If you are considering buying real estate in Mexico here is some advice that might make the process a more comfortable one. The buying procedure is a little bit different than that of the United States and Canada. It is not better or worse, it is just different. A good realtor can make it very easy.
Puerto Vallarta is a wonderful place to enjoy retirement or escape snowy winters part time offering the quality of life North Americans are accustomed to. With numerous benefits like friendly people, cultural and adventure activities, endless beaches, world class medical facilities, 8 golf courses and of course the unparalleled quality of the tropical life. The population of Puerto Vallarta is approximately 350,000 inhabitants and this includes an enormous number of US and Canadians many of them property owners.
If you are thinking of making a move, make sure to get to know and check the references of your realtor or development sales agent and his/her broker or legal representative. Your realtor must be an A.M.P.I member which is the Mexican association of professional realtors. Ask him/her the following questions to get to know who you are dealing with and what their knowledge is:
- Why did you move to the Bay of Banderas?
- How long have you been practicing real estate in Mexico?
- Give me five reasons why I should work with you?
- Can you provide owner references?
- Describe your work ethic
- Do you own property in Mexico?
The latter is a good one. If your sales agent owns property in Puerto Vallarta they surely know the ins and outs of the town, know where to go and know what to do. Whether you choose to buy in Nuevo Vallarta, Bucerias, Puerto Vallarta’s Old Town, South Shore, Mismaloya, Hotel Zone, you want an expert who can guide you through every square meter of your new neighborhood.
Although buying property in a foreign country may seem tricky it’s not better or worse, it is just different, so be sure to keep an open mind when dealing with paperwork and bureaucracy.