Buying and selling information
Buying
During the last ten years, property in Mexico has become a lucrative investment bringing a new breed of sophisticated investors to the market. The Mexican government has realized it is now essential to make owning property in Mexico safer and easier than ever before with new rules in place to protect the non-Mexican landowner. These rules have been formed to protect ownership rights and to promote the sale of Mexican real estate to foreign investors.
The Mexican constitution prohibits foreigners from purchasing or owning real estate within 60 miles of an international border or 30 miles of a coastline. Because of these restrictions a new safer method of ownership was needed to allow investment and safer ownership within these areas. The creation of an instrument called The Fideicomiso now allows safe ownership for foreigners within these areas. This Mexican property trust is much like an estate trust giving a foreigner full rights of ownership within the restricted areas. Learn more about buying a property in Mexico
Selling
When it comes to selling your home or lot in Baja, the most critical first decision you can make is in deciding which agency and agent you will list your property with. Trust and confidence is crucial in this decision so your financial interests will be properly represented with possibly your most valuable assets.
We believe a good agent and agency will open all avenues possible to sell your property, cooperating with other agents and agencies to find the right buyer for your property. Equally important we think the right agent will be knowledgeable and professional to prepare your property and paperwork, so when the right buyer is located nothing will stand in the way of a smooth closing process. Contracting and handling offers, in a fashion that creates a secure environment for all involved in the transaction. This is what a professional listing agent does and this is why they sell and close many real estate transactions, while maintaining a good reputation with happy clients. Learn more about selling a property in Mexico
Other Information of Interest
- Taxes
Buying and selling taxes in Mexico - Mortgages and financing
Financial information - The Fideicomiso
Fideicomiso or Real Estate Bank Trust - Title Insurance
Learn about title insurance
- Buying In Mexico
Purchasing your dream home in Mexico - Selling In Mexico
Things to consider when selling in Mexico - Retirement In Mexico
Information about retirement in mexico - Homeowners Insurance
Mexican insurance ... The American Way
