This article is about pre-construction, new developments, as well as resales. There is a particular ethical and moral way in which buyers and sellers should deal with each other, and most of the time, the person who has to keep the negotiation on this level is the agent (agents) involved. This is our responsibility to recognize and require that everyone involved work on the highest level of reason and fairness.
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Vallarta Rentals
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The Fideicomiso and Why it is Important
Can Foreigners Own Beachfront Property in Mexico?A client who recently bought a condo in Puerto Vallarta, called and said, “Please write a summary of the basic points of foreign ownership: so that not only I can speak about it better, but to teach or remind other foreigners what a unique opportunity we have to own properties near the ocean in Mexico.” This is a summary of the characteristics of a fideicomiso trust:
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Mexico Real Estate Law
Consumer Protection for Pre-Construction BuyersIf you are considering buying pre-construction in this market, the builder should have been approved for promotion on FBS FLEX and he should have an offer contract following these statutes for your protection, and more if you can negotiate them. Here is a translation for you to read. For property advice, seek the counsel of a qualified attorney and your choice of real estate agent.
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How Mexico Compares to US & Canada
Buying Pre-Construction: Cash vs MortgageThinking of buying a pre-construction condo in Puerto Vallarta or Riviera Nayarit? As Mexico real estate is largely a cash market, here’s what you should know about the financing of new development projects in Mexico as compared to the US and Canada.
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Harriet Murray
Owner / Agent
Email: harriet@casasandvillas.com
USA/Canada: +1 (504) 298-6730
Puerto Vallarta: +52 (322) 223-4027
Puerto Vallarta Cel: +52 (322) 205-7550
