Mar 11

2010

Launch of "Retiring Responsibly in Mexico" research series

Posted by Anne McEnany in ¨Puerto Vallarta , Yucatan retirement , where to retire , Viva Mexico , Visiting Mexico , Valle de Guadalupe , US-Mexico border , Travel within Mexico , Travel to Mexico , Todos Santos Real Estate , Todos Santos , Southern Baja , Somwhere in Mexico , San Diego Union Tribune , Safety Mexico , rocky point , Riviera Nayarit real estate , Riviera Nayarit , Riviera Maya Tourism Board , Riviera Maya Jazz Festival 2009 , Riviera Maya , retiring in mexico , retirement in yucatan , retirement in Puerto Vallarta , retirement in mexico , Retirement destinations , Retire in Style South of the Border , Retire in San Quintin , Retire in Puerto Vallarta , Retire in Mexico , Retire in Baja , Real Estate in Mexico , Punta Mita , Punta Banda , Punta Baja , puerto vallarta tourism , Puerto vallarta retirement , Puerto Penasco , Puerto Vallarta condos , Property in Playa del Carmen , Properties in Playa del Carmen , Procter & Gamble Mexico , Playa de Carmen real estate , Playa del Carmen Land , Paul Crist , Patrick Osio , Nuevo Vallarta , Northern Baja , Mike Wallace , Mexico's tourist zones , Mexico travel , Mexico Tourism Borad , Mexico retiring , Mexico Retirement Living , Mexico Retirement , Mexico Oceanfont Real Estate , Mexico infrastructure , Mexico FM-3 visa , Mexico Cities , Mexico beachfront properties , Mexico Alive , Mexico Airports , Mexicans , Mexican , Mazatlan Real Estate , mayakoba real estate , mayacoba , Los Angeles Times , Loreto , Living Overseas , living in yucatan , Living in Puerto Vallarta , living in Plava del Carmen , living in mexico , living in Lake Chapala , Living Abroad , live in mexico , Live Abroad , LIGA-MAC , la paz real estate , La Paz Real Estat , La paz condo , La Paz , Invest in Mexico , History of the Wine in Baja California , Green building in Mexico , FM3 , FM2 , FM-3 , Expats in Mexico , Expatriates in Mexico , Ensenada wine country , Ensenada , East cape , Discover Los Cabos , David Truly , Cozumel beachfront properties , Costa Maya , Cost of living in Playa del Carmen , charity , Carol Billups , Cancun beachfront , Cancun , Canadians in Mexico , Campeche real estate , Campeche Beachfront real estate , Campeche beachfront lots , Campeche beaches , Cabo San Lucas , cabo , Boomersabroad.com , boomersabroad , Boomers retiring in Mexico , Boomers in Puerto Vallarta , Boomers in Mazatlan , Boomers in Latin America , Boomers in Baja , Boomers Generation , Boomers Abroad Online Community Blogs Share your e , Boomers Abroad , boomer-living.com , Boomer-insight , boomer women , Boomer Retirement , Boomer News , boomer living , Boomer Generation , Boomer Abroad , Banderas Bay , Bajamar , Baja Relocation , Baja California , Baja , Baby Boomers in Mexico , Baby Boomers , Baby Boomer knowledge Center , baby boomer , AMPI riviera maya , Americans living in Mexico , Americans in Mexico , Americans for Medicare in Mexico , American Expatriates , American Expat , AARP

The International Community Foundation is pleased to announce its “Retiring Responsibly in Mexico” research series with our first report “U.S. Retirements Trends in Mexico’s Coastal Communities: Lifestyle Trends and Demographics.” You can access the report here: http://www.icfdn.org/publications/retireeresearch/.
Forthcoming research studies will address trends in health care, volunteerism, philanthropy and civic engagement, real estate as well as the environment. For more information on the International Community Foundation, visit our website at http://www.icfdn.org.

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Jul 24

2009

Mexico Oceanfront Real Estate; Bacalar and Chetumal

Posted by Thomas Lloyd in Mexico Real Estate , Mexico Oceanfont Real Estate , mayan coast , Costa Maya , Chetumal , Bacalar

On the southern part of Quintana Roo, following highway 307 towards the Beliz border, you run across a beautiful quiet little town nestled along the lagoon called Bacalar. Bacalar has various oceanfront real estate properties that are for sale which have caught the attention of many northerners. The majority of Mexico oceanfront real estate in Quintana Roo is located in Cancun, the Riviera Maya, Cozumel, and of Costa Maya. But Bacalar’s oceanfront properties are unique in that the water is not salty, but fresh water fed from underground springs.

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May 24

2009

How to purchase and own land in Costa Maya, Mexico

Posted by Kevin Graham in uvero , tanquila , rio indio , real estate Costa Maya , placer , majahual , mahahual , Costa Maya

How to purchase and own real estate property in Costa Maya on the Mexican Caribbean

It is still possible to find affordable oceanfront property on the Caribbean in the region known as "Costa Maya" Mexico.

Many U.S. and Canadians are finding that their money goes further and that their quality of live is better, especially in light of the economic crisis. Purchasing and owning property in Mexico is not without risks, however.

I have lived in Mahahual, Costa Maya, Mexico for over three years and own property and also have a real estate company known as "Costa Maya Living" (www.costamayaliving.com) so I am able to share my knowledge with others.
I also serve as Warden for the US Consulate Office for the region of Costa Maya.

FIND A REPUTABLE BROKER OR AGENT
In most of Mexico, there is no MLS, no real estate licensing requirements for agents, no governmental oversight. The result is that almost literally, “everyone sells real estate”. Just take a seat in any restaurant or bar and mention that you want to buy property and you’ll surely have a crowd around you momentarily. Besides locals there are also a good number of “expats” who sell real estate and can’t even return to their home countries for fear of arrest. Would you risk a good part of your life’s savings with someone like that?

Here are some good indicators of who you would want to work with.
* Do they or the company they represent have a certified escrow account in the U.S. or Canada? I’ll discuss this more in following steps below.
* If a foreigner, can they show you their valid U.S. or Canadian passports? * Can you contact ANY of their past clients?
* Ask them how many other things they do...is real estate their full-time work or is it just a hobby?

MAKE AN OFFER

In the past here, when two individuals come together to buy and sell property an agreement was written by the Buyers. Upon signing, the Buyer gives the Seller a deposit to hold as earnest money to seal the deal.
In the case of my company and others that are professional after you make an offer upon a standardized “Offer/Contract” is prepared. The offer will be presented to the Seller and they will either, decline, accept or counter the offer. Negotiating on purchase price, closing date, inclusions and other details is common. However, do not be disappointed if the Seller holds out for full price. As of this writing, this is a Sellers’ market, even in the aftermath of Hurricane Dean and the U.S. economic crisis and even the flu scare! This is because land in Costa Maya is still the least expensive oceanfront property on the Mexican Caribbean.
If your offer is accepted and everything is signed, it is time to arrange for the transfer of earnest money deposit to an escrow account (not to the Seller) and meet with your attorney.
If the offer is accepted, normally 10% of the purchase price goes into an escrow account…not with the Seller. You can see the pitfall of depositing your money with a Seller…especially if the title of the property is in question.