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How To Acquire Property In Mexico

When it comes to purchasing a fractional ownership or real estate property in Mexico the process of making an offer is very similar to how one makes an offer in the United States or Canada. However, the escrow and title process is different. So, we encourage you to research this process, and to work only with honest experienced real estate professionals. At SAWO Fractional Ownership and Private Residence Clubs, we count with professionals that can assist you through the entire purchase process.

The exact process for purchasing a vacation home in Mexico will vary in each case but, you (or your lawyer) will follow a process similar to the steps bellow. Please find a step by step guide to buying and selling real estate in Mexico along with a very useful FAQ's section. 

Contact your mortgage adviser for prequalification. Getting pre-qualified for a loan before you go house hunting will greatly facilitate your negotiations and make for a smoother transaction.

You will need a real estate agent to help you find properties in the right location and price range. At SAWO Fractional Ownership and Private Residence Clubs we count with professionals that can assist you through the search process to achieve one goal: Find Your Dream Home.

There are basically six steps to begin your search and selecting  your investment property options.

1. 1) Define Your Budget: Before beginning to review fractional ownership properties, it is important to ensure your budget on your investment, besides the purchase price you have to take in consideration 7% of the purchase price for the estimated closing costs and other expenses related with the investment transaction here in Mexico.
3. You can consider Finance for Mexican sources where interest rates are usually higher or find an American or Canadian mortgage company that works for you in Mexico.

1. 2) Define Your  Fractional Ownership Property Criteria: In order for us to efficiently select options of fractional ownership properties for you to review, that match your dream home criteria, we ask that you help us by filling out the property questionnaire just click here.
3. Once that you fill the questionnaire we will prepare listing options for you with the criteria outlined from your questionnaire and e-mail this listings to you. At this step your feedback is valuable and necessary to include in your Fractional Ownership for Investors Tour the  real estate listings that you are interested in.

1. 3) Browse  Fractional Property Listings: Besides our effort to find you properties that could match your search criteria, you could start searching properties by yourself. Please click here to view our listing of recommended properties and developments.
3. Once you find the vacation home that you desire, your real estate agent will confirm that the home can be legally sold and will work with you to submit an offer of price, terms and any contingencies.
5. Just select the properties that you are more attracted to. Please click on view details, and use the request more info button found beside the photos to send to us the selected property information. With this information, we will be able to identify the property that you found interesting and be able to send you further detailed information.

1. 4) Navigate Our Fractional Ownership Web Page to Learn More: We design our web page to be full of tools and useful information for fractional ownership and private residence club buyers and sellers that want to invest in Mexico. Please feel free to Navigate our web site to find more than 800 listing options for fractional ownership, real estate properties, home improvement tips, life style tips, fractional ownership articles, information about our communities. Also you will find financing options, mortgage calculators FAQ´s and more.

1. 5) Ask Questions: Please feel free to contact us and ask as many questions as you want about the legal details, tax matters, purchasing process, closing cost and other estimated fees. We will be more than happy to help you in any aspect during your acquisition process.

1. 6) Prepare Your Itinerary to Visit The Mexican Caribbean: Once that you have chosen your list of selected properties, you can program your Fractional Ownership Tour for Investors to see the properties. One of our qualified agents would act as your personal concierge picking you up at your hotel, introducing you to Playa del Carmen area, answering all your questions and showing you the properties previously selected on your list and  also other properties that you could see on the driving tour.

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