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Language expectations would be useful as well. Local research and multi-party follow-up depend heavily on how communication is handled, so applicants should know which languages are needed for daily work and written documentation.

I work around the Lima property market and often see two assumptions cause confusion: that the asking price is the same as supported market value, and that financing approval guarantees a predictable completion date. Neither should be taken for granted. I’m opening this as a practical Q&A on...