Tag: Earnest money

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Is buying a house with bank financing and no money down possible?

Estimated Reading Time: 7 Minutes Can you possibly buy a house with bank or owner financing and no money down in Costa Rica? Is that possible? The short answer is no unless you do it illegally. And believe me, it happens. I recommend against it. If you are selling your house and a buyer or…

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Will I lose earnest money in escrow if I don’t close?

Estimated Reading Time: 7 Minutes Not very often buyers ask if they lose earnest money in escrow if they will not close on time. Most of the time, they have an agreement to back it up. You don’t want to lose part of your nest egg because you made the wrong decision. It’s horrible to…

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