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Buying Real Estate In Mexico Is Safe

Buying Real Estate In Mexico Is SafeBuying real estate in Mexico has never been safer than it is today. Mexican laws governing property ownership have been changed, largely to protect the buyer and to add a measure of safety for banks that finance property purchases.

There is a lot of really desirable real estate in Mexico, and the Mexican constitution limits how some of this land can be owned. To complicate things further, possessing title to land in Mexico is not the only way an ownership claim can be established. To establish clear ownership claims, investors who purchase land within 50 km of a coastline or 100 km of a national border must hold the title to their land in a fideicomiso.

Mexican law requires that a prospective owner establish a fideicomiso to hold the title to land. The bank acts as a trustee for the title, and has a responsibility to act in the sole interest of the trust beneficiary – you! Since the fideicomiso was established, not one single owner has lost claim to his or her land.

In addition to the fideicomiso, buyers can purchase title insurance through companies like First American Title or Stewart Title on any property sold by Select Mexico Properties. Having the fideicomiso and title insurance on your property means that you’ll never have to risk a dime when buying real estate in Mexico. Frankly, we wouldn’t have it any other way.

We want you to feel secure about your ownership claims when buying real estate in Mexico from Select Mexico Properties. We only sell land that comes with a clear title, and you can further insure your investment with title insurance from one of the most well respected title insurance companies in North America. In addition, we make all of the information we have about a property available to you before you purchase anything. When you sign a sales contract with Select Mexico Properties, you’ll know as much about the land you’re buying as we do.

If you’re ready to make what quite possibly could be the best investment of your life, please contact a Select Mexico Properties sales representative today and let us show you how buying real estate in Mexico can give you the financial security and peace of mind you’re looking for.

Photo Credit: Sophie

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Posted on Tuesday, June 24th, 2008 at 5:55 am In
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