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

Buying a Condo in Puerto Vallarta, Mexico

Resale or Pre-Construction Real Estate Purchase – Pros and Cons

Are you planning to buy property in Puerto Vallarta? Condos are the most popular choice for foreign buyers and there is a wide choice of both resale and pre-construction condo developments throughout the Bay area from the South Shore to Nayarit. So how to choose? Here’s a list of pros and cons for each option:

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Before You Buy Your Dream Home in Mexico

Do Your Due Diligence!

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! Your responsibility is to require it before becoming committed to sending money or being bound by a contract. You need a professional agent and competent attorney to help you conduct due diligence, whether you are buying resale or new construction.

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What Documentation and Paperwork Will You Need?

Selling Your Puerto Vallarta Property

You have discovered that your address or name in the deed does not match what is on your phone or electric bill.  Yes, the bills get to you or to the person who pays them, but this mistake can be a problem when you decide to sell. The system we usually follow before we decide to sell doesn’t have the checks and balances it should.

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What is the Trust Deed?

The Purchase of Mexican Real Estate

Foreigners (non-Mexican) are able to purchase real estate in Mexico. They may directly own rural or urban land in the interior of Mexico with certain limitations on specific agricultural tracts. In the restricted protected zone, a Trust Deed is used. These protected areas include 100 kilometers along all-natural borders, 50 kilometers along coastlines, and all of Baja California.  Banderas Bay is primarily in the restricted zone.

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