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 is a promissory contract? One of the most important … [Read more...] about Purchasing Property in Mexico: Promissory & Purchase Sales Contract
Mexico predelivery inspection
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” of any damaged or missing items and note any repairs that are … [Read more...] about What things should we check on the walkthrough of our new condominium in Puerto Vallarta?
The Mexico real estate industry is faced with many twists and turns that are not normally experienced in property transfers within our own home countriesFor example, it is common in some operations in the Yucatan real estate market the need to rectify property measurements If this occurs, this means most likely, that there is going to be a delay in the Mexico real estate … [Read more...] about Yucatan Real Estate; Rectifying the property measurements
Last week I received several questions regarding the availability or the types of windows that are available here in Mexico for residential homes Ten years ago and more, the options for glass types were quite reduced Today, the variety and combinations of glass here in Mexico may reach near 100 The glass that is now available in Mexico, in its combinations, is used for … [Read more...] about What type of Windows are Available for Mexico Homes
In my years of working in Mexico, I have dealt and representated various real estate investors who have made returns of 35% - 50% on their Mexico ventures and several of these within 12 month time periods! The Mexico Real Estate industry is a new developing market with amazing potential. The segments leading the area for ROI include the preconstruction residential investments … [Read more...] about Mexico Preconstruction Condos Dos and Dont’s