Step 1: Hire a real estate agency Internet is evidently the first step for buying your house long distance in Mexico. Looking where to buy a home or condo or where to put that investment money is not easy. Less if you do it from one city to the next, or from one country to another. You may ask yourself, is it wise to … [Read more...] about Step by Step of Buying Your House Long Distance
Mexico Purchasing Process
How do Closing Costs Differ Between USA and Mexico?
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?
Everything You Need to Know About Buying Mexico Real Estate
Many Americans and Canadians decide to invest in Mexico real estate to secure their retirement money, pay less taxes and enjoy a more affordable lifestyle abroad. However, many come with an array of questions concerning the Mexico real estate purchasing process. Some will also wonder about their residency status, visa … [Read more...] about Everything You Need to Know About Buying Mexico Real Estate
Is Buying Pre-Construction Better Than Buying Resale?
When you decide to purchase a home, there are two main ways to go about it. The first one is to buy a resale, and the second one is the purchase in pre-construction. While both options get you your dream home, there are positive and negative aspects to both. You would need to weigh them out to see which option best … [Read more...] about Is Buying Pre-Construction Better Than Buying Resale?
Everything You Need to Know About Title Insurance in Mexico
Authorities define title insurance as an indemnity insurance. It protects the owner (mortgage lien holder) from any financial loss caused by defects in a property’s title and/or claims against the new owner(s). Buyers purchase Mexican title insurance to protect not only themselves but the lender or trustee's interest … [Read more...] about Everything You Need to Know About Title Insurance in Mexico
This is Why We Recommend the Use of an Attorney
Throughout the purchasing process, we highly recommend the use of an attorney. Your lawyer will make sure that the process satisfies all the legal requirements. Remember each country has different systems and methods for purchasing a new property. In the case of purchasing a property in Mexico, the process is very … [Read more...] about This is Why We Recommend the Use of an Attorney
The Purchasing Process to Buy a Property in Mexico
As a new buyer who wants to purchase a property in Mexico, many questions may come to your mind. Among many doubts, knowing how the purchasing process in Mexico works could be your main question. To begin with, the purchasing process in Mexico for foreigners is similar to the United States and Canada. However, some … [Read more...] about The Purchasing Process to Buy a Property in Mexico
Mexico Real Estate: Legal Basics You Need to Know
Are you thinking of buying a property in Mexico? Well, there are legal basics you need to know in order to make your purchasing process easier. First of all, you need to know that buying a house in Mexico as a foreigner is different than it is for a Mexican; the reason is that there are different laws that apply to … [Read more...] about Mexico Real Estate: Legal Basics You Need to Know