Closing Day
As you approach the closing date, there are a few important loose ends to tie up:
Final Walk-Through Inspection: This formality takes place just before or on the closing day. The buyer verifies that everything is in working order and that the property matches their previous viewings.
Cancellation of Home Services and Utilities: We provide a list of contacts to assist with terminating home services and utilities after the closing.
Being Prepared: Unexpected issues may arise even at this stage. Whether property items break down or the buyer’s loan experiences delays, we’re here to manage any challenges efficiently and with minimal stress.
The Closing:
When it comes to the closing, the closing agent will provide a settlement statement summarizing all financial transactions. The buyer(s) will sign this statement, and then you, as the seller, will also sign, along with the closing agent, certifying its accuracy. If, for any reason, you are unable to attend the scheduled closing, arrangements can be made based on the circumstances and notice that we receive. If you are set to receive funds from the transaction, you have the option to have them wired electronically to your financial institution account. It’s essential to coordinate with the closing agent to ensure a smooth transfer of property keys and any other crucial information to the new purchaser during the closing.
Our Commitment to You:
Our ultimate commitment remains steadfast: to guide your
Roatan Real Estate transaction through a straightforward and transparent process. We firmly believe that an informed client is a satisfied client. With a legacy dating back to our establishment in 1991, we take pride in the multitude of delighted clients who have chosen us as their preferred Real Estate Broker on the island.
Navigating Legal Matters:
While we do not provide legal advice, we have nurtured enduring relationships with the island’s most reputable legal firms specializing in Real Estate matters. Depending on your unique needs, we are pleased to offer recommendations for a legal partner ideally suited to your situation. Familiarizing yourself with common considerations faced by Foreign Investors is essential before committing to any agreements.
Closing Costs for Sellers:
For sellers, it’s crucial to understand the associated closing costs, including:
- Capital Gains Tax: As the seller, you are responsible for paying the Capital Gains Tax, currently set at 4%. This tax is calculated on the property’s increased value from the time of purchase to the time of sale and is payable to the Honduran Government.
- Real Estate Sales Commission: This fee covers compensation for both the Buyer’s Agent and the Seller’s Agent.
What Sets Us Apart:
In a field where not all Real Estate Brokers are created equal, we proudly highlight our unique attributes:
- A Time-Honored Legacy: As the oldest and most trusted firm on the island, we have consistently held the top-ranking position since our inception in 1991.
- Unmatched Record: We substantiate our claim with undeniable facts—no other Real Estate Broker on the island can boast of a comparable achievement. While some firms may tout higher sales figures, it’s crucial to recognize that these often encompass international transactions, whereas ours are solely Roatan-based.
- Transparent Practices: Our commitment extends to a level of transparency that sets us apart. We pledge never to manipulate numbers or inflate prices for initial attraction, only to disappoint later.
Strategic Property Promotion:
Effective property marketing is paramount, and our approach is meticulously crafted to resonate with potential buyers:
- Exclusive Property Promotion: We maintain our presence on the first page of Google, exclusively showcasing our listings to avoid overwhelming buyers with the entire Roatan MLS inventory. This focused approach gives your property a distinct advantage.
- Proficient Google Advertising & Promotions: Our proficiency in Google Ads and promotions is unparalleled. We excel in targeting potential buyers actively seeking properties, converting their interest into action.
- Prime Office Location: Strategically located in the heart of Roatan’s vibrant West End, our office enjoys a central position amidst the island’s bustling business activity and tourism. Here, we prominently feature our clients’ listings in our office windows.
- Strong Alliances, Partnerships & Networking: Our deep-rooted island connection has led to valuable marketing alliances with resorts, attractions, taxi services, and other stakeholders. Our distinguished reputation consistently precedes us, attracting a diverse audience to our listings.
Additional Benefits of Listing with Us:
- Prompt & Honest Feedback: Buyer feedback is crucial, and we promptly relay it to you. Our goal is to provide actionable recommendations to enhance your property’s appeal, supported by transparent communication.
- Optimized Pricing Strategy: With our extensive island-centric experience, we offer a pricing strategy that is realistic and aligned with current market conditions. You can trust us to avoid inflating prices for initial allure, only to disappoint later.
Our unwavering dedication ensures that your Roatan Real Estate experience is characterized by simplicity, profound insights, and ultimately, a satisfying outcome.
