7Steps for first time buyers in Mexico

The first time you buy a home in Mexico, there are plenty of factors to consider:

  • Where should I buy?
  • What will life be like in a new country?
  • How much should I expect to spend?
  • etc. etc.

TOPMExicoRealEstate has outlined 7 easy steps to make your dream of living in Mexico a reality.

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1. Lights on! Get info!

Don’t get stuck in the dark! Make sure you know the ins and outs of buying real estate in Mexico. Also, make sure you get familiar the different areas available and the style of each one, so you can make the best decision about where to live out your dream!

2. Get to Know Your City

After you’ve identified the area where you want to look for your dream home, you’ll want to explore what’s available in your area, and what suits your needs best. What are common styles in the area? What are the going prices? How can you get a cheaper price? The good news is that you can do all of this online.

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3. Make Your Property Wish List

Now it’s time to focus your search and get specific info about buying your dream property. You will need to identify your purpose - are you buying for investment? Vacationing? Retirement? Combination? To help evaluate your budget, explore financing options. Send your preferences to an experienced agent who will help you evaluate your criteria and begin your property search.

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4. Don’t Do it Yourself – Work with a Pro!

Remember that your agent is a pro, has experience, and will be your “insider.” They will guide you through the search and buying process, safely. Tell them about your dream property, and find out what they think. Get tips and advice specific for your situation. Keep in close communication by email, phone or chat.

5. Let the Pro Do Your Work

You’ve found the right agent. Let them do their magic; don’t just let them do their work, let them do some of your work. Let them make suggestions, and consider items that weren’t in your original scheme. Don’t be afraid to ask for more info or for something different if you don’t see what you want.

6. Come to Mexico, See the Properties!

Now comes the exciting part – planning the trip to go visit some of these properties in person! This will lead to discovering and selecting your dream home. Your agent will be key in organizing the viewings and helping you plan your trip. Again, don’t hesitate to ask any question you may have!

7. Make Your Dream Reality

Once you have chosen your home, your dream will become reality, and you will be the proud owner of your new home in Mexico! Your broker’s know-how will play an important role taking your through the steps and contracts of the offer and closing process.