Once you´ve decided to purchase a home in Mexico you will have to think about the way in which you plan to pay for it. As a foreigner you have some options available to you for financing, so today I´d like to present some information for you as a potential buyer that will aid you in the process. […]
Mexico Real Estate Financing
When deciding to purchase a home in Mexico you will need to take careful consideration about how you will be able to pay for your home. At this time, banks in Mexico are not financing foreigners for real estate purchases in Mexico; which leaves some home buyers a little unsure about how they will come […]
Mexico mortgages have been reducing slowly over the past several years. Nearly five years ago, interest rates down in Mexico were above 12%, today it is completely different. In the video interview below, we discuss several important issues for non-Mexicans wanting to take out a loan on their Mexico real estate purchase. If you want […]
Although there has been some tightening in the lending industry in Mexico, there are still many options available, both in pesos or dollars. I have been told from many realtor friends that they noticed an impressive increase in the amount of buyers who ask if financing is available.
If you are taking Mexico real estate financing as an option on your purchase south of the border, you need to make sure that the Condo has a master condo policy A master condo policy protects the outside of the building along with insurancing all of the common areas that are owned by all of […]