“When you invest internationally, currency is the name of the game, all other factors become secondary. You think you’re buying real estate, stocks or businesses? Think again. Foreign Exchange fluctuations have become the number one cause of gains and losses. They have impacted every sector in every nation”. ~ Bryant Palma*, in a presentation April 17, 2018 made this statement to his audience.
Private Lender or Mexican Bank Mortgages or Developer Financing in Pre-Construction. Reduce Your Risk by Conducting Due Diligence. Mexico’s real estate market is almost entirely a cash market. Individual sellers most often have paid cash themselves, and they need cash back at closing. In this case, you need all cash, or you may be able to qualify for a Mexican Bank loan or a private lender.
This article is about all condos: 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.
IMF (International Monetary Fund) 2018 Outlook: The Mexican economy continues to grow, mainly due to its strong economic policies, even while the fate of the country’s trade deal with North America remains unclear. Mexico would still benefit from carrying out reforms for stronger and more inclusive growth. The main areas to tackle are inequality, corruption, obstacles holding back firms’ productivity, and tax collection to allow more room for public investment.