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Mdcf5

Mdcf5

New member

American looking for information about Dominican Republic

Forum posts

8

About me

American

Registration: 15 December 2023

Activity

Mdcf5 created a thread
last year

Residency?

Hi, we recently bought a property down there and would like to live down there part or full time, what is the most common way to get residency in this situation? We are talking to a lawyer, but it seems really confusing and I know there is a lot of ... Read More

Mdcf5 replied to a thread
last year
Priscilla

Bank loans in Dominican Republic by Priscilla

Hello, Finances and banking can sometimes be a headache for many expats, especially when it comes to taking out bank loans. Is it difficult for an expat to get approved for a bank loan in Dominican Republic? What are the types of bank loans ...

Mdcf5

@planner Ummm, I am really confused. I have NO idea what I said that was passive agressive you are referring to? Someone had told me that the pre-approval means nothing from Scotia and they usually always deny you on the actual application, so I was ... Read More

Mdcf5 replied to a thread
last year
Priscilla

Bank loans in Dominican Republic by Priscilla

Hello, Finances and banking can sometimes be a headache for many expats, especially when it comes to taking out bank loans. Is it difficult for an expat to get approved for a bank loan in Dominican Republic? What are the types of bank loans ...

Mdcf5

@planner We just got pre approved with Soctia and are looikng to buy a house, does that mean anything, or is it still unlikely they would approve an actual application? Thanks Read More

Mdcf5 replied to a thread
last year
Mdcf5

Any info would be great! by Mdcf5

Hi, We are in the process of buying a house in DR and am being told by our realtor that the 10% deposits are normally non refundable and we are reading different online as we wanted a financing contingency as well as the inspection contingency just ...

Mdcf5

Also, does this apply to only new builds or resale ? Read More

Mdcf5 replied to a thread
last year
MyGenieintheBottle

advice on the buying a home by MyGenieintheBottle

Hello to everyone! Thank you for this great forum, it is so needed! I travel to DR a few times a year and now I am buying a home there and wanted advice on the buying process there. The owner accepted my offer, but only wanted me to fund the ...

Mdcf5

@UncleBuckThank you! We are buying down in Sosua now and backed out of an offer because they would not accept a financing contingency clause that gave us 80% of our deposit back if our funding fell thru. Do you have any suggestions for realtors and ... Read More

Mdcf5 created a thread
last year

Any info would be great!

Hi, We are in the process of buying a house in DR and am being told by our realtor that the 10% deposits are normally non refundable and we are reading different online as we wanted a financing contingency as well as the inspection contingency just ... Read More

Mdcf5 replied to a thread
last year
ÍæÅ¼½ã½ãlife4us

renting/buying in Casa Linda and Sosua Ocean Village by ÍæÅ¼½ã½ãlife4us

I was wondering if anyone on this chat had any experience either renting or buying in Casa Linda or Sosua Ocean Village, or just information you may have heard about either of those developments. We have toured both and they both seem very nice.

Mdcf5

@ÍæÅ¼½ã½ãlife4usDo you like it in SOV? Read More