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Proposed Riviera Maya Airport Fuels Region's Hope for Growth PDF Print E-mail

airport-main.jpgFor years government officials in Mexico have discussed a new airport for the fast-growing region around Tulum, south of Cancun.

The Cancun airport is already over-run and annoying to second-home owners uninterested in the foam bars of the hotel strip. The drive to Tulum can easily take an hour, depending on traffic conditions on the one highway running the length of Riviera Maya. A new airport could open up the region for a wave of tourism and vacation-home development.

 

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Mortgage Update from Playa del Carmen May 2010 PDF Print E-mail

Mortgage Update from Playa del Carmen May 2010Is the Grass Always Greener on the Other Side?

By Enrique Saldana

Recent reports in the USA Economy show that more homeowners are keeping up with their mortgage, while Mexican Home Purchasing reports show an increment on home foreclosures.

”The share of homeowners behind on their mortgages fell in the first quarter,…” read the Home Market reports in the USA. “The portion of mortgages that were delinquent 30 days or more fell to 6.57% in the first quarter from  6.60% in the last three months of 2009, according to Equifax and Moody's Economy.com.”

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Mortgage Update from Playa del Carmen November 2009 PDF Print E-mail

Real Estate in Playa del Carmen, Mexico"Culture Clash"
By Enrique Saldana

Definitions of Culture Clash:
Culture Clash is the misunderstanding and disagreements between two cultures.
Culture is learned.  The clash is the unlearning of new cultures.
Culture Clash is an American performance troupe composed of the writer-comedians Richard Montoya, Ric Salinas, and Herbert Sigüenza. Their work is of a satirical nature.  en.wikipedia.org/wiki/Culture_Clash_(performance_troupe)
Culture Clash is the currently active (2007) Harare Jit band led by ex-Bhundu Boys guitarist/vocalist Rise Kagona and Champion Doug Veitch (guitar ...en.wikipedia.org/wiki/Culture_Clash_(band)

How do I define Culture Clash?
.

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Long Term Rentals in Playa del Carmen PDF Print E-mail
Long Term
Rental in Playa del Carmen

By Michele Kinnon

The excitement of moving to a foreign country does not come without a host of challenges to overcome. Learning a new language, adjusting to a new job, a new culture, making new friends can be difficult and frustrating at times. One of the most stressful decisions you can make when trying to settle in a new country is finding a place to call home. Regardless of the length of your extended stay, whether it be for a few months or a few years, trying to identify and secure a long term rental remotely, with no opportunity to actually SEE the property before you commit to it, requires patience, due diligence and a certain amount of good faith. Finding an agent to assist you and act on your behalf can make the difference between an easy, smooth transition and one that results in a less than ideal living situation.

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Mortgage Update from Playa del Carmen September 2009 PDF Print E-mail
Playa del Carmen Real Estate

IS SOMEBODY WATCHING OVER YOU?
PDC- Mortgage Market Outlook

Unfortunately not.  Why I am I saying that you would ask?  Well, let me explain.

Wouldn't you want someone watching over your real estate interest if you were purchasing a property in one of the "Hottest" Condo Developments in Town if you knew the following:

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Riviera Maya Real Estate Benefits From Bridges PDF Print E-mail
overpass.jpgRiviera Maya real estate from Cancun to Tulum is set to benefit from the new highway bridges that will soon be constructed in Playa del Carmen, said RE/MAX Investment Properties Mexico, experts in real estate investment, today.
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Caveat Emptor (Buyer Beware): Buying Real Estate in Mexico PDF Print E-mail

Real Estate Update for Playa del Carmen-August 2009

 

August Mortgage Watch Playa del Carmen.

People from the United States, Canada, Europe and other parts of the world are buying real estate in Mexico in record numbers. For those new to the experience, the process can be frustrating and confusing. Because the legal safeguards and the processes for purchasing real estate differ substantially between the U.S. and Mexico, it is important to seek the advice and assistance of experienced real estate and legal consultants when venturing into the Mexican real estate market.

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Mortgage Update from Playa del Carmen June 2009 PDF Print E-mail
Real Estate in Playa del Carmen Playa Del Carmen Real Estate; A Laissez-faire Affair No More

By Enrique Saldana 

Laissez-faire: Refusal to interfere in other people’s affairs, or the practice of letting people do as they wish, or the principle of the non-regulation of the real estate industry. It is a well known fact that Mexico practices the Laissez-faire principle in their real estate industry, and although this principle may very well successfully apply for the economy in general, it is not very healthy in terms of non-regulation of the real estate industry as a profession in Mexico.

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The Real Story from Playa del Carmen PDF Print E-mail

Real Estate in Playa del CarmenAn insider's perspective on the media hype that has hit Mexcio in recent months.

By Shawn Bandick

Hello everyone,

This news letter has been going out from One Stop Real Estate in Playa Del Carmen for several years now. Today I want to share with you a bit of reality. It is unfortunate when we hear from so many of our friends and clients who love traveling to Mexico, , and they are confused and cannot seem to get a clear picture of how Mexico really is today. I hope to help shed some light on that with this article.  

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Mortgage Update from Playa del Carmen May 2009 PDF Print E-mail
Playa del Carmen Real Estate

Is the Glass Half Empty or Half Full?

By Enrique Saldana

My “Compadre” and I always have some kind of discussion and disagreement in regards to the way the world economy is moving. It is obvious that the thermometer for that is what is happening within the USA economy. He seems to think that we are still under a tremendous economic meltdown, and I, on the other hand, seem to think we are coming out of the so called “worst recession”, or economic downturn, in our lifetime. Yes, I have seen many small real estate companies in the area disappear (close), and other “big” name companies downsize, as the economic downturn has hit more closely to home. There are also some developers whom have been hit by this economic meltdown (downturn). There are those that are in total disarray, and there are those whom have been able to adjust offering purchasing incentives which will enable them to “weather the storm”, so to speak.  

