Most important actions to consider when buying a real estate in Panama
• Request a Title Report• Get Feedback from Neighbors
• Request Surveys or Subdivision Maps of the Property
• Verify References from the Property Surveyor
• Evaluate Planning & Zoning issues
• Review Development Agreements
• Request Environmental Impact Studies
• Request Building permit & Certificate of Occupancy History
• Request & Submit Soils & Geological Studies
• Property Appraisal
• Conduct Home Inspection and Request Pest Control Reports
• Request Drawings and Specifications
• Request Homeowner's Association
• Familiarize yourself with the Mortgage Process
• Verify Reputation of builder, seller and real estate professionals involved
• Search for Real Estate Agents
• Drafting Promise to Purchase & Sale Agreement