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
Mexico Closing Costs
Now that you have finally found your dream home, it’s time to exchange ownership of property. This can only happen once the Offer to Purchase, the Promissory Contract and the Sales Contract have all been accepted, along with the funding of the escrow account. After both the seller and the buyer have come to full terms, … [Read more...] about Real Estate Closing Process: Everything You Need to Know
You spend the time finding your perfect home or investment property. You settle on a purchase price, sign a sales agreement and then wait to close. The closing process is similar in Mexico as in the United States. The difference is that in the US, the buyer and seller use a Title Company to close the deal. In Mexico, … [Read more...] about How do Closing Costs Differ Between USA and Mexico?
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 must … [Read more...] about What are my selling costs on Real Estate in Puerto Vallarta?
In March and in our Mexico real estate blog, I posted the articles part 1 and part 2 You can read part 1, by clicking here; Purchasing your Mexico Dream Home Below is the continuation of these first two parts In my experience in the La Paz real estate market as well as many parts of Mexico, I ask … [Read more...] about Purchasing Your Mexico Dream Home; Checking the Title-Part 3
The Mexico real estate market is many times effected by the exchange rate currencies People can save thousands of dollars from the significant movements of the USD to Pesos exchange, as well as the Canadian dollar to the USD rates Imagine that you are going to pay the closing costs on a Mexico property with a fixed … [Read more...] about Todays Mexico Exchange Rate and the Effect on Real Estate
Last week, I began discussing the process of how to purchase your Mexico dream home Please click here to see this first post Mexico Real Estate Purchasing Process and go here Mexico Real Estate Agents to learn more on this subject. Rule Number Three:Mexico Real Estate Closing Costs (Fideicomiso) Closing … [Read more...] about Purchasing Your Mexico Dream Home; Real Estate Closing Costs in Mexico -Part 2
Yucat n has been the attention of many international real estate investor in recent years With the many Haciendas, the old colonial architecture, and the increasing amounts of non-Mexican buyers, where can people begin their process into buying property here in paradise We asked Mitch Keenan, a Yucatan Real Estate … [Read more...] about Yucatan Real Estate Expert; Mitch Keenan