If you are considering purchasing property in Mexico then it is suggested that you obtain the services of a professional law firm. It´s stressful enough to buy a home, and when you are a foreigner this process can be made much easier by hiring someone who understand the law and the steps involved in order to make sure your investment will be.
Below are some examples of what to expect when you hire an attorney:
- A Mexican lawyer can help you with business contacts. These include professionals such real estate agents and developers, health and home insurance providers, and accountants. In order to avoid a negative experience in Mexico proper representation is important. You have to make sure when purchasing real estate in Mexico that you receive the title of the property you purchased, otherwise you could find out after the sale that it did not belong to the seller. They may not have the permission to sell it, it could be non-transferable, or remain in a Mexican national´s name as an Ejido property
- A lawyer draws up your contract when you are purchasing a pre-construction development in order to protect you in case of any changes that occur during the construction phase. Any number of things can happen that either delay the completion or result in in the building not being completed at all.Â
- Property appraisal will be reviewed by your attorney in order to make sure that the title is free and clear of any hidden liens or other encumbrances against the property. They will also make  sure that transfer taxes are paid and the title is registered into the public record. The transfer of title must be registered otherwise it is as if the sale never took place and this will not be listed as your property. This will help you avoid paying extra capital gains or worse case never having the title of the property.
Now if you have any question about how to purchase property in Mexico or about any of the TOP MEXICO REAL ESTATE properties we have listed anywhere throughout Mexico, please feel free to contact any of our Top Mexico Buyer’s Representatives and we will be glad to help you find your very own piece of paradise.
And remember, here at TOP MEXICO REAL ESTATE…
We make it happen!
