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

Complete your due diligence first

What should buyers know about real estate escrow and deposits?

If you have found a property, and you want to make an offer, I recommend the following: Your offer should include time for you to conduct due diligence, an inspection, or other concerns.  Beware of your having to put your deposit into the escrow company before these issues are resolved.

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Comparables, Escrow and Legal Advice

Three Priorities for Buyers of Mexican Real Estate

Priority 1 – Comparables. Insist on a comparative market analysis of the “solds” and a list of the competition on the market for sale for any villa or condo you are considering buying. Don’t take no for an answer. Historically there was a precedent of not recording true sales prices. You, as a buyer have the right to information before you spend your money. Until buyers start requiring this information, the normal process of looking and making offers will be problematic. Opinion is cheap and thought requires work.

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