When you decide to purchase real estate in Mexico, there is a purchasing processes you need to follow. This process – even in Mexico – is very similar to most countries. It includes an Offer and Acceptance Contract, Sales Agreement, Financial and Closing Contract, and the possible addendums attached to each of … [Read more...] about What is Escrow and Why Do I Need it to Purchase a Home in Mexico?Â
Escrow
Escrows and Mexico Real Estate
If you are an American or Canadian who is considering purchasing Mexico real estate then using escrow is probably the ideal situation for you. You can deposit 100 percent of the purchase price in an escrow account or use a combination of direct down payment with the outstanding balance in the escrow account. Sometimes … [Read more...] about Escrows and Mexico Real Estate