Cashing in on a Second Home in Central America: How to Buy, Rent and Profit in the World's Bargain Zone

Overview

This straightforward, informative guide helps potential second home buyers and investors and renters easily understand the nuances of Central American countries, mortgages and escrow. Aimed at baby boomers and retirees who want to discover an inexpensive spot to spend their leisure days safely in the sun.
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Cashing In On a Second Home in Central America: How to Buy, Rent and Profit in the World's Bargain Zone

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Overview

This straightforward, informative guide helps potential second home buyers and investors and renters easily understand the nuances of Central American countries, mortgages and escrow. Aimed at baby boomers and retirees who want to discover an inexpensive spot to spend their leisure days safely in the sun.
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Product Details

  • ISBN-13: 9780977092017
  • Publisher: Crabman Publishing
  • Publication date: 9/28/2007
  • Pages: 362
  • Product dimensions: 5.50 (w) x 8.30 (h) x 0.80 (d)

Meet the Author

Tom Kelly, a former real estate editor for The Seattle Times, is a nationally syndicated newspaper columnist and talk show host. Mitch Creekmore, recognized as and expert on Mexican property, is senior vice president of Stewart International. Jeff Hornberger is the National Association of Realtors' International Market Development Manager.
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Table of Contents


About the Authors     v
Acknowledgements     ix
Introduction: Why Central America?     xi
Exploring the Possibilities of a Dynamic Area
The Lure of Panama     3
Costa Rica: Once-Secret Paradise Found     43
Getting a Handle on Honduras     75
The New Ortega Nicaragua     95
Guatemala: Huge, Untapped, Mysterious     141
Time to Believe in Belize     163
The Secret of El Salvador     179
Preparing, Planning and Renting
Make Sure Your Dream Meets Up With Reality     197
Key to Your Profit Center: Finding the Right Path     207
Critical Choice: Tips on Selecting a Location     219
Strategies to Find and Keep Good Renters     227
Title Insurance: The Strongest Link to a Peaceful Mind     241
The Money Picture
Six Solutions to Funding a Second Home in Mexico     251
Central America Offers an Investment Alternative     265
Examining Tax Issues     271
Conclusion: Pondering the Exit: If You Buy, Will You Be Able to Sell?     285
Helpful Sources
Realtors Specializing in Central America     291
Embassies and Consulates     331
Index     339
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