Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> Comments on: How to Lose Your Money in Mexico Real Estate http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173 Information about living in Mexico and investing in Mexico real estate. Wed, 01 Feb 2012 01:25:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dorothy Sanders http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7691 Dorothy Sanders Sat, 07 Mar 2009 08:04:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7691 John, What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!! Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry. Thanks for the tip! John,

What you are telling us about that project in Cancun is really messed up. I am a broker in Toronto and I met one of the gentlemen you are telling us about; a bald guy that could not really speak much english. He was at a show here late last year and he did seem kind of shady. He told me he would pay me 3 per cent for every sale I made (which I see is less than he was paying others) but since I had never done anything in Mexico before it really scared me. Thank god I never sold anything there!!!

Sorry to hear that story. Those brokers that never got paid should definitely get on their case. That kind of stuff really messes up this industry.
Thanks for the tip!

]]> By: BajaSunset http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7139 BajaSunset Mon, 23 Feb 2009 04:25:31 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7139 Trump Baja Buyers, For information on the Class Action Lawsuit against the Trump Baja project contact: Daniel J. King Law Offices of Daniel J. King The Trillium Building 6320 Canoga Avenue, Suite 675 Woodland Hills, California 91367 (818) 587-9299 Worldwide Fax Toll Free (866) 260-2160 Alternate Fax (818) 587-9292 Trump Baja Buyers,

For information on the Class Action Lawsuit against the Trump Baja project contact:

Daniel J. King
Law Offices of Daniel J. King
The Trillium Building
6320 Canoga Avenue, Suite 675
Woodland Hills, California 91367
(818) 587-9299
Worldwide Fax Toll Free (866) 260-2160
Alternate Fax (818) 587-9292

]]> By: John Darcy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-7018 John Darcy Thu, 19 Feb 2009 00:45:12 +0000 http://mexicorealestateinvestment.org/?p=173#comment-7018 The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community. The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer. These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US. The best way to loose money is by putting your clients into a project called La Amada in Playa Mujeres Cancun. this project is getting a really bad name amongst the broker community.

The people handling the commercial side of the project 2 gentlemen by the names of Toni Belles and Sergio Wurth managed to steal hundreds of thousands of dollars from real estate agents worldwide. They would con them by telling them they would get 4 or 6 per cent commisions and after the deal was completed they would pocket all the money and state that the developer already payed the master broker and that they have nothing to do with it any longer.

These kind of situations really do mess up the real estate market as brokers will no longer want to work with projects outisde of the US.

]]> By: Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-4200 Redhead Real Estate » 5 Tips on Safely Buying Real Estate in Mexico Mon, 10 Nov 2008 08:21:44 +0000 http://mexicorealestateinvestment.org/?p=173#comment-4200 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Property Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3763 5 Tips on Safely Buying Real Estate in Mexico | Property Investment Fri, 24 Oct 2008 14:30:24 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3763 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-3741 5 Tips on Safely Buying Real Estate in Mexico | Mexico Real Estate Investment | Mexico Real Estate, Retire in Mexico, Living in Mexico Thu, 23 Oct 2008 18:38:17 +0000 http://mexicorealestateinvestment.org/?p=173#comment-3741 [...] How to Lose Your Money in Mexico Real Estate [...] [...] How to Lose Your Money in Mexico Real Estate [...]

]]> By: How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-2174 How to Safely Buy Real Estate in Mexico | Mexico Real Estate Investment Tue, 26 Aug 2008 17:13:52 +0000 http://mexicorealestateinvestment.org/?p=173#comment-2174 [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...] [...] If you take these simple steps, you will have almost completely eliminated risk that the government will take your property over an ownership dispute. One word of caution is that the Mexican court system is notoriously slow and widespread corruption has been well documented. This makes getting title insurance even more important. Related Articles Do I Need a Lawyer to Invest in Mexico Real Estate How to Lose Your Money in Mexico Real Estate [...]

]]> By: dennis http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-1056 dennis Sun, 03 Aug 2008 17:23:50 +0000 http://mexicorealestateinvestment.org/?p=173#comment-1056 Regarding the Earnest money deposit. I am selling a house in Merida from here in the states. My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived. He has only given me a letter from Intercam stating that it is in the account - no signature. Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account? Thanks for your help Regarding the Earnest money deposit.
I am selling a house in Merida from here in the states.
My real estate agent has found a buyer, and told me that he has sent the Earnest money however, has not provided me with a copy of the wire transfer which says that it has arrived.
He has only given me a letter from Intercam stating that it is in the account – no signature.
Is this legal, or should I demand to see a copy of the transfer stating that it is in an earnest money account?
Thanks for your help

]]> By: Kathy http://www.mexicorealestateinvestment.org/how-to-lose-your-money-in-mexico-real-estate/00173/comment-page-1#comment-156 Kathy Sun, 06 Jul 2008 15:24:59 +0000 http://mexicorealestateinvestment.org/?p=173#comment-156 I couldn't agree more with the advice to get title insurance. As a realtor in the U.S., I advise ALL clients to get title insurance. Nine times out of ten they don't need it, but that 10th time can be a real killer! And to buy land far away in another jurisdiction, it would be 100 times more valuable. Don't skip this step. I couldn’t agree more with the advice to get title insurance. As a realtor in the U.S., I advise ALL clients to get title insurance. Nine times out of ten they don’t need it, but that 10th time can be a real killer! And to buy land far away in another jurisdiction, it would be 100 times more valuable. Don’t skip this step.

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