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Everything you need to know about buying and selling real estate in Mexico, Puerto Vallarta, and the Banderas Bay region

Transparency in Mexican Real Estate

Importance of Fair Market Value

Those of us living in Mexico from other parts of North America probably take the concept of fair market value for granted.  We assume that this measure of value is used in other markets and other countries. Actually, it is not common outside of the USA or Canada to have sold market data.  In order to have information about sales prices and to adjust for differences in properties, data must be available.

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Mexican Real Estate Terms to Know

What is an Escritura?

Mexican Real Estate Definitions. Ejido:  Farming land owned by a legal entity, or group called the Ejido. Collective land that can now be privatized.  Foreigners cannot acquire rights to Ejido property.  Through a proper process, the Ejido can sell to a Mexican individual. The Mexican can then sell to a foreigner.

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Influence of Behavioural Bias

The Irrational and Emotional in Real Estate Markets

Nick Armet writes about investments for a UK firm. He has interesting views on our emotional connection to real estate. Here are some: The asset class of real estate demonstrates a pronounced influence of behavioral bias. Real estate is a highly emotive asset in most cultures. This can help explain phases of ‘irrational exuberance’ in property markets where prices move away from fundamentals.

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Decisions Affecting Mexican Real Estate

Mexican Real Estate & Anti-Money Laundering Laws

Money laundering is considered to be the crime of  ‘operations with resources from illegal origins’ under article 400-bis of the Federal Criminal Code. The money laundering offence is also complemented by the Federal Law Against Organized Crime, which provides higher criminal sanctions for money laundering offenders considered to be members of a criminal organization, and the Federal Criminal Procedures Code, which considers the money laundering offence to be a serious offence and thus limits the ability of any defendant to obtain release prior to conviction.

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