Buying Real Estate In Mexico? Safety Guaranteed!
Thinking about buying real estate in Mexico, but you’re concerned that your investment won’t be safe? At one time, your concerns would have been very valid, but right now, you can be assured of the safety of buying Puerto Vallarta real estate through Select Mexico Properties.
The Mexican federal government has enacted reforms that protect people buying real estate in Mexico. These reforms are used by foreign owners and Mexican citizens alike, and they’ve made the process of buying land in Mexico very safe. For foreign owners in Puerto Vallarta, the title to your land must be held in a bank trust called a fideicomiso. The bank trust holds the deed to the property and you, the owner, are the beneficiary of the trust.
Since this trust method of ownership has been established, no one buying land in Mexico has lost their ownership stake. This testifies to the strength of this method of land ownership. In addition to the fideicomiso, you can also get title insurance for your purchase.
Select Mexico Properties doesn’t sell land without title insurance, so you can be assured that you will have a clear title to the land. The land ownership history has been well-researched and documented, so your purchase of land is free from hidden ownership claims by third parties. Should any issue arise, your purchase is protected by title insurance. You cannot lose money.
Select Mexico Properties has some of the most beautiful and desirable luxury properties along Mexico’s Pacific Coast. These parcels are being sold right now and the number of inquiries are growing. If you’d like more information about Select Mexico Properties’ San Pancho properties, please contact a Select Mexico Properties sales representative today.
Photo Credit: Lars Sundström
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