Our experience has led us to establish the following guidelines in order to better serve you. Defining your budget: Occasionally, buyers are understandably eager to hit the road and start the search for their dream home before they begin to review properties, it is important to ensure your budget for your investment as well as find out the life you envision for yourself and what kind of investment you are seeking. Also lets us know if you are just beginning your search, are well into it, or are close to purchasing your dream home in the Riviera Maya. In other words, helps us find exactly the right property for you, and ensure that we put all the mechanisms in place according to your particular property need.
Search MLS Listings: There are many opportunities and options for viewing properties in the Riviera Maya. From the casual and impromptu, we can suit your needs, if you wish to view any one of our listed properties it will be our pleasure to accommodate showings at our earliest convenience. The more advance notice we have, the better. Most homes for sale require 24 hours notice to the homeowners, so please keep this in mind. You can expect to see up to four homes during a half-day showing. Consultation: Before, during and after the purchase process you will no doubt have many questions about the legal aspects of property ownership in Mexico, how to find a Real Estate attorney, how to manage your home if you will be using it as a rental, and so on. We will guide you through the purchasing process, including making recommendations about banks, fideicomiso trusts right through to the closing. Offer to Purchase: Most real estate transactions are “opened” after a written purchase offer is accepted by the seller and when a purchase-sale agreement (promissory contract) is signed by both parties. In most cases, a deposit is required by the broker to present the offer to the seller. If the transaction is being conducted directly with the seller, it is highly recommended that a real estate broker or lawyer be consulted before signing any papers or handing over any money. In some areas it is common practice to deliver to the seller, as an advance payment, the equivalent of 10-30% (including the initial deposit) of the total price upon signing the purchase-sale agreement, which should contain a penalty clause applicable in case there is a breach of contract by any of the parties. The Closing: Property purchase in Mexico have many unique aspects that will probably be unfamiliar even to those who have purchased multiple homes in the United States, Canada or Europe. Not only will we guide you through the process including introductions to lawyers who are well-versed in foreign ownership of Mexican property but we will also help ease you into your new life with a minimum of hassle. It is our job to inform you of all the paperwork and documents you will need so that you may breeze through the process, rather than getting bogged down unnecessarily because of lack of information and preparation. And of course we will accompany you on the day of the closing to ensure everything goes smoothly. If you are unable to attend the closing, we can also arrange for a Power of Attorney in order to take care of the details for you. Offering is not a simple matter of "negotiating" verbally with the seller, all has to be in writing and accepted by both parties, this important process involves legal details that need to be look after in order to achieve a smooth closing. Contact me for more information |