Whether you want to buy a luxury home in Lake Chapala or purchase a luxury condo in Puerto Aventuras, an essential character within the real estate transaction is the notary public in Mexico. Since it is his authority that gives legal certainty to the transaction both for the seller and for the one who acquires the … [Read more...] about Buying Your House Long Distance: Notary Public in Mexico
Mexican notary public
Buying Your House Long Distance: Purchase Sales Agreement
Recap When you buy a house in Mexico, everything starts with three milestones. The first is the offer to purchase, in which the buyer’s lawyer puts down the basics of the offer. That offer matures into a promissory contract. They take everything from the offered purchase, and then they add a lot more clauses and more … [Read more...] about Buying Your House Long Distance: Purchase Sales Agreement
Why You Should Take Advantage of September – Month of the Will
September is the month of the will and although most of us believe that carrying out a will only requires a signature, we are all wrong. Actually, a will is only valid when it is granted by a public notary. In Mexico, each year the campaign “month of the will†begins in September. This is a nationwide campaign … [Read more...] about Why You Should Take Advantage of September – Month of the Will
What are Closing Costs? Part 1
During the closing of the real estate transaction you as a buyer have the obligation of paying closing costs. The closing costs are divided in multiple parts. I spoke to Ivan Castillo at Stewart Title Latin America´s Playa del Carmen office so he could explain them in detail. Notary Public Ivan Castillo: We need … [Read more...] about What are Closing Costs? Part 1