US Financing

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    Angela Moreno
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    I was told that if I am looking to finance a property in Belize then I am better off requesting the funding from a financial institution within the US due to better rates. Any additional guidance on financing for real estate?

    #683024

    Hi Angela, great question! Most people have a hard time finding a US OR a Belize bank to finance property here. Most buyers use cash, an equity line, or will buy a property with seller financing. This last option is something you may want to check with your real estate agent; because of the difficulty getting financing this is becoming a very popular option for sellers and the terms can be negotiated. This allows you to buy in for a negotiable down payment and make monthly payments on your terms. There are many lawyers in Belize who can set this up and your real estate agent usually recommends a trusted lawyer. Thanks and best of luck!

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