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(NaturalNews) This is a special update for those individuals who are looking at buying land in Central or South America. It contains some very important information about avoiding scams when seeking property there (this information applies to anyone looking at information in Panama, Costa Rica, Peru, Mexico, etc.). I learned all of this in my travels there, and in talking with the many Americans, Canadians and British citizens who already live there (and who went through a lot of trouble to learn these lessons).
After sending the last e-mail about land in Ecuador, I received over 1,200 requests for more information about the particular community I was recommending in Ecuador. That e-mail was distributed very widely, and it ended up reaching many people who had already purchased property in Ecuador, including in Loja, Cuenca, Vilcabamba, Quito and even regions such as Esmeraldas. Some of these people offered warnings about how they were nearly ripped off by unscrupulous real estate agents, property developers and land owners.
In order to help NaturalNews readers avoid such property scams, I have compiled this list of the most common real estate scams in Central and South America, specifically covering Ecuador and Panama.
To put all this in perspective, let me reiterate that even though buyers need to watch out for these scams, there are many beautiful, productive and health-enhancing pieces of land available where you can pursue a natural, green-living lifestyle at relatively little cost. The land in South America is rich and abundant, the local labor prices are very affordable, government regulation is usually minimal, the cost to immigrate is very low, and a little bit of money goes a long, long way.
Truly, I believe that South America is far richer than North America in terms of its natural resources, environment, climate and even the health of its citizens (in most cases). If you follow my advice here and avoid these scams, I think you can find a very enjoyable piece of property in Ecuador (or elsewhere) and live a very high quality of life far from the high-stress lifestyles of North America or Europe.
So don't let these warnings discourage you from seeking out a nice place to buy, but do pay attention here so that you don't get ripped off by the various real estate scams you'll find operating in these countries. Also, if you decide to live in South America either part time or full time, please respect the local people and Mother Nature, and find ways to build a house in a small footprint, sustainable way. (I recommend building with compressed earth blocks, or "mud blocks" that are usually made by the locals. These result in some really nice adobe-style homes that are very much in tune with the Earth.)
Avoiding Real Estate Scams in EcuadorIf you are considering buying property, a vacation spot or a place to live in Central or South America, please read this carefully and pay attention. It is very easy for Americans, Canadians and other first-world citizens to get scammed in South America, because protections do not exist for land zoning, title insurance, real estate disclosure laws, etc.
Furthermore, don't trust the local Americans without checking them out first, because some of the local Americans see newly-arriving Americans as fresh meat Gringos with a pocket full of cash and very little local street sense. Some of these folks are going to rip you off if they get the chance, so don't let them get the chance!
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