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What’s involved in purchasing? |
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 Purchasing a home or other property here is not much different
to what you are probably accustomed to. Once a price is agreed a purchase and
sale agreement is prepared, describing the property, price and terms, and any
other conditions. A 10% deposit is generally paid under the terms of the sales
contract to the seller’s attorney and is held in escrow until closing, which is
usually within 30 days. At closing, executed land transfer forms are provided by
the seller to the purchaser in exchange for payment of the balance of the
purchase price. Original signatures are required and signing must be witnessed
and signed by a notary with his/her stamp affixed.
Purchasing property offshore in the Turks & Caicos Islands is simple, enjoyable,
and potentially extremely financially rewarding. Whether it is the right choice
for you depends on your objectives, expectations and budget. If you take the
decision to find out more about real estate related investment opportunities
call one of our experienced brokers for a private consultation.
TURKS & CAICOS PROPERTY, LTD.
© 2006
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