Absolutely! Not everyone can afford to pay cash for Puerto Vallarta real estate. Fortunately for the rest of us, financing here is readily available. With the turmoil currently being experienced in the US Real Estate market, this is great news for us! Although rates and fees are slightly higher than in the US, you … [Read more...] about Can I finance my Puerto Vallart Real Estate Purchase?
Should I give the seller money to hold my Puerto Vallarta beachfront condo?
No way Jose! No matter if you are buying a Puerto Vallarta beachfront condo, a home in Mexico, or whatever type of property. Don't leave money with the seller. We have an old saying in our Puerto Vallarta real estate office, it is: “Don’t leave your brains at the border!†Now Joe, if you were going to buy … [Read more...] about Should I give the seller money to hold my Puerto Vallarta beachfront condo?
What is AMPI in the Puerto Vallarta real estate market?
AMPI is the Mexican Association of Real Estate Professionals. Dedicated to raising professional standards and protecting private property rights, this organization was formed over 50 years ago and currently has a membership of over 1,000 companies and 10,000 professionals. In the Puerto Vallarta real estate region, … [Read more...] about What is AMPI in the Puerto Vallarta real estate market?
What is ejido land?
Ejido land is communal land that was passed down to peasant communities after the Mexican Revolution. It is typically agricultural type land and is akin to Indian Reservation land in the United States. In the Mexico real estate region, Ejido properties are off limits to the foreign community, despite the fact that … [Read more...] about What is ejido land?
PUERTO VALLARTA REAL ESTATE MARKET UPDATE
We have seen a strong increase in sales in the Puerto Vallarta real estate market in the past several months. The malaise of last year’s “swine flu†debacle is now just a bad memory as the market returns to a state of normalcy.  One well respected and experienced Puerto Vallarta real estate agent has reported … [Read more...] about PUERTO VALLARTA REAL ESTATE MARKET UPDATE
What things should we check on the walkthrough of our new condominium in Puerto Vallarta?
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†… [Read more...] about What things should we check on the walkthrough of our new condominium in Puerto Vallarta?
What are my selling costs on Real Estate in Puerto Vallarta?
During the closing process of real estate in Puerto Vallarta, you must pass your title free and clear of any liens or encumbrances. Prior to the closing, the Notario will order a no liens certificate from the Mexico Public Registry. Therefore, you will need to pay all utility bills up to the closing date. You … [Read more...] about What are my selling costs on Real Estate in Puerto Vallarta?
What is the role of a Notario Publico in Puerto Vallarta Real Estate?
There are profound differences between a Notary public in the US and the Notario Publico in Mexico. In the US, the public Notary might be a bank clerk, secretary at the office, or practice any other occupation. In Mexico real estate, the Notario Publico must have a law degree, verifiable experience, pass a rigorous … [Read more...] about What is the role of a Notario Publico in Puerto Vallarta Real Estate?