Perhaps you are like me 17 years ago and have read of other’s adventures in Mexico. Or maybe, you have experienced them yourself for a few days at a time or weeks. But now, the time has come. You have now decided to take the plunge and purchase San Miguel Allende real estate.
Mexico real estate industry has come a long way from Tony Cohan’s tale described in his late 1980’s book, “On Mexican Time.” He then explained that he needed to travel to Mexico with 60,000 USD in a paper bag to purchase a property.
Today, transactions are more sophisticated. Most foreigners use escrow companies or bank trust and have minimal risk compared to my first real estate transactions in 2006.
However, the best advice I can give any first-time buyer is to work with a professional agency. Also, to make sure the agency has a proven track record, are updated on the current laws, and can make sure your interests are protected. Working with the right agency will eliminate any risk of a bad transaction.
Buying San Miguel Allende real estate is a fairly straightforward process. This is due to the several laws, rules, and regal procedures which govern the process. However, you will end up with a more pleasurable experience if you work with a reputable agency. A professional real estate company will be up-to-date on the current procedures. They will also know who’s assistance to seek each potential problem.
A few times a year, a client comes into our office seeking help to correct a problem. But unfortunately, once you sign papers, there are only a few options to correct a bad contract or situation. Every year it happens less frequently, but still, a few people fall on it.
Realty San Miguel has helped more than 1,500 people successfully navigate the buying process in San Miguel Allende, and we would be honored to help you.
