Articles in the Mexico Real Estate 101 Category

What are the Tax Benefits of Mexico Real Estate?
Posted in Headline, Mexico Real Estate 101 on 15 July 2008

Owning real estate in Mexico is great for people who don’t like to pay taxes. Although you are still obligated to pay US income taxes if you are a US citizen, significant tax savings can be achieved.

Interest is Tax Deductible
Like in the US, the interest you pay on your home loan in Mexico can be [...]

How to Buy a Second Home in Mexico Presentation by Mitch Creekmore
Posted in Mexico Real Estate 101 on 14 July 2008

Here’s an informative presentation on buying Mexico real estate. The speaker is Mitch Creekmore, who co-authored Cashing in on a Second Home in Mexico, and has been called “one of the foremost authorities on Mexican real estate” by the San Diego Business Journal.

Recommended Reading: Cashing in on a Second Home in Mexico
Posted in Cabo San Lucas, Financing Mexico Real Estate, Mexican property ownership, Mexico Investment Facts, Mexico Real Estate 101, Tourism on 10 July 2008

Cashing in on a Second Home in Mexico, is perhaps the most comprehensive and informative books that you can find on investing in Mexico real estate. It is written by Tom Kelly and Mitch Creekmore. Kelly is the former real estate editor for The Seattle Times and Creekmore was recognized as “one of the foremost [...]

Do I Need a Lawyer to Invest in Mexico Real Estate?
Posted in Mexican property ownership, Mexico Investment Facts, Mexico Real Estate 101, Property management in Mexico, Tourism on 7 July 2008

Mexico real estate investment differs from US in several critical ways. Not understanding these variances can cause a lot of money to go down the drain. But is it necessary to find professional help such as a Mexican attorney to guide you through the process?
There are several advantages to hiring an attorney to represent your [...]

How to Lose Your Money in Mexico Real Estate
Posted in Headline, Mexican property ownership, Mexico Real Estate 101 on 3 July 2008

When purchasing property in Mexico, there are some mistakes that can result in catastrophic losses to your savings.
Not Using a Trusted Neutral Escrow Agent
It is very risky to give money to the seller or agent as a good faith deposit. In Cashing in on a Second Home in Mexico, Tom Kelly writes “If a [...]

Mexico Real Estate Transaction Fees
Posted in Mexico Real Estate 101 on 13 May 2008

When considering real estate in Mexico, it would be helpful to know what fees to expect to get a better idea of the actual cost of the property. A more detailed explanation of fees can be found at the Global Property Guide. The following figures were good as of Apr 20, 2007, but should help [...]

Investing in Mexico? Beware of the Ejidos!
Posted in Mexico Real Estate 101 on 28 April 2008

Much is made about the minor inconvenience of buying Mexico real estate within 50 km (about 27 miles) of a Mexican beach or within 100 km (about 62 miles) of a Mexican border, even though the fideicomiso, with the bank holding the physical title, is one of the safest ways to own and manage property. [...]