Your Step-by-Step Guide to Investing in the Dominican Republic
 

While the homebuying process may seem daunting, here’s what you need to know: The Agency Dominican Republic has your back. We will be with you every step of the way, providing invaluable support and guidance to make the transaction as smooth and seamless as possible. And yes, that’s entirely possible.

Determine Your Budget.

Before you start looking for a property, calculate your budget based on your income, expenses, existing debts, down payment, and closing costs.

Assess Your Financing Requirements.

Decide how you will finance the purchase, whether through cash, a mortgage, or a combination of both. Get pre-approved for a mortgage and consider local Dominican banks or banks in your country.

Find a Reliable Agent You Can Trust.

Work with an experienced local real estate agent who understands your needs and preferences. Our agents at The Agency have years of experience and offer a personalized approach.

Hire a Real Estate Lawyer.

Employ a Dominican lawyer who specializes in real estate law to provide legal advice, review contracts and titles, and protect your interests throughout the buying process. 

Find Dream Home.

Work exclusively with one of our agents to organize viewings and review listings. When you're ready, we'll make an offer, negotiate any terms, and have your offer accepted. 

Conduct Due Diligence.

Once all supporting documents are submitted, the lawyers will perform thorough due diligence to identify any issues and assure everything is ready prior to closing.

Prepare for Closing.

We will review all of the closing documents provided by the lawyers, confirm a time for closing, schedule a final walkthrough, and help you prepare all of the necessary funds for the closing.

Close the Sale.

Attend the closing meeting or your POA to sign legal documents & transfer the ownership of the property. Pay all the closing costs including—insurance, taxes, attorney fees, & any additional balances.

Make Yourself at Home!

With the support of your agent, coordinate with the service providers for utilities. Plus, explore the neighborhood and get involved in your new community.

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