fbpx

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

Five Important Points

Buying Mexican Real Estate In The Restricted Zone

To help you navigate buying Mexican real estate in the Restricted Zone, follow these guidelines: Use an attorney. No, all agents are not educated or experienced enough to take the place of an attorney for you. I recommend one who is bilingual and bi-cultural. A client needs to be told what is happening here and how it is different from what he is expecting.  Many transactions have closed because a good attorney solved the legal problems of the sale. A good attorney charges a fair fee for his/her expertise and skill.

CONTINUE READING

Before Buying Real Estate in Mexico

Do Your Due Diligence

Just Do It! You have found the dream property, and you want to make an offer. Everyone involved is very friendly and seems very nice. You trust your new friends, and assume you have protections in place to prevent you from having problems with the purchase. Due Diligence is necessary, and your responsibility is to require it before becoming committed to sending money or being bound by a contract.

CONTINUE READING

TAKING RESPONSIBILITY

What Rights and Representation Do Buyers and Sellers Deserve?

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.

CONTINUE READING

Putting fair market competition at risk

Individual Real Estate Agents Can Violate Anti-Trust or Anti-Monopoly Laws (Part 2)

The article last week was intended for the public and real estate agents. We hear more frequently about companies violating anti-trust or monopolistic practices.  The company policies impact how the employees and management are trained to meet the goals of the company. But real estate agents themselves, sometimes not knowing, do things which put fair market competition at risk. Let´s go back to unfair business practices and unfair competition.

CONTINUE READING
1 2