{"id":232,"date":"2009-06-20T15:33:07","date_gmt":"2009-06-20T08:33:07","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=232"},"modified":"2014-11-03T04:30:26","modified_gmt":"2014-11-03T10:30:26","slug":"mexico-real-estate-closing-costs-how-to-avoid-unpleasant-surprises","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2009\/06\/mexico-real-estate-closing-costs-how-to-avoid-unpleasant-surprises\/","title":{"rendered":"Mexico Real Estate Closing Costs, How to Avoid Unpleasant Surprises"},"content":{"rendered":"

Mexican law says that Mexico real estate <\/a>taxes must be paid on the higher of the following: purchase price OR appraised value Since many appraisals in the La Paz real estate <\/a>market are lower than the actual selling price your taxes will be condisderably lower if the appraisal value is declared Payment on this basis has taken place for many years in many parts of the country It is, however, illegal<\/p>\n

\"LaShould you choose to pay your Mexico real estate taxes <\/a>based upon this basis, please be aware that: 1. it is violation of the law and 2. your tax base will be low for declaration of value in the property when you sell it Furthermore, if you are financing your property through an institutional lender, full value must be declared<\/p>\n

Mexico Official Appraisal:Most appraisals in the La Paz real estate region are made by an appraiser who is usually an architect and who is recognized as a Perito Valuador, Official Appraiser, by the property tax authorities in the municipality where the property is located This is required prior to completing any transfer of title If an institutional lender is involved, a commercial appraisal may also be required You can follow more of these tips at TOP Mexico real estate blog<\/a><\/p>\n

Author Linda Neil<\/strong> has over 35 years of hands on experience in all aspects of Mexican real estate. She holds membership in AMPI, NAR, and FIABCI and PROFECO Certificate 00063\/96. Current member of the national advisory board of AMPI she is the owner broker of LINDA NEIL PROPERTIES for more information <\/em>(512)-879-6546 www.TOP<\/span>mexicorealestate.com<\/a><\/p>\n

“Where 11 TOP <\/span><\/strong>real estate experts from ALL regions of Mexico come together to share their Tips & Knowledge <\/strong>to help you buy safely !”<\/em><\/p>\n\n\n\n
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Want to see Real Estate <\/strong><\/p>\n

See properties for sale in my region. CLICK HERE<\/a><\/td>\n

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Want to learn more <\/strong><\/p>\n

Where & How to buy real estate in Mexico. CLICK HERE<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"Page<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Mexican law says that Mexico real estate taxes must be paid on the higher of the following: purchase price OR appraised value Since many appraisals in the La Paz real estate market are lower than the actual selling price your taxes will be condisderably lower if the appraisal value is declared Payment on this basis […]<\/p>\n","protected":false},"author":11,"featured_media":13491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[77,476,270,307,375],"tags":[469,393],"class_list":{"0":"post-232","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-how-to-buy-real-estate-in-mexico","8":"category-la-paz-real-estate-mexico-cities","9":"category-mexico-cities","10":"category-mexico-closing-costs-how-to-buy-real-estate-in-mexico-2","11":"category-mexicorealestatetaxes","12":"tag-la-paz-real-estate","13":"tag-mexico-real-estate-taxes","14":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=232"}],"version-history":[{"count":1,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/232\/revisions"}],"predecessor-version":[{"id":9292,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/232\/revisions\/9292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media\/13491"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}