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Denise Rivera Agent Photo
Denise
Rivera
C. (787) 967-1957
 P. (787) 468-1250
 License #: V3830
 Phone Denise
RE/MAX Island Homes LLC
 Villa Marina 5, Fajardo PR 00738

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Search for Real Estate in and around Puerto Rico

Residential

The first step to enter into a real estate transaction in Puerto Rico is to understand the process of buying real property in this jurisdiction. It is important to be represented by a licensed real estate professional to guide you in every step of the process.
 
You may purchase property individually or by setting up a legal entity such as a limited liability company or a corporation.
 
Identifying your property
Once you have identified the property you are interested in, our first step will be to submit a written offer on your behalf. Typically the offer is a one-page document outlining the price and any specific conditions the purchaser may have. Once the seller receives and once offer is accepted between both seller and purchaser, a formal Purchase and Sale Contract is issued for review and signature.
 
A standard Purchase and Sales Contract or 'Option' Contract if you are obtaining bank financing, will include the complete terms agreed upon by both parties, as well as the agreed upon closing date.
 
Offer and Contract
With your signature of the Purchase and Sale Contract or Option Contract, you will be asked to provide a good faith deposit. The typical rule of thumb is 10% of the purchase price and this will secure the contract until closing, taking the property off the market until contingencies are met. Escrow agents in Puerto Rico are in most cases the seller's agent and are required by law to have a non-interest bearing escrow account, for such purposes.
 
Notary and Closing
In Puerto Rico, public deeds for the purchase and sale of real property must be prepared by a Notary and executed by the parties before the Notary. A Notary (not to be confused with a Notary Public as referred to on the US mainland) is an attorney at law licensed by the government of Puerto Rico specializing in real estate matters and who possesses the power to clear title and register the deed among other things. Puerto Rico Notarial Law imposes the obligation on the Notary to authorize only valid and recordable titles.
 
A typical transaction time may vary, but if extra time is needed due to process, the Notary will issue a time extension, in order to satisfy all requirements necessary to close.

With our full-service plan, we handle the sale of your property from start to finish, listing the property, marketing it and following up until closing. This plan includes the following:
  • Comparable Market Analysis and Pre-Listing Advice to assure your property is most marketable.
  • Assistance in acquiring Tax Value Certificate, Tax Debt Certificate & Ley 7 Certificate.
  • Your property is listed on the Multiple Listing Service (MLS).
  • Your property is listed on our website
  • Your property is listed on every website the MLS uploads their data to various portals which include; Realtor, Point2Homes, Zillow, and in other paid portals like ClasificadosOnline.com.
  • Effective Social Media Campaigns on TikTok, Facebook, Instagram and YouTube. 
  • We provide photos, videos and 360 virtual tours.
  • We provide digital and print marketing materials.
  • We market to our network of local and internationally based Agents.
  • We provide proactive weekly feedback to sellers regarding all showings and marketing activities.
  • We will handle all calls and inquiries about your property and follow up as needed, making sure only qualified clients visit your home.
  • Coordinate Inspections & Appraisals
  • Contract Negotiation and Closing Coordination.

Denise’s background is in sales and financing, having spent over 20 years in the automobile industry. In the course of her career, she has perfected her customer service skills to create more individualized, positive customer experiences. She understands that great interactions begin with knowing your customer's wants and needs. Denise enjoys spending her free time exploring Puerto Rico and is available to show properties throughout the island.

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