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Old 03-09-2008, 09:35 AM
ArubaAdventurer
Junior Member
 
Join Date: Mar 2008
Posts: 9
Question Finance Options for Piece of Paradise

Hi everyone, new to the forum, but have been to Aruba multiple times and love it! Might like to consider selling timeshares and buying a condo, but on my last trip I learned that one would normally need to put 50% down and finance the rest over 10 - 15 years; quite different from the lower down payment, 30 year mortgages in the US. Not sure if this is the right place to ask (thought I had seen a Buying A House in Aruba page in the past, but now can't find it) - but does anyone have any advice on finance options for buying a place in Aruba? It seems a number of people on this forum own houses in Aruba, and just wanted to find out how people did the financing, and if they dealt with local banks how difficult/easy it was. Any advice would be great. Thanks in advance.
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