Homes for sale
Why use a Mexico buyers broker With pre-construction Cancun condominiums popping up on every corner there is a huge variety of options in the current marketplace. But with so many options to choose from it is sometimes difficult to sift out the one perfect deal that is worth a second look. Not only is the abundance … [Read more...] about Buying Preconstruction Condos in the Cancun Real Estate Market
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
An important aspect of purchasing real estate in Mexico is finding the right brokerIt is nota requirement to have a Mexico real estate license, so anyone can sell real estate. However, there is a professional association which adheres to ethical standards. This association is called A.M.P.I. (The Mexican Association of … [Read more...] about Choosing the Right Mexico Real Estate Agent
MEXICO REAL ESTATE CAPITAL GAINS TAXES (called ISR or Impuesto Sobre la Renta) An update to this article on 2 items have been included on a post of 1 of March. Click Here to see (Yucatan Real Estate Taxes Update) In the Yucatan real estate market, including other regions of Mexico, ISR are assessed when you sell … [Read more...] about Rule of Thumb on Capital Gains Taxes on the Sale of Mexico Real Estate
Mexico Condominium Regime; Investigate the Status A word of caution for those who are considering the purchase of a Mexico condominium or a lot in a subdivision Just as in other countries, the unit, or lot must be legally described and an individual property tax number issued This individual property must be … [Read more...] about Purchasing Your Mexico Dream Home; Condo Regime Part 6
What you need to know before making important decisions about Mexico Real Estate. Did you know that real estate licensing in Mexico is not mandatory That anyone can sell real estate without having to go through training specific to the field There just recently became available a program to obtain a Mexico real … [Read more...] about Thinking of buying real estate in Mexico How do you choose the right broker
The Mexico real estate market has gone through various changes over the last several years Title insurance, escrow accounts, and financing are new options and tools now available to help the non-Mexican acquire La Paz real estate properties and even properties throughout various regions of Mexico. Until recently, most … [Read more...] about Purchasing Your Mexico Real Estate Through Seller Financing
ANNUAL PROPERTY TAXES in the Yucatan real estate market and even in Quintana Roo are very reasonable. Example: A Mexico real estate property in Yucatan, with an appraised value of, let's say, $1,000,000 pesos will be assessed annual property taxes of, more or less, $2000 pesos Probably less. It is important to … [Read more...] about Yucatan Real Estate Property Taxes
