FAQ
FAQ
Frequently Asked Questions
Am I Ready to Be a Homeowner?
Becoming a homeowner requires financial stability, a steady income, and the ability to cover a down payment, mortgage payments, property taxes, and maintenance costs. If you’re ready to invest in a long-term property and build equity, homeownership might be the right step for you.
Is Renting or Buying Better?
Renting offers flexibility and lower upfront costs, while buying allows you to build equity and invest in your future. The best choice depends on your financial situation, long-term goals, and market conditions. Our experts can help you determine which option suits your needs
I am a foreigner can I buy a property in Dominican Republic?
Yes, as a foreigner, you can absolutely buy property in the Dominican Republic; there are no restrictions on foreign ownership of real estate in the country, meaning you can purchase property just like a Dominican citizen. And our ISI Immeubles team would be able to support you until the keys are handed over, whether in English, French, Spanish and also in Creole.
What Do I Look for in Homes?
When searching for a home, consider location, budget, size, layout, condition, resale value, and neighborhood amenities. Prioritize features that align with your lifestyle and long-term plans. Our agents can help you find a property that checks all your boxes.
Do I Need a Home Warranty?
A home warranty is optional but can provide peace of mind by covering repair or replacement costs for major appliances and systems. It’s especially useful for older homes or buyers who want extra protection against unexpected expenses.
What Should I Expect at Closing?
Closing is the final step in the home-buying process. You’ll review and sign documents, pay closing costs, and officially take ownership of the property. Our team will guide you through the process to ensure a smooth and stress-free closing experience.
What Is Pre-approval?
Pre-approval is a lender’s confirmation of how much money you qualify for based on your financial situation. It strengthens your buying power and shows sellers that you are a serious buyer. Getting pre-approved before house hunting is highly recommended.
Am I Ready to Rent?
If you have a stable income, a good credit history, and can afford rent along with additional costs like utilities and security deposits, you are likely ready to rent. Make sure to evaluate lease terms and location before making a decision
What Should I Offer?
Your offer should be based on market value, the condition of the property, and comparable sales in the area. Our real estate experts will help you determine a competitive yet reasonable offer to increase your chances of securing your desired property.
Can I Ask You for Advice?
Absolutely! At ISI Inmuebles, we are here to guide you through every step of the real estate process. Whether you have questions about buying, selling, or renting, our experienced agents are ready to provide expert advice tailored to your needs.
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