Soup up Your Storage Closet and Storage space is a big one on many home buyers wish list. It always seems that there is never enough. Make the most of the space you have by buying and installing closet storage organizing systems making the most of the space you do have. It is especially important
Closing Costs in Mexico are very different than what the US or Canadian Citizen would be used to paying when purchasing a property in their home country. In Mexico, the closings costs associated with purchasing property are assessed to the buyer. They are not a shared cost between buyer and seller and the fees are
Property Taxes in Mexico are typically very low compared to most parts of Canada and the United States. The tax amount for each year is available after the 7th of January each year. You can check your property taxes online by entering your clave catastral (tax ID number). You will find this number written on
Are you planning to sell your home? Then, you are probably looking for a life upgrade – a larger house, or your downsizing, maybe a more suitable location or you just simply need a change. Either way, you have to follow several steps in order to make sure this is really a decision that is
This is one of the most common questions from foreigners who are interested in purchasing property in Mexico. Even if you don’t ask the question you have probably thought it a time or two and wondered if there really was such a risk. One would expect that you’re going to go through all the proper
After finding your prized property of choice the next point of purchasing Real Estate is the negotiation between a buyer and seller. The real and fair value of the property is what a buyer is willing to pay and what a seller is willing to accept. In the cases of a buyer capital gain being
Mistake #1 – Incorrect Pricing Every seller naturally wants to get the most money for his or her product. The most common mistake that causes sellers to get less than they hope for, however, is listing too high. Listings reach the greatest proportion of potential buyers shortly after they reach the market. If a property
Capital gains tax law in Mexico states that tax is owed on the profit you receive when you sell your home or property. For a foreigner purchasing property in Mexico who is a non-tax resident of Mexico, the capital gains tax deductions allowed are: Inflationary credit: Applied for each year of property ownership. Depreciation of
Timeshare resale fraud has become increasingly prevalent in the past years with unsolicited contact by someone claiming to have a buyer for your timeshare or to be a representative of a company that specializes in finding buyers in the US or Canada for your Mexico timeshare. This unsolicited contact likely are fraudsters. I receive many
The Cabo market draws buyers primarily from the USA and Canada. With flights having expanded it’s possible for buyers to visit regardless of their geographical location. However, a US or Canadian citizen remains the top two buyers for our area. The Baja weather is the biggest draw with low humidity and 350+ days a year
