Many Americans and Canadians have questions and doubts about financing a Mexico real estate purchase through a mortgage when they first undertake the process of buying property. The following are some of the main questions which buyers ask about mortgages in Mexico with answers from professional sources. Q. Is … [Read more...] about Mexico Real Estate Q & A – Are Mortgages in Mexico Available for Americans and Canadians?
Mexico Loans and Mortgages
Mexico mortgage below 6% is that correct?
Mexico mortgages have been reducing slowly over the past several years. Nearly five years ago, interest rates down in Mexico were above 12%, today it is completely different. In the video interview below, we discuss several important issues for non-Mexicans wanting to take out a loan on their Mexico real estate … [Read more...] about Mexico mortgage below 6% is that correct?
Mexico Homes Purchased Through 6% Financing? Watch Video
This past week I set up a short video interview with Mr. Azahel Dominguez, who works as a loan officer at a Mexican bank here in Mexico. I have helped many people from Canada and USA buy Mexico homes with financing and thought I would provide clients a straight forward FAQ VIDEO on the process of obtaining a mortgage … [Read more...] about Mexico Homes Purchased Through 6% Financing? Watch Video
Buying a Playa del Carmen Villa on a Mortgage
When considering buying a new property in Playa del Carmen, or even a resale, one of the options you may consider is buying by means of a Mexico mortgage. It is becoming more and more common that properties in Playa del Carmen are being pre-approved, guaranteed that they have met the qualifications for a bank … [Read more...] about Buying a Playa del Carmen Villa on a Mortgage
Some New FAQ for the Yucatan Real Estate Region
How would you compare the cost of utilities in the Yucatan real estate region to the cost of the same utilities in the United States? Electric, gas and water? Electricity in nearly all of the Mexico real estate regions are controlled by the government owned CFE "Comision Federal de Electricidad"Â The amount you pay … [Read more...] about Some New FAQ for the Yucatan Real Estate Region
Mexico Mortgages Might be the Gap For Real Estate Opportunities
A Mexico mortgage has not been a common tool used by real estate investors nor by residential buyers in the past here in the Mexican market. It was not until President Fox's administration during 2002 - 2006 were new laws and regulations introduced to help financial institutions offer home loans to millions of … [Read more...] about Mexico Mortgages Might be the Gap For Real Estate Opportunities
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
Using Self Directed IRA for Your Mexico Property Purchase
A friend of mine here in Mexico, Doug Jones just wrote quite an interesting article regarding Self Directing IRA s. I thought it would be good reading for you interested in Mexico real estate and options available for your purchases. I have been receiving many inquiries recently about using your self-directed … [Read more...] about Using Self Directed IRA for Your Mexico Property Purchase