Ebook The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know Jackie Bondanza 9781601381316 Books
Download As PDF : The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know Jackie Bondanza 9781601381316 Books
More than a million Americans own second homes in Mexico, according to the National Association of Realtors. 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.<br><br>The U.S. State Department estimates that there are 385,000 Americans permanently living in Mexico, almost twice the number from a decade ago. Many are buying new waterfront resorts targeted to Americans in popular destinations like Puerto Vallarta, Cancun, Sonora, and the Baja Peninsula. The laid-back lure of Mexico’s beaches, forests, deserts, people, fishing, golf, and culture has been capturing visitors and second-home buyers for decades. Buying property in Mexico has become easier as a result of the North American Free Trade Agreement and through the use of this groundbreaking new book. Most living expenses are cheaper in Mexico, making this very appealing to retirees or those able to telecommute.<br><br>Now is the time for that second home purchase in Mexico, before the prices climb even higher. Recent figures from the National Association of Realtors show an upward trend in the number of second homes purchased for investment purposes. Investing in a second home now will be a great way to increase your net worth when you retire, if done properly.<br><br>You will learn precisely what to look for in a real estate investment and buying prospects, as well as how to make your current home groundwork for potential real estate investments, how to find the best opportunities, how to set values, how to buy with little or no money down, how to close, how to decide where to purchase, how to choose and hire a realtor, how to use your IRA, how to hire an attorney, and how to calculate monthly payments. You also will become knowledgeable about negotiating, financing, budgets, needs and wants, credit reports, home-buying timelines, the process of building a house, manufactured homes, real estate and mortgage terms, home warranties, homeowners insurance, creative financing, moving plans, walk-throughs, closing and settlement inspections, legal contracts, mortgages, what you can afford, which government agencies can help, the offer, and escrow. This book is a must-have for the investor considering a second home below the border.<br><br>Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president’s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed. <br><br><br><b><i>This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version. </b></i>
Ebook The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know Jackie Bondanza 9781601381316 Books
"The whole idea of investing in real estate can be a touchy subject in the post-housing-bubble and (hopefully) post-recession climate, but the general cause of that reticence is fear of the unknown. Jackie Bondanza's Complete Guide to Buying a Second Home or Real Estate in Mexico is a clear, informative, comprehensive resource that details exactly what to expect, what questions to ask, what to look for, and how to go about purchasing real estate in Los Cabos, Mazatlan, Puerto Vallarta, Guadalajara, and many other beautiful regions of Mexico.
Over the past twenty years, the process of purchasing property in Mexico has been reformed and regulated, so that it is now similar to the process in the United States. Although there have been a couple of high-profile real-estate debacles highlighted in the last decade (Trump Ocean Resort in Baja, and the Baja Beach and Tennis Club in Punta Banda), Bondanza emphasizes that these examples are not the norm but should be considered instructive: know what you are looking for and follow the proper purchase steps--all of which are detailed in this guide.
Bondanza breaks this book into four consecutive parts, ordered in the same way the purchase process itself would proceed: part 1 outlines the different types of property available in Mexico, the legal system, and the investment process; part 2 guides the reader in finding a real estate agent, attorney and bank, issues of buying versus building as well as the option of renting out your property; part 3 focuses on the nitty-gritty of the purchase itself, including determining right to sell, contracts, negotiations, appraisals, and financing; and part 4 outlines the practical aspects of living in Mexico, from climate to medical services and transportation.
Overall, Bondanza's guide is well-organized, informative, and thorough, taking many of the questions out of what could otherwise be a nerve-wracking process. And Bondanza makes a timely point: unlike the volatile U.S. housing market, Mexico's real estate market has been slowly and steadily growing."
Product details
|
Tags : The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know [Jackie Bondanza] on . More than a million Americans own second homes in Mexico, according to the National Association of Realtors. As home prices in the U.S. hit record highs,Jackie Bondanza,The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know,Atlantic Publishing Company,160138131X,Personal Finance - Investing,Real Estate - General,House buying - Mexico,House buying;Mexico.,Real estate investment - Mexico,Real estate investment;Mexico.,Second homes - Mexico,Second homes;Mexico.,Business Investing / General,BUSINESS ECONOMICS / Investments Securities,BUSINESS ECONOMICS / Personal Finance / Investing,BUSINESS ECONOMICS / Real Estate / Buying Selling Homes,BUSINESS ECONOMICS / Real Estate / General,Business Economics,Business / Economics / Finance,Business/Economics,GENERAL,General Adult,HOUSE HOME / General,House Home / Reference,House buying,House buying - Mexico,House buying;Mexico.,How-to/Do-it-yourself,Mexico,Non-Fiction,Personal Finance,Personal Finance - Investing,Property real estate,REAL ESTATE INVESTMENT,Real Estate - Buying Selling Homes,Real Estate - General,Real estate investment - Mexico,Real estate investment;Mexico.,Second homes,Second homes - Mexico,Second homes;Mexico.,United States,second home; house; mexican; ira; foreign; real estate; property; market; Mexico Real Estate Laws; mexico; vacation home; rent; appraisal; guide; purchasing; Business Investing > Industries Professions > Real Estate; south of border,BUSINESS ECONOMICS / Investments Securities,BUSINESS ECONOMICS / Personal Finance / Investing,BUSINESS ECONOMICS / Real Estate / Buying Selling Homes,BUSINESS ECONOMICS / Real Estate / General,HOUSE HOME / General,House Home / Reference,Real Estate - Buying Selling Homes,Business / Economics / Finance,House buying,Mexico,Second homes,Real Estate Investment,Business Economics,Business/Economics,Property real estate
The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know Jackie Bondanza 9781601381316 Books Reviews :
The Complete Guide to Buying a Second Home or Real Estate in Mexico Insider Secrets You Need to Know Insider Secrets You Need to Know Jackie Bondanza 9781601381316 Books Reviews
- One of many books on buying real estate in a Mexico. As good as any of the others, maybe a bit better.
