When the USA Sneezes, Mexico...

There is an old saying in Mexico that goes, CUANDO EUA ESTORNUDA, MÉXICO SUFRE PULMONÍA!!! which literally means, WHEN THE USA SNEEZES, MEXICO CATCHES PNEUMONIA!!!.  What this actually means is that every time there is an economic crunch in the USA, Mexico’s economic situation worsens.  However, that is no longer the case, or at least not in our neck of the woods.

Buying Real Estate in Mexico: Fideicomiso or Mexican Corporation?

It is well known that when buying real estate in the Riviera Maya, the law provides that since it is a restricted zone, foreign investors must incorporate a transfer of dominion trust to a bank. Nevertheless, the law itself permits a Mexican corporation with foreign owners to acquire the property in a restricted zone. The ambiguity, along with the idea of reducing costs, has caused a great number of real estate deals to be made through Mexican corporations.  

The ABC's of Home Purchasing-Playa del Carmen Mortgage Watch

The continuous changes in the mortgage industry, and troubled real estate market in the USA, can only cause worry to those that most commonly draw HELOC Mortgage Loans (Home Equity Lines of Credit) on their properties in the USA to purchase property in Mexico.How do you solve this problem? Here are a couple of things you might want to consider.

Meet Soraya Ockhuysen and Jessica Schaap, owners of A 1 Vacation Rentals Mexico-bringing a personalized and "hands on" approach to vacationers and guests.

Soraya first arrived in Playa del Carmen with a friend over 7 years ago. She had taken a Spanish course in Holland and was excited to come to a Spanish speaking country to get some practice so she threw on her backpack and off she went to Playa del Carmen.

It is common in the Riviera Maya to find the legal concept of EJIDO (Mexican rural land tenure institution held in common) in Playa del Carmen, as well as in the neighboring town of Tulum. In most of the cases this kind of land holding is confusing for foreign investors as well as Mexican nationals.

Promotion and consequent sale of Ejido land is quite appealing for foreign investment. Nevertheless not knowing the law in this regard, has resulted in several illegal and unsuccessful transactions that risk the assets of those acquiring this kind of real estate in our area.

Some advice on how to circumnavigate the real esate market in Mexcio.

For some Americans and Canadians, Mexico has been home sweet home for more than 20 years. These are the lucky few who got "in" before Mexico became mainstream. For all the others, myself included, we are only now looking at our neighbor south of the border, wondering if we could do it too. Last January, having read the New York Times article on Merida, I gathered some friends to discuss a purchase in the Yucatan.

The Modern US Mexico Land Grab, What It Means To All

A hundred and sixty years ago, the U.S. took over almost a third of Mexico, paying $15 million for territories that became California, Nevada, Utah, Arizona and Texas. Today, U.S. citizens are moving into Mexico again, but this time they’re paying $1 million for oceanfront homes or $300,000 for condos in amenity-rich resorts.

Riviera Maya: A Developers Dream Come True- Playa del Carmen Mortgage Watch

As the saying goes, if you wish something with enough fervor, it just might become a reality!

Since we first started working in the mortgage business in Playa del Carmen, we have been asked from developers in the region for a product that would allow them to sell their inventory without the "strenuous" condo regime requirements. This is based on the numerous and complex scenarios developers are confronted with in getting a condominium regime set up in the area. Condominium is a form of ownership of real estate.

By Shawn Bandick

An update from One Stop Real Esate in Playa del Carmen.

In this letter I want to cover a little about the reality of hurricanes, who is coming to invest in Mexico, and why.

Great to be back in Playa del Carmen!

Well, we are back after a much needed break! Seattle was amazingly beautiful and fun, but it is always nice to come back home. We will be posting more regularly as we are now back in the office so if you have something to say, announce, or just want to share a fun exprienc, please send it our way and we will post it if we can......Now for a Playa del Carmen and Riviera Maya real estate update:

International Commercial Real Estate Loans; Fact or Fiction?
American lenders are now making commercial real estate loans internationally.Two years ago ther was an article stating that international commercial real estate loans do not actually close.....