$300K Neighborhoods in RINCON Puerto Rico? [Part 5]

Learn about buying or selling real estate in Rincon Puerto Rico as we drive through this charming, beachside surf town.

Real estate broker Wil Leammon tours us through downtown Rincon, past Balneario Rincon, Steps Beach, Domes Beach, and Puntas Rincon, pointing out properties for sale, properties sold including home prices, and issues around land development in the area.

We'll talk about the Rincon and Puntas home price premium, whether or not making lowball offers is a viable strategy, what's required to find a good home to buy, how to protect yourself when paying cash for a house, the importance of a good attorney, the purchase process, getting inspections, title insurance, getting prequalified for a loan, and what to look for when selecting a lender or Realtor to work with on the island.

We'll also discuss how new the regulated real estate industry is in Puerto Rico and how that may affect client service as professionals adapt to ongoing change.

And we talk about everyday life on the island, along with the importance of newcomers resetting expectations when they arrive if they expect to thrive.

This is the fifth in a series of videos exploring real estate on the northwest side of the island, including Isabela, Aguadilla, Aguada, and Rincon.

And don't miss our San Juan series of videos, where we explore the top, up-and-coming neighborhoods, including Calle Loiza, Ocean Park, Isla Verde, Santurce, El Gandul, Tres Talleres, and Guaynabo.

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--------------📝 NOTES --------------

Opinions on this channel are from our own experiences buying and selling property in the US and Puerto Rico and are for information/entertainment purposes only. Consult local professionals for serious inquiries about investing in real estate. If you allow us to introduce you to a local real estate agent and you later close a deal with them, they will pay us a referral fee, which helps support the channel. We receive nothing for introducing you to lenders or attorneys, other than good karma... :)

#rincon #puertorico #realestate