Buying Land in the Bahamas • What Your Lawyer Doesn't Tell You

Buying Land in the Bahamas • What Your Lawyer Doesn't Tell You

We have bought a few houses over the years. Shannon has been a loan officer for about 10 years. So, while we aren’t experts by any stretch of the imagination, we know a little about real estate sales. Well, in the U.S. We basically learned an entirely new process when purchasing in The Bahamas.

• Search the web for properties

• Find a real estate agent you trust

• Acquire a lawyer you can trust even more

• Place an offer - these are more casual than our U.S. experience and didn’t require anything signed

• Go back and forth a couple of times with bids

Once accepted, plan to wait months to get documentation (Our case took a bit longer because both the buyer (us) and the seller were U.S. citizens. So, the seller’s paperwork took a bit longer than in The Bahamas (maybe) and there was a mistake on their end with the paperwork which extended the sale by may a month. Then, as you’ll see in the video, we had our own mistake. We waiting seven months to “close” on the property.

We really wish there was a check sheet that our lawyer could have provided us.