As home prices in the U.S. hit record highs, Mexico has emerged as a solid contender for people who are considering either buying second homes or investing in a vacation home or future retirement properties. The U.S. State Department estimates that there are 385,000 Americans permanently living in Mexico. The Complete Guide to Buying a Second Home or Real Estate in Mexico will detail precisely what to look for in real estate investments and buying prospects, as well as how to find the best opportunities, buy with little or no money down, decide where to purchase, and how to choose and hire a realtor. You also will become knowledgeable about negotiating and financing, budgets, home-buying timelines, the process of building a house, homeowners' insurance, creative financing, closing and settlement inspections, legal contracts, what you can afford, and which government agencies can help. This book is a must-have for the investor considering a second home below the border.
"I've vacationed in Mexico many times and, even as an experienced real estate broker, I had no idea how to purchase property in this wonderful country. Thanks to The Complete Guide to Buying a Second Home or Real Estate in Mexico, I'm clear on what I want and how to buy it because this practical book tells you everything you need to know. It's written in an easy-to-read, conversational style and makes sure you ask all of the right questions to avoid the many potential pitfalls to owning your little piece of paradise." —Michael Soon Lee, CRS, GRI, Broker/Owner of Realty Unlimited and Author, 111 Ways to Justify Your Commission