Escrow in Baja The greatest differences between escrow services in a Baja Real Estate transaction and a U.S. real estate transaction are the timing and paying of escrow. In the U.S., escrow services are generally paid at the close of the transaction with funds from the sale. Here in Baja, most escrow companies charge escrow fees at […]
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8 FAQs Concerning Baja Real Estate
FAQ #1: What is the better and/or the most popular way for non-Mexican nationals to acquire Baja real estate? The most popular way is also by far the best way. Non-Mexican nationals prefer to own Baja real estate using the highest form of ownership that is possible for them. They use an instrument called a fideicomiso, […]
Read MoreInvesting in Baja Real Estate: 2 important reasons
Baja is once again being looked upon as a good place for real estate investing. Those knowing the safety of Baja coastal areas are very optimistic about investing in Baja real estate. As a real estate investment destination, Baja is an excellent option for both the professional investor looking to grow his equity or cash […]
Read MoreThe Restricted Zone – The Most Valuable of All Baja Real Estate
Over the years, ownership policies of Baja real estate have evolved. Mexico now embraces foreign investors and second-home owners who want to acquire Mexican real estate. However , those who set out to purchase real estate in Baja are confronted with many different types of land that can be purchased , and not all have the same value. Let’s look at the four major types […]
Read More14 Parties Involved in a Baja Real Estate Transaction
When entering into a Baja real estate transaction, there are many important parties who will ultimately form part of the process. It’s very important that none of these parties be overlooked, and that all be kept in communication with the rest so that everything flows smoothly. The first and most obvious parties in the transaction are the buyer, […]
Read MoreClosing Coordinators for Baja Real Estate Transactions
Responsibilities of Baja Real Estate Closing Coordinators in Simple English When there is an accepted offer to purchase Baja real estate, it is the closing coordinators responsibility to gather all the documents and paperwork necessary to close, in order to allow for the transferring of title as agreed upon by all parties. The closing coordinator is usually […]
Read MoreBuying New Baja Real Estate – 8 Questions You Must Have Answered
When considering buying new Baja real estate from a developer in Mexico, it is important to understand the differences between the buying process you are accustomed to and what is common and legal in Mexico. There are many financial and title transfer considerations that you should take into account. This article will help you ask questions that […]
Read MoreBaja Oceanfront Real Estate: An Apples-to-Apples Comparison
On your search for Baja oceanfront real estate, you will encounter many different terms referring to an oceanfront real estate. You need to know what kind of property they are really talking about. Because each person has unique tastes and desires, any or all of these types may interest you. Here are some of the most […]
Read MoreBuying Real Estate in Baja? You Need a Fideicomiso!
What is a Fideicomiso? The Mexican bank trust is an instrument commonly used for non-Mexican nationals, such as U.S. citizens and Canadians, to purchase coastal land in Mexico. This bank trust in Mexico is known as a fideicomiso. When talking about Baja real estate in English, most people use the term “bank trust” simply because it is easier to pronounce than fideicomiso, but when talking […]
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