Esteban Rada
Attorney Colombia
www. lawyerscolombia.com
email: info@lawyerscolombia.com- lawyerscolombia@gmail.com
tel 57-604-2682435
Colombia for foreign investors has become a popular place, not only because the climate, people and geography but also the services found in large cities are almost the same in terms of quality to the US standard.
When foreign investors decide to look and buy a property, I recommend that they pick up a good realtor, IN COLOMBIA at the moment there is NOT NEED OF A LICENSE to be a realtor, and that situation has created that many people are doing that business without the knowledge, the experience and worst no insurance or liability in case something goes wrong.
The first thing to do, when you decide to buy a property is to hire a lawyer to do a title search. Realtor sometimes says there is no need, notary says that he will do but legally they are not responsible for that service so at the end, client once has done all business and paid the prices finds that there is a big problem.
In my experience, a good title study and background search, could have saved years in court of litigation and fees or even worst, people never did the title study and then the US government found that a previous owner had criminal records and orders the seize of the property. The result is that property is now on the ownership of Colombian government and new owner has to start a process in criminal courts to proof he is innocent and to re store the ownership. Those types of cases can takes years and the destruction and lack of care of property affects the value and in the future, the case will be part of the history of the property and affect its value.
Because those reasons, my law firm offers in Colombia a title search and study to let the client be relief that there is not negative record of previous people involved in criminal records cases that may affect the property.
If you want to contact me for further information please do to
Esteban Rada
Attorney Colombia
www. lawyerscolombia.com
email: info@lawyerscolombia.com- lawyerscolombia@gmail.com
tel 57-604-2682435
