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
Notary Public
Mexico Real Estate – Signing Your Title Deed
What may seem like an eternity has passed, and everything is finally ready for you to sign your title deed! The construction is complete, the title search is clear, the corporation or bank trust has been completed, all the certificates have been received, the Notary Public (Notario Publico) will prepare your title deed … [Read more...] about Mexico Real Estate – Signing Your Title Deed
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 2
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. In Part 1 I spoke to Ivan Castillo at Stewart Title Latin America´s Playa del Carmen office so he could explain what they are. We continue with Part 2 and … [Read more...] about What are Closing Costs? Part 2
The Promissory Agreement
During a real estate transaction you can divide the transaction in to multiple sections. The pre-closing is the moment where the buyer determines what is the property they wish to buy. Based on the same they will make an offer. And that offer will contain certain terms and conditions that the general buyer wants from … [Read more...] about The Promissory Agreement