Typically as part of the closing process on your Puerto Vallarta home, the utilities will be changed over to your name. If not, ask the previous owner to sign a letter authorizing this action and then register the change with the corresponding utility. Your electric bill will come every second month, and your … [Read more...] about How do I pay my bills for my Puerto Vallarta Home?
Puerto Vallarta Real Estate
Help me Buy in Puerto Vallarta…My kids are driving me crazy!
Dear Mike, I want to take what is left of my 401(k), come down and buy a place off the beaten track and live like a local in the beautiful Puerto Vallarta real estate area. My kids say I should rent a place first, then find a TOP Mexico Realtors, make an extensive search, check out ALL the Mexico real estate … [Read more...] about Help me Buy in Puerto Vallarta…My kids are driving me crazy!
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?
WHAT SHOULD I ASK FOR BEFORE BUYING NEW CONSTRUCTION IN THE PUERTO VALLARTA REAL ESTATE MARKET?
If you are buying in the Puerto Vallarta real estate zone and wish to purchase a preconstruction property, one of the first things you should request is to see the Deed of Title on the land where the project will be located or “escrituraâ€. Verify that the Puerto Vallarta land is owned by the developer and if … [Read more...] about WHAT SHOULD I ASK FOR BEFORE BUYING NEW CONSTRUCTION IN THE PUERTO VALLARTA REAL ESTATE MARKET?