Monday - Saturday
The local credit market continues to contract, making it almost impossible to obtain a traditional mortgage in Puerto Rico.
Since state-side banks can not issue mortgages in Puerto Rico - local banks are demanding documentation, verification, terms and closing costs that many off-shore investors find incredible.
Essentially the mortgage-based real estate market is FROZEN.
While this is bad news for sellers - it can be a once-in-a-lifetime opportunity for buyers who we can match with motivated sellers who are willing to sell at current depressed prices.
Investors able to negotiate ALL-CASH closings have the strongest negotiating position in decades.
Ready to consider an ALL CASH investment in Puerto Rico?
If you need a broker in San Juan, PR - call 787-455-4216
Our real estate broker office is located in San Juan's SANTURCE Arts District near Ciudadela, Lote 23 & Cobian's Plaza.
Office hours are Monday - Saturday from 9am - 7pm. (by appointment only).