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prima:Is it easier to buy a property with cash?

The president of Rendón Mortgage Bankers answers the most frequently asked questions about the process of buying and selling properties in Puerto Rico

July 1, 2024 - 5:05 PM

Updated At

Updated on July 1, 2024 - 5:05 PM

Nanette Rendón explained that a person who is going to buy a property should multiply the price by 3.5% to get an idea of the money they must have in hand to qualify. (Suministrada)

The real estate market in Puerto Rico has changed significantly in recent times. For some time now, it is a market that favors sellers, according to real estate expert Nanette Rendón, who said that buyers must begin to educate themselves about the properties -and opportunities- available in the market in order to better navigate it.

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