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
sale agreement
3 Types of Contracts When Purchasing Property in Mexico
There is a process of three separate contracts when purchasing property in Mexico. In systematic order they are the offer to purchase, the promissory contract and the purchase sales contract. All three of these agreements have a specific purpose. Each one occurs sequentially to the next as the proposed sales furthers … [Read more...] about 3 Types of Contracts When Purchasing Property in Mexico
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