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Mortgage Update from Playa del Carmen March 2009 PDF Print E-mail

Real Estate in Playa del Carmen, Mexico"Dancing with the Stars"  in Playa del Carmen.

By Enrique Saldana

A friend of mine, a very successful Realtor back in Chicago, used to tell me that he “would dance with his clients” every time he would go out to get a property listed. What he actually meant was that he would go and deal with each client differently and according to their needs to ensure he could meet his client’s expectations.

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Mexico Mortgage Update January 2009 PDF Print E-mail

 

Mexico and Playa del Carmen Real EstateA Look at the Hottest Current Topics in the Mexico Resort Real Estate Market.

By Matthew A. Miller

As the Mexico resort real estate market continues to gain popularity among North Americans, one common theme exists; an increasing demand for insightful and relevant information among the entire Mexican resort real estate community, including developers, realtors, owners, resellers and potential buyers. This is especially true in light of today’s more difficult economic times. Therefore, it seemed worthwhile to highlight the hottest current topics in the industry as discussed at the fourth annual Mexico Resort Development Conference in Carlsbad, California held in December 2008. 

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How Barack Obama Will Affect Playa del Carmen PDF Print E-mail
How Will Obama Affect Playa del Carmen?

How Does the Obama Effect Affect the Playa del Carmen Economy?
The election of Barack Obama as the next President of the USA has certainly removed uncertainty, which will have a positive effect on the USA economy, since consumers and investors are looking for a new direction and leadership. with an improvement in the stock market, the US economy will be given a boost,  and by helping to recapitalize banks, the future for the USA economy is looking  brighter from here on out.

 

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Investing in Playa del Carmen PDF Print E-mail

Investing in Real Estate in Playa del Carmen

Investing in real estate in Playa del Carmen; some tips from a local Realtor.

To be successful in real estate, investors must anticipate fluctuations in the market, as well as recessions.  Recessions are necessary for a healthy economy to avoid inflation and depressions. Always invest and prepare to keep your properties for a minimum of 5 years.  If you get lucky, and your values increase drastically in less time, consider yourself fortunate but realize this is not the norm in real estate.

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Financial Crisis Offers Opportunities in the Riviera Maya PDF Print E-mail

Investment Opportunities in the Riviera Maya

 

Financial Real Estate Crisis Offers Opportunities

In an adverse situation like we are seeing in the real estate market today, it is possible to buy property at cheaper prices, for those who like risk, and it also opens up the possibility of investing in the stock market.  The financial crisis and the current volatility of the real estate market, foreign exchange, and stock markets can represent investment opportunities.

 

 

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Caribe Properties in Playa del Carmen PDF Print E-mail

Real Estate in Playa del CarmenCaribe Properties in Playa del Carmen- Open Since 1998!

Meet Trevor Jacobi and Veronica Ortiz Vasquez; Playa del Carmen Residents, Real Estate Agents and Investment Specialists.

Both Veronica and Trevor work at Caribe Properties in Playa del Carmen. Owner, Bob McCain, who is originally from the US, has created a real estate firm that has withstood the test of time, and changing markets, and has become a strong local company over the past 10 years.

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Playa del Carmen Mortgage Watch September 2008 PDF Print E-mail

Qualifying for a mortgage in MexicoWHO YA GONNA CALL?
-PDC Mortgage Watch September 2008-

Who doesn't remember the popular movie "Ghost Busters" that became a tremendous hit in the United States and all over the world after being released in 1984? Remembering this film, and thinking about the everyday calls we get from some of the local realtors, some of them to meet with people to later find out they do not qualify for a mortgage, has prompted me to begin a list of Important Questions to Ask at the First Interview with your mortgage property purchaser candidate.  This is in an effort to save the Realtor time and money, while working with clients, and to only dedicate time to qualified buyers.

 

 

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Going Green in The Rivera Maya September 2008 PDF Print E-mail

Going Green in the Riviera MayaGoing Green with Mary Odermatt

The Riviera Maya is blessed with a year round temperate climate, which makes for perfect conditions for gardening; specifically tropical fruit trees. Although some trees may take quite awhile to mature they can offer much in return; they act like the lungs of our planet filtering out carbon dioxide and many of them are extremely useful in other ways as well. Many tropical trees that bear fruit can easily grow in the Riviera Maya; some are native to this area and others are not, but most of these are relatively easy to grow from seed. A handful of these trees include:  avocado, banana, citrus, coconut, mamey sapote, mango, papaya and tamarind.

 

 

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Green Homes and Renewable Energy in the Riviera Maya PDF Print E-mail

Renewable Resources in the Riviera MayaMeet Ed Blume: Diving enthusiast, active volunteer and renewable resource expert.

Ed Blume grew up in northern Indiana, and he always dreamed of living in a tropical paradise.  Now living in Madison, Wisconsin, Ed works as a communications director for RENEW Wisconsin, an NGO that promotes renewable energy policies and projects, like solar, wind, and biomass energies.

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Effect of a US Recession on Mexico Real Estate PDF Print E-mail

 Mexican Real Estate Market

By Bruce D. Greenberg, MAI, SRA, ASA, President, Valuaciones Montaña Verde, SA de CV

Technically, the United States economy is not yet in an economic recession, which is defined by two consecutive quarters of economic contraction, or negative economic growth. However, many economic indicators such as jobless claims, manufacturing activity, housing starts and core inflation, which have traditionally signaled the onset of a recession, are already indicating that, at the very least, a significant slowdown is inevitable. Despite technical definitions of the current health of the United States economy, one of the obvious causes and weaknesses of the current situation is the sector of residential real estate.

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