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| Buying & Selling Property Buying and selling real estate property. |
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Senior Member
Last Online:
Dec 23rd, 2008 03:24 PM Join Date: Jul 2007
Location: Toronto, Canada
Posts: 13
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Today could be one of the best times to buy a real estate in Mexico. The Canadian and American Dollars are stronger thanMexican Pesos; a piece of front- beach land is almost ten times cheaper than in Florida, and land taxes and maintain costs are very cheap. In addition, Mexico has an exceptional location and a world-class infrastructure, which means that in less than five-hour flight from any of the most important cities in Canada you could escape of the cold winter and enjoy of one of the best clime conditions in occidental hemisphere.
In case that you are thinking about to buy a property in Mexico, please keep in mind that the legal tradition is different than Canada; therefore, you have to be aware that any agreement or deal has to be on paper, following specific rules and, before close any deal, you have to check several documents such as the property land title, sellers identification and address, free litigation and mortgage certificate, executive project authorized by the municipality, construction license certificate and final agreement draft.
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Luis Guillermo Cruz Rico Foreign Legal Consultant for Mexico Cruz Herrera Ltd. Toronto 01(416) 804-8463 Mexico City 011(5255) 5535-2925 memo@memocruz.com www.memocruz.com http://legalconsultantmexico.blogspot.com/ |
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