In a couple of posts before, we have discussed several of the steps during a normal process of buying real estate in Mexico. Starting with interviewing and selecting a Mexico realtor that can best represent you during a real estate transaction and to help you put together a list of qualifying properties. During … [Read more...] about How to Buy Real Estate in Mexico: Selecting Your Property Options
Mexico Purchasing Process
Mexico Real Estate Closing Advice and Role of the Closing Agent
Every transfer of Mexico real estate property MUST, by law, be made before a Mexican notary public. The Mexican notary public is required to have a degree in law. He must have a minimum of five years of legal practice, pass a rigorous examination and then be appointed by the governor of the state in which he/she … [Read more...] about Mexico Real Estate Closing Advice and Role of the Closing Agent
Should I give the seller money to hold my Puerto Vallarta beachfront condo?
No way Jose! No matter if you are buying a Puerto Vallarta beachfront condo, a home in Mexico, or whatever type of property. Don't leave money with the seller. We have an old saying in our Puerto Vallarta real estate office, it is: “Don’t leave your brains at the border!†Now Joe, if you were going to buy … [Read more...] about Should I give the seller money to hold my Puerto Vallarta beachfront condo?
What things should we check on the walkthrough of our new condominium in Puerto Vallarta?
I have been working in the Puerto Vallarta real estate market for several years and from my experience the first thing is to ask the developer’s representative to accompany you on a “walkthrough†inspection of your new home in Puerto Vallarta. During this inspection you want to make a written “punch list†… [Read more...] about What things should we check on the walkthrough of our new condominium in Puerto Vallarta?
What is the role of a Notario Publico in Puerto Vallarta Real Estate?
There are profound differences between a Notary public in the US and the Notario Publico in Mexico. In the US, the public Notary might be a bank clerk, secretary at the office, or practice any other occupation. In Mexico real estate, the Notario Publico must have a law degree, verifiable experience, pass a rigorous … [Read more...] about What is the role of a Notario Publico in Puerto Vallarta Real Estate?
What to WATCH OUT for in a Mexico Real Estate Contract when Purchasing Mexican Properties; Tips from a Panel of Experts
For your Mexico Real Estate purchase, the promissory contract is a legal document of very high importance. When negotiating this contract, it is important to make sure the contract includes all the elements that make it legal, that it includes conditions in your favour, and that it does not include conditions which … [Read more...] about What to WATCH OUT for in a Mexico Real Estate Contract when Purchasing Mexican Properties; Tips from a Panel of Experts
Top 5 Most Common Mistakes Made By Non-Mexicans When Buying Property In Mexico
Mexico Real Estate offers many great opportunities. However, because of the fact that laws and processes are different here in Mexico, many non-Mexican buyers make costly errors because they don't take the time find the information they need first. In some cases when buying Mexico homes, the new buyers even make … [Read more...] about Top 5 Most Common Mistakes Made By Non-Mexicans When Buying Property In Mexico
How To Buy Real Estate in Mexico…Safely!
Buying Mexico Real Estate can be an exciting experience, and one of the most important decisions you will make. For this reason it is very important to know the ins and outs of buying real estate in Mexico, being familiar with the laws and the processes. A key factor to consider is that in Mexico, the law does not … [Read more...] about How To Buy Real Estate in Mexico…Safely!