Today we look at Escrow services and how they help buyers purchase property safely and securely. In order to get a better understanding of how escrows work I spoke with Ivan Castillo, a Mexico Real Estate Attorney who is currently the Regional Manager for Stewart Title – Latin America Division in Mexico. Stewart … [Read more...] about What Are Escrow Services?
Stewart Title Riviera Maya
Stewart Title Latin America is a company out of the U.S. that´s been in the U.S. market for about 130 years and 20 years in Mexico. Ivan Castillo has been managing the Riviera Maya office for the past 11 years and he took the time to speak to me about the 3 main services that they provide to customers who are … [Read more...] about Stewart Title Riviera Maya
The Bank Trust
No foreigner can acquire land directly in Mexico. It is something that is mentioned in the Mexican constitution. So what is the way for foreigners to acquire land? In this region in particular we call it restricted zone. It´s an area of land that comes from the ocean in 50 km, from the borders in 100km, so wittin that … [Read more...] about The Bank Trust
The Promissory Agreement
During a real estate transaction you can divide the transaction in to multiple sections. The pre-closing is the moment where the buyer determines what is the property they wish to buy. Based on the same they will make an offer. And that offer will contain certain terms and conditions that the general buyer wants from … [Read more...] about The Promissory Agreement
US Dollar Makes History by Reaching 18 Pesos
The United States has made history by passing 18 pesos for first time ever.  According to Notimex, on Wednesday Jan. 6 the dollar was selling at 18.10 pesos at the International Airport of Mexico City exchange houses. There are many reasons for this sudden surge, including the effect of low oil prices and concerns … [Read more...] about US Dollar Makes History by Reaching 18 Pesos
Encanto Este: Where Dreams Become Reality
There is one place on this planet where dreams become reality: the Riviera Maya. More specifically, Tulum. This serene, eco-friendly town is the epitome of beauty. Tulum is unassuming, undiscovered, and is not pretentious. On the contrary, this beach town is rich, plentiful and lively. Words are not enough to describe … [Read more...] about Encanto Este: Where Dreams Become Reality
Our Holiday Raffle Winner Has Been Announced!
Happy New Year! The Holiday Season is now over and many people in the northern hemisphere are preparing to dig in for another cold Winter. However, for one lucky person whose name was drawn yesterday, he will be jumping on a plane soon to join us here in the Riviera Maya as the winner of a free 7-day real estate … [Read more...] about Our Holiday Raffle Winner Has Been Announced!
Vivo Resorts: The Pacific Coast’s Charm
When foreigners think of Mexico they immediately think of the Riviera Maya or Puerto Vallarta – two of the most gorgeous destinations in the country. However, the beautiful Pacific coast boasts beautiful hidden gems that many people are unaware of. In the state of Oaxaca, home to some of the most delicious gastronomy … [Read more...] about Vivo Resorts: The Pacific Coast’s Charm