- Rent
- Great information learned a lot and getting ready to put the info to the test while shopping for a home in the Yucatan I will let you know
- Mexican real estate has changed drastically over the past two decades, and in The Complete Guide to Buying a Second Home or Real Estate in Mexico, Jackie Bondanza explains the ins and outs for prospective buyers. With case studies, charts, and an extensive look at every possibility, this book explains what properties foreigners can buy, how many contracts are required, how closing costs may differ from that of the U.S., and even top locations with the best deals.
Curious about the differences between purchasing Ejihad land, restricted zones, or private property? Want to know which properties must be appraised by the government or what measures are being taken to protect land buyers? Bondanza informs, prepares, and cautions potential buyers on what they should know about purchasing real estate internationally.
The book is broken down into several sections, explaining what to expect, starting the search, following through with the purchase, and what to expect while living in a foreign country. This book is an extremely well-researched, easy-to-read guide that is a must have for anyone considering purchasing land in Mexico. - The whole idea of investing in real estate can be a touchy subject in the post-housing-bubble and (hopefully) post-recession climate, but the general cause of that reticence is fear of the unknown. Jackie Bondanza's Complete Guide to Buying a Second Home or Real Estate in Mexico is a clear, informative, comprehensive resource that details exactly what to expect, what questions to ask, what to look for, and how to go about purchasing real estate in Los Cabos, Mazatlan, Puerto Vallarta, Guadalajara, and many other beautiful regions of Mexico.
Over the past twenty years, the process of purchasing property in Mexico has been reformed and regulated, so that it is now similar to the process in the United States. Although there have been a couple of high-profile real-estate debacles highlighted in the last decade (Trump Ocean Resort in Baja, and the Baja Beach and Tennis Club in Punta Banda), Bondanza emphasizes that these examples are not the norm but should be considered instructive know what you are looking for and follow the proper purchase steps--all of which are detailed in this guide.
Bondanza breaks this book into four consecutive parts, ordered in the same way the purchase process itself would proceed part 1 outlines the different types of property available in Mexico, the legal system, and the investment process; part 2 guides the reader in finding a real estate agent, attorney and bank, issues of buying versus building as well as the option of renting out your property; part 3 focuses on the nitty-gritty of the purchase itself, including determining right to sell, contracts, negotiations, appraisals, and financing; and part 4 outlines the practical aspects of living in Mexico, from climate to medical services and transportation.
Overall, Bondanza's guide is well-organized, informative, and thorough, taking many of the questions out of what could otherwise be a nerve-wracking process. And Bondanza makes a timely point unlike the volatile U.S. housing market, Mexico's real estate market has been slowly and steadily growing. - This book, written by experts in the real estate field, provides a comprehensive analysis of proper procedures for purchasing property in Mexico. It details what to expect from the entire endeavor, include what to expect from the government, human guides, groups with competing interests, costs associated with your home (like air conditioning and taxes), obtaining medical care (which can prove tricky), complications with establishing residency, creating plans should you consider moving, and navigating the surrounding area. Along with tips from professionals in the real estate field, the book also contains many case studies, involving both success and failure, that demonstrate the perils and merits of investing in a home in Mexico.
The Complete Guide is divided into four parts (What You Should Know Before You Buy, Beginning Your Search, The Process of of Purchasing, Financing, and Securing Your Investment, and Mexican Living). Like the majority of the book, the sections are divided in a chronological fashion, so you can start from the very beginning of even considering purchasing a second home. Part One, for example, provides details that will help one decide whether investing in a Mexican home is even a prudent decision and goes on to detail major discrepancies between purchasing real estate in the U.S. and Mexico. One of the most worthwhile parts is "Understanding the Investment Process," because so many Mexican customs are different from the U.S. versions, and the portion regarding the Mexican legal system, which, naturally, also differs from the U.S.
Like the latter section, the book contains invaluable resources for understanding what to expect from the entire buying experience. Bondanza provides information pertaining to the seemingly innumerable financial, legal, and real estate intricacies of buying Mexican property and then goes on to describe the behavioral adaptations one must make to make a successful purchase (e.g. when negotiating, go 5-30% lower than asking price and maintain a friendly demeanor). She then goes on to describing what to expect when living in largely different geographic and climate conditions (which are mostly beautiful). Also mentioned are some drawbacks (e.g. medical care is tricky, the legal system poses some restrictions if one is deemed a "foreigner" if they don't meet certain criteria, some hidden fees may accrue if one isn't careful).
Put simply, the title is extremely accurate. This book really is a Complete Guide to Buying a Second Home or Real Estate in Mexico. It covers every aspect one would likely find, even in their wildest dreams (apart from parrots), when attempting to purchase Mexican property. While Bondanza's writing may be objective and lacking a great deal of personality (she was a journalism major, after all), that is not the point the point is to prepare the reader for every dimension he or she may encounter when pursuing a second home or real estate in Mexico, and Bondanza does so in an extremely thorough, all-encompassing fashion.
(4/5 stars)
