Can I own real estate property in Mexico
Can I own real estate in Mexico ? Hello, I am Alfonso Poncho Davalos, Real Estate Agent in Puerto Vallarta and Riviera Nayarit. I am always asked to explain how foreigners can own real estate in Puerto Vallarta, Mexico. This topic is one of the most commonly asked questions. There is a lot of misinformation […]
Can I Own Real Estate In Puerto Vallarta By Alfonso Davalos The Agency
This is the common question I received on my webinars or when I have clients in my car. Hi there, I am Alfonso Poncho Davalos, Real Estate Agent in Puerto Vallarta and Riviera Nayarit. So I thought this short article would love to explain and talk to you about buying Real Estate in the area. […]
How Gay Parties Affect Puerto Vallarta Real Estate by Kevin Leah
There’s no denying the gay community has had a huge impact on Puerto Vallarta, especially Puerto Vallarta real estate market. One only has to look around at the many gay venues servicing the gay community from gay bars, gay beach clubs, gay boutique hotels and many others to realize that Puerto Vallarta is a beach […]
Puerto Vallarta Real Estate: Are Mortgages Available?
Purchasing Puerto Vallarta real estate: are mortgages available? Are condo purchases in Puerto Vallarta made with cash only? Alfonso Davalos of The Agency Real Estate answers these questions many potential buyers clients ask. The simple answer is yes; mortgages are available for non-Mexican citizens. There are three mortgage broker possibilities that I refer my […]
Puerto Vallarta Real Estate: Escrow In Mexico
Puerto Vallarta Real Estate: Escrow In Mexico. Escrow in Mexico: Is it mandatory? When buying real estate in the U.S. or Canada, it is a common practice to have an impartial third party safeguard the purchase price until the required documents are executed on the closing date. This practice is not common in Mexico and […]
Puerto Vallarta Real Estate Choose The Right Attorney
Puerto Vallarta Real Estate Choose The Right Attorney. Starting a new life in a different country is a big adventure because you have to deal with a new culture, a different language, different customs and of course, different laws. When in a new country there will be always the need for professional services of any […]
In Mexico Hire A Real Estate Attorney Or Closing Coordinator?
In Mexico Hire A Real Estate Attorney Or Closing Coordinator? The precept that lawyers have the legal and moral obligation to act in their client’s best interest seems to apply in any legal system, and Mexico is no exception. If you are buying a property in Puerto Vallarta and you hire a real estate attorney, […]
Puerto Vallarta Condo Developer Due Diligence
Puerto Vallarta Condo Developer Due Diligence Puerto Vallarta Condo Developer Due Diligence. Is the developer providing you with the right information previous to the sale? The real estate business can be a very tricky business. Very often you hear horror stories about people who lose thousands of dollars or even their lifetime savings because […]
Puerto Vallarta Real Estate: The Sales Contract
Puerto Vallarta Real Estate Magazine The Sales Contract. Lady Justice is an international symbol of law and justice. She is always portrayed holding a balance which represents equity for all the parties of a transaction or dispute. Equity for all parties is precept that applies not only in the legal field, but also in the […]
New Condo HOA ByLaws: What Is The Correct Process?
New Condo HOA ByLaws: What Is The Correct Process? Maybe you are asking this question “My HOA association is proposing new Condo ByLaws: What is the correct process for them to be legal and enforceable in Jalisco?” As you may know, accomplishing new HOA bylaws is not an easy task since old habits die hard. […]
Are All Condo HOA Resolutions Enforceable?
Are All Condo HOA Resolutions Enforceable? Upcoming HOA annual meetings are just around the corner. It is that time of the year when you’ll discuss with your fellow neighbors how your homeowners’ association will be administrated and who will be in charge of this administration. This discussion will take place at your annual homeowners’ ordinary […]
Substitute Beneficiary: Does Your Fidecomiso Match Your Will?
Substitute Beneficiary: Does Your Fidecomiso Match Your Will? If you own a condo in Puerto Vallarta, then you are fully aware that foreigners must use a land trust to acquire Puerto Vallarta Real Estate in Mexico. You might complain that this trust is unnecessary and expensive, but having this trust also brings benefits. One of […]
What HOA Finances To Check When Buying A Condo In Puerto Vallarta?
What HOA Finances To Check When Buying A Condo In Puerto Vallarta? Proper financial verification is just a preventive measure that is applicable in many cases and especially if you are buying a condo in Mexico. Verifying that the HOA where you plan to buy a property has healthy finances is an important part of […]
Puerto Vallarta Real Estate – Getting Clear Title In Mexico
Puerto Vallarta Real Estate Getting Clear Title In Mexico Deprivation of property in Mexico: is your title clear? Imagine you buy a home in Mexico, you move in, you decorate it and make adjustments, and you plan to live there happily ever after. Suddenly you receive a notification from a judge saying that the title […]
Can I Own Beachfront Property in Mexico? Puerto Vallarta Real Estate
Can I Own Beachfront Property in Mexico? Puerto Vallarta Real Estate. Yes you can thru the fideicomiso trust agreement. This is a summary of the characteristics of a fideicomiso trust in Mexico: Legal ownership of real estate in Mexico for foreigners comes from the Foreign Investment Law which was approved by President Luis Echeverria in […]
4 Priorities for Property Buyers for Puerto Vallarta Real Estate
Here are 4 priorities for property buyers for Puerto Vallarta real estate or condos for sale. One: Access to Information Insist on a comparative market analysis of the “solds” and a list of the competition on the market for any villa or condo you are considering buying. Don’t take no for an answer. Although it […]