How can we understand the real estate Mexico.

ArticleYou presented by the user saw a superb piece of property at the Mexico oceanfront and you are addicted. Is their dream retirement on the beach on the edge of the realized. But there are some things you need to know when you conclude a contract. To sign the agreement of purchase and sale, make sure that you understand how to keep the title of your package of Mexican paradise.Difficulty: ModerateInstructionsThings you need: A real estate agent, a known company.A of reputable escrow preference Trustworty Companyâ good Notario Publico (notary) 1If your property is located within a radius of 60 miles from the border or 30 miles from the coast, to "Trust" or trust Trust.The of Mexican bank protects your investment by Mexican your choice as a trustee of the trust and the beneficiary bank to act as. This means that the Mexican bank or administrator takes beneficiary instructions only - you. 2The trust period is for a period of 50 years and is renewable by more 50 years 3As the beneficiary of the trust, have the right to occupy and possess the property that add rent, build, or suggestions for improvement to make necessary. 4Get think a title search. Get owner-record a large chain of title to more than 1 or 2. declining 5Invest for insurance. Is insurance by us as a trusted company. Surprises. 6Use uncomfortable to avoid a trust company services. Keep your money in an escrow insured your confidence is complete. 7Make account ensure your action of the title or "Reach" properly registered was with the Mexican Office property tax (land) and the public registry of property and Commerce (Registro Publico de l) has property y el Comerç(io). 8Pay your taxes every year. "Cadastre" you will not notice mail. Make sure that your real estate agent, please, if you set an account for the purposes of numbers your taxes, payment or wire funds can send from your bank to the United States.