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Mexico Real Estate Q & A – Are Mortgages in Mexico Available for Americans and Canadians?

September 14, 2011 BB Kits

Many Americans and Canadians have questions and doubts about financing a Mexico real estate purchase through a mortgage when they first undertake the process of buying property.  The following are some of the main questions which buyers ask about mortgages in Mexico with answers from professional sources.
Q. Is financing available for non-Mexicans buying property in [...]

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Mexico Retirement and Banking; The Advantages of Online Banking

July 27, 2011 BB Kits

One of the advantages that modernization has presented for Mexico retirement is that of online banking.  This advantage applies equally to managing your bank account back home from Mexico as it does to managing your Mexico bank account from back home when you’re not in Mexico.
The ease that this presents makes buying and owning Mexico [...]

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Mexico mortgage below 6% is that correct?

July 21, 2011 BB Kits

Mexico mortgages have been reducing slowly over the past several years.  Nearly five years ago, interest rates down in Mexico were above 12%, today it is completely different.  In the video interview below, we discuss several important issues for non-Mexicans wanting to take out a loan on their Mexico real estate purchase.

If you want to [...]

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Mexico Real Estate – Wire Transfers and the Purchasing Process

July 11, 2011 BB Kits

When buying Mexico real estate, and later on once you’re living in Mexico enjoying your new home, a concept you will want to be familiar with is making wire transfer for the purpose of payments and access to personal funds.
For example, if you buy a Playa del Carmen condo in the preconstruction phase, you may [...]

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Your Mexico Retirement and Banking; Making Wire Transfers

July 4, 2011 BB Kits

When planning your Mexico retirement, it’s important to have a clear plan of how to access your funds while in Mexico.  While at the beginning you will probably do best to rely on credit cards and debit withdrawals, at some point you will want to open a Mexican bank account, leaving the possibility of direct [...]

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Mexico Real Estate | Playa del Carmen Real Estate