Purchasing Property in Mexico: Part 4 In this entry about purchasing property in Mexico you will learn about the promissory contract and the purchase sales contract. Everything you need to know about both, when to use them, how they work and what role they play when buying real estate in Mexico is right below. What […]
Yesterday I offered a brief overview of some of the first key steps in the process of building a home in Mexico. Today’s post offers a closer overview of an all-important topic – permits. Permits One of the most important early items will be the permits. As one builder puts it, the only permit needed […]
Mexico home owners in Cancun and nearby areas are now going to benefit from new U.S. consular services available in this city. While limited service have already been available, a new consular agency will expand on these, making life for Americans owning Cancun real estate easier. The new Consular Agency was opened in early November, […]
When buying real estate in Mexico you can focus all your time on the purchasing process and sometimes forget that you are moving to a different country and will need a visa. For most of us coming and living in Mexico for a few weeks doesn’t cause any problems and you can get in with […]
Selling a property here is a complicated business and mistakes can be costly and must be avoided.
As Beneficiary, you have the same rights, use and enjoyment as a Mexican National,
Mexico real estate is regulated by several government bodies one of which is the Agrarian Minsitry (Secretaria de la Reforma Agraria) who published an official notification in the Mexican Official Gazette whereby the Agrarian Ministry commenced the delimitation and measurement of approximately 450 thousand hectares of national territories located in the Tulum Real Estate zone within the […]
THE MEXICO REAL ESTATE BUYING PROCESS PART II (Fideicomiso or FOMC) This is a continuation of my previous post- Buying in The Yucatan Real Estate Market While touring Yucatan properties with your agent, you will want to engage in a conversation about Fideicomisos and FOMC (Foreign Owned Mexican Corporations) to determine which is the best […]