Getting dollars into Argentina to purchase real estate

[Neirobiologist]

When I purchased the apartment in which I had been living for three years, the payment was easy. The seller lived in New Jersey, so I processed a transfer from my Massachusetts account to her New Jersey account before closing day. The seller confirmed the money was in her account at closing. My escribana had the documents prepared and I paid her fee in pesos. The entire transaction took no more than fifteen minutes.

If you are fortunate to find a property owner with a US bank account, the process is simplified.

Tell me please, what is the insurance document, that garantees you that after the seller gets the money on bank in USA, than the seller will sign the contract in Argentina? What if you send money and smth would happend to this transaction?

 

[lunar]

Tell me please, what is the insurance document, that garantees you that after the seller gets the money on bank in USA, than the seller will sign the contract in Argentina? What if you send money and smth would happend to this transaction?

This transaction is not secured in any way, and wire transfers cannot be reversed. I assume that the escribano will not finalize the deal unless a mutual agreement is reached. If the seller decides to back out after the transfer, it will greatly complicate things.

 

[jantango]

What if?????? When it's right, everything falls into place. As of today, I've been living in the apartment for 21 years.