Homes for sale
Closing Costs in Mexico Although the steps of looking for and deciding on a property are very similar here in Mexico to those in the United States and Canada, the steps to close your property and the related costs are quite different. It is essential to consider these closing costs in Mexico in your initial budget as … [Read more...] about Property Taxes & Closing Costs in Mexico
I am sure that people are experiencing how the pandemic has changed the world and everyone’s traveling plans. Everything we do in our daily lives is directly affected by the Coronavirus. Do you think we will ever get back to normality? I guess time will tell, but in the meantime, we need to make some significant … [Read more...] about How The Pandemic Has Changed Riviera Maya’s Real Estate Market
In recent years, private funds and banks have been gradually creating mortgage alternatives to offer reliable financing in Mexico available to foreigners. However, during the last ten years, there were no financing programs for foreigners. Still, now all that is changing with new products, such as “Mortgage One,†… [Read more...] about How to Get Financing in Mexico
A major concern for most foreigners purchasing a property in Mexico is whether their investment will be safe. We can take precautions against natural disasters by installing protective shutters and buying insurance. We can protect the property from theft and vandalism by installing security systems. But the best way to … [Read more...] about Why Hire a Real Estate Attorney When Purchasing Property in Mexico
Traveling Back or Into The United States The Covid-19 Pandemic has again struck a blow to the traveling industry. Starting January 26, 2021, anyone traveling back or into the United States from outside its borders must have a negative Covid test. This will likely add more complication to people's travel plans. This … [Read more...] about CDC’s Covid-19 Guidelines for International Travel
Not everybody knows that foreigners can own beachfront real estate in Mexico and that the process is 100% legal and safe. A foreigner can purchase property in two ways: through a bank trust (Fideicomiso) or by registering a company in Mexico. Today we will talk about the bank trust. Restricted Zone Under the Mexican … [Read more...] about How to Purchase Property in the Riviera Maya Using a Bank Trust
Since America’s Housing Bubble Burst in 2007-08, the housing market has been climbing back over the past decade. Even with the collapse and its devastating effect on the economy for many years, the US managed to maintain financial stability throughout and is actually moving forward. This momentum helped America’s … [Read more...] about The Housing Market Frenzy in the Riviera Maya
