our home in Naguabo Puerto Rico (PR) in the barrio of El Duce. Some of the lessons we ...
A land of opportunity and freedom.
The day we decided to move we were a little worry about how expensive it would be. Now we know how affordable it ...
Paying Taxes in Puerto Rico
Paying Taxes in Puerto Rico
About Work VISA
I am writing this guide to assist people understand how a work VISA is done.
Social Security Number for Expats
Ok, have a social security number is your first step to receive your salary and start you financial live on the ...
Why realtors may not call you back
There are many reasons and probably more that I can list, but I will try to cover the most common ones. Remember, ...