jrbaja
Ultra Nomad
Posts: 4863
Registered: 2-2-2003
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Foreigners scams in Baja
LORETO BAY !!!
Friends went down to look into buying. 
There was a representative there from Arizona and one from Canada. For starters, neither of the representatives knew about or had even heard of
"ejido land".
Next, they were promising a certain number of homes being completed in 3 mos. and they were just starting to stake out lots.
Then there were clauses including stipulations of having to by linens, etc., from the corporation.
My friends have a lot of money. They were serious when they went down there to investigate. They came back laughing as they felt it was one of the
biggest yet least honest developer scams they had encountered.
And the real funny part to them was, a bunch of people have actually fallen for this unresearched project designed to take their money.
This is a LOT more obvious and blatant than Punta Banda ever was !!
And Punta Banda had access to water!
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Germanicus
Nomad
Posts: 214
Registered: 6-13-2004
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JR, I'm missing one word you are normally using > it seems to me, not often enough:
Gringo behaviour.
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jrbaja
Ultra Nomad
Posts: 4863
Registered: 2-2-2003
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I think this one was originally
a canadian idea. Then later the gringo developers wanted a piece.
Either way, it's a scam!
Is that better ?
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surfer jim
Super Nomad
Posts: 1891
Registered: 8-29-2003
Location: high desert
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All better now....
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mcgyver
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Posts: 444
Registered: 8-22-2003
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Scam! Lindens? Thats nuts!!
jrbaja, I have seen some leases that were wrote up to say that you had to buy all your building supplies and furnishings through the leassor! A newbie
came to me with one last year like that and we took it to the tourist bureau. They told us that not only was it ilegal but there was a goverment form
to use for leasing that was supposed to be used but the campo owners don't like it because they want 10% of a sale. My neighbor and I took our leases
to a lawyer and then renegoiciated them to comply. In Mexico as anywhere use a lawyer. Real Estate Property matters are handeled in Mexico by a
notary, way different than one in the USA and there are not very many of them around. I learn something new everyday!
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Skeet/Loreto
Ultra Nomad
Posts: 4709
Registered: 9-2-2003
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As I have so often Posted, Do business in the Capitol City of the State where lies the property.
For Baja Sur i have made many transactions without problems.
I have used Miguel Izuierdo
Tele Fax 612 123-1844
La Paz. on all of my Business,finding him very Honest and Trustworthy.
Skeet/Loreto
"In God I Trust"
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jrbaja
Ultra Nomad
Posts: 4863
Registered: 2-2-2003
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We all thought that was pretty nuts as well
and got a good laugh out of it. There was a lot more too but that was sufficient to tell my friends, ah ha, this is a real "up n up" operation
hahahahaha.
They didn't get their money by being stupid. Guess that's why they still have it
I bet there aren't too many of these new homeowners that know much about Baja. We will be hearing from them in the future. I'll bring the cheese
!
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wilderone
Ultra Nomad
Posts: 3784
Registered: 2-9-2004
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They can't say we didn't warn them.
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