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Mexico Closing costs

Canadians Living in Mexico: Facts About Buying a Property

Filed Under: Mexico Buyers Agent, Mexico Closing costs, Mexico Condo Hotel, Mexico Escrow Account, Mexico Permits, Mexico Real Estate License, Mexico Travel, Papaya 15

Our last post covered some of the benefits of retiring or being a snowbird in Mexico. Hot weather, beautiful beaches and a vibrant culture and history, are among the main attractions for people looking to retire in this beautiful country. When planning to move, some of the most frequently asked questions have to … [Read more...] about Canadians Living in Mexico: Facts About Buying a Property

Mexico Real Estate & the New Immigration Laws! Part 2 – Tax Exempt Status?

Filed Under: How to Buy Real Estate in Mexico, How to make money on a Mexico real estate investment, Living and Retirement, Mexico Closing costs, Mexico Real Estate Taxes

A question that many expats who own Mexico real estate will be wondering about is the exemption from capital gains taxes when selling a property and how the new immigration laws affect this exemption. The Capital Gains Tax and It’s Exemption in the Past Very briefly, if an expat sells a property in Mexico, … [Read more...] about Mexico Real Estate & the New Immigration Laws! Part 2 – Tax Exempt Status?

Mexico Real Estate Closing Advice and Role of the Closing Agent

Filed Under: How to Buy Property in Mexico, How to Buy Real Estate in Mexico, Mexico Buyers Agent, Mexico Closing costs, Mexico Escrow Account, Mexico Fideicomiso / Bank Trust, Mexico lawyers, Mexico Notary Public, Mexico Permits, Mexico Property Tips, Mexico Public Registry, Mexico Purchasing Process, Mexico Real Estate Agents, Mexico Real Estate License, Mexico Real Estate Taxes, Mexico Real Estate Tips

Every transfer of Mexico real estate property MUST, by law, be made before a Mexican notary public. The Mexican notary public is required to have a degree in law.  He must have a minimum of five years of legal practice, pass a rigorous examination and then be appointed by the governor of the state in which he/she … [Read more...] about Mexico Real Estate Closing Advice and Role of the Closing Agent

Can I finance my Puerto Vallart Real Estate Purchase?

Filed Under: Mexico Closing costs, Michael Green, Puerto Vallarta Real Estate

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?

What are my selling costs on Real Estate in Puerto Vallarta?

Filed Under: Mexico Closing costs, Mexico Fideicomiso / Bank Trust, Mexico Notary Public, Mexico permits, Mexico Public Registry, Mexico Real Estate Taxes, Mexico Real Estate Tips, Michael Green, Puerto Vallarta Real Estate

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?

Mexico Real Estate Closing Costs, How to Avoid Unpleasant Surprises

Filed Under: How to Buy Real Estate in Mexico, La Paz Real Estate, Mexico Cities, Mexico Closing costs, Mexico Real Estate Taxes

Mexican law says that Mexico real estate taxes must be paid on the higher of the following: purchase price OR appraised value Since many appraisals in the La Paz real estate market are lower than the actual selling price your taxes will be condisderably lower if the appraisal value is declared Payment on this basis has … [Read more...] about Mexico Real Estate Closing Costs, How to Avoid Unpleasant Surprises

Q: I bought a Mexico Condo During Construction, How do Exchange Rates Effect My Payment Plan

Filed Under: How to Buy Real Estate in Mexico, Living in Mexico, Mexico Closing costs, Mexico Exchange Rate, Mexico Real Estate Taxes

Mexico condos are popular investment options for Americans, Canadians and British and even more so those which are in the pre construction stages But identifying the risks and knowing how to manage such risks are important factors to ensure good returns and avoid costly surprises One question was brought to our … [Read more...] about Q: I bought a Mexico Condo During Construction, How do Exchange Rates Effect My Payment Plan

Todays Mexico Exchange Rate and the Effect on Real Estate

Filed Under: How to Buy Real Estate in Mexico, Living in Mexico, Mexico Closing costs, Mexico Exchange Rate

The Mexico real estate market is many times effected by the exchange rate currencies People can save thousands of dollars from the significant movements of the USD to Pesos exchange, as well as the Canadian dollar to the USD rates Imagine that you are going to pay the closing costs on a Mexico property with a fixed … [Read more...] about Todays Mexico Exchange Rate and the Effect on Real Estate

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