Are you looking to build your own dream home, or simply find a great vacation home in Aruba? No matter what you’re looking for, our expert team at RE/MAX Aruba can help you invest in Aruba.
As one of the leading real estate companies in the world, our personalized services are tailor-made to produce results. We work closely with our clients to help make their dreams come true on our Happy Island.
If you’re looking to invest in real estate in Aruba, you’re in the right place. Here you will find valuable information about what to expect from the buying process and the benefits of investing in a Caribbean paradise.
In order to provide you with the highest level of personalized service possible, it’s best to get to know your needs and desires first. Finding yourself a home or piece of property is an incredibly important decision, so ensuring that we know exactly what you need helps us locate the perfect listing for you.
Introductions with a RE/MAX Aruba real estate agent can be made through email, phone, video chat, or even in person and will outline your budget, wishlist, financing options, and timeline for buying.
Our goal is to find you the perfect home or property in Aruba, but it is not always easy. Navigating the Aruba real estate market is complicated, which is why we want to ensure that we can help you throughout the entire process.
Signing a buyer representation agreement means that we represent you as your broker, allowing us to search for homes, contact buyers, and propose offers on your behalf. It also allows us to invest in your home search by protecting our brokerage rights.
Perhaps the most exciting step, here you will work with a RE/MAX real estate agent in Aruba to locate homes and other properties for sale. Using your wishlist from our introduction, we will use our vast resources to scour the island for the right listing that ticks off all of the boxes. This can take some time, but it’s worth doing it right!
You can’t buy a dream home without knowing what it looks like, which is why viewings are a crucial part of the buying process. Once we’ve found a property that you’re seriously interested in, we will coordinate with the seller to arrange a viewing for you. Here you can visit the property in person to walk through and visualize your future inside it.
If you can’t make it yourself, we can also go on your behalf while providing high-quality pictures, videos, and even drone shots to give you a firsthand view without having to visit.
Even if you found a property you love, you may not love the price. As a buyer, you can use negotiations to get a lower price, address any problems that need fixing before you move in, or set timeframes for when you can move in. Also keeping in mind buyer costs which consist of the total of 6% of the tax value or purchase price of the property (usually the highest amount is chosen) plus 2% of the notary fees
Your RE/MAX Aruba agent can advise you on fair market value and what shortcomings the property has, helping to protect you from a bad deal or overpaying.
As a buyer, it is also important to be aware of buyer costs. These costs consist of a total of 6% of the tax value or purchase price of the property (usually the highest amount is chosen), added to 2% of notary fees. Note that the former is based on cash purchases. With regard to financial assistance, buyer costs include a total of 6% of the tax value or purchase price of the property (usually the highest amount is chosen), 2% of notary fees plus mortgage costs (percentages subject to chosen bank).
After all the details of the deal have been agreed upon personally, they need to be legally agreed upon. A purchase agreement puts the deal in writing, outlining the specifics of the transaction to be agreed on by both the buyer and seller. Any negotiations made will be reflected, and upon signing the document, both parties are obligated to complete the deal as long as all terms are met.
To finalize the transaction and have it recognized by Aruba, a Notary office gets involved to file the necessary paperwork to close the deal. This includes title research, escrowing the down payment and final payment, and preparing the deed for transfer.
After 2-3 months of closing, final closing commences, the deed and payment are transferred, and the deal is complete. Congratulations on your purchase!
Experience the RE/MAX Aruba Difference
Purchasing in Aruba is made easy thanks to the expert team at RE/MAX Aruba. No matter what type of property you are looking for, we’ll help you find it.
If you have any additional questions about the buying process here in Aruba, you can call us at +297 586 4900 or email us at firstname.lastname@example.org. We will be happy to assist you!