| Pages:
1
2 |
bajamoosey
Newbie
Posts: 11
Registered: 9-10-2013
Location: british columbia
Member Is Offline
|
|
los naranjos
we are thinking about buying a lot at los naranjos but have heard some bad things mostly about armando the owner anybody have any information ?
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by bajamoosey
we are thinking about buying a lot at los naranjos but have heard some bad things mostly about armando the owner anybody have any information ?
|
Welcome to BajaNomad, bajamoosey.
If that's all the information you have, something you heard, feel fortunate and run like the wind. You don't need to know any more.
|
|
|
absinvestor
Senior Nomad
Posts: 725
Registered: 11-28-2009
Member Is Offline
|
|
Agree with Dennis- run like the wind!!
|
|
|
tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
Member Is Offline
|
|
What they said.
Any move to "buy" property in Mexico should be delayed until the goverment finalizes their move to allow foreigners to buy within the coastal zone.
IMO
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by tripledigitken
What they said.
Any move to "buy" property in Mexico should be delayed until the goverment finalizes their move to allow foreigners to buy within the coastal zone.
IMO |
Just don't hold your breath while you wait. 
|
|
|
Debbie
Newbie
Posts: 6
Registered: 1-31-2013
Member Is Offline
|
|
My husband and I own property in Los Naranjos and have never had any problems with Senior Armando. He has always treated us fair. He does watch out
for all the property in the development, so I think that is why you might of heard something bad. But the good news is when you are not around your
property he is watching out for it It is a really beautiful place <3
|
|
|
larryC
Super Nomad
Posts: 1482
Registered: 8-11-2008
Location: BoLA
Member Is Offline
|
|
No information, but maybe go down there and talk to the other lot owners and some of the locals. That will give you a better picture of what is
actually going on. I'm not sure why some on this board are always discouraging others from property deals when many of them live down here happily.
There are a lot of good oportunities down here, you just need to find one that is right for you.
Larry
Off grid, 12-190 watt evergreen solar panels on solar trackers, 2-3648 stacked Outback inverters, 610ah LiFePo4 48v battery bank, FM 60 and MX60
Outback charge controllers, X-240 Outback transformer for 240v from inverters, 6500 watt Kubota diesel generator.
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by larryC
I'm not sure why some on this board are always discouraging others from property deals when many of them live down here happily. There are a lot of
good oportunities down here, you just need to find one that is right for you.
Larry |
I have a high regard for the power of rumor down here...especially negative rumor. So much of it turns out to be prophetic.
But, you're right. He should look further into it before making a decision. Just don't make inquiries at a house with "4-sale" signs.
|
|
|
David K
Honored Nomad
Posts: 64525
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
|
|
Check or search posts with Mexray who was there for years.
|
|
|
Alm
Ultra Nomad
Posts: 2716
Registered: 5-10-2011
Member Is Offline
|
|
I thought it was naranjAs, but it doesn't matter. What I'm curious about is - how bad rumors about the owner can affect the decision to buy or not to
buy? Other than possible but unlikely scenario of pure scam, i.e. when you pay money and never get anything in return, - after you've bought it and
signed a Fideicomisco making the bank a legal owner, it doesn't matter who you - or, rather, the bank - bought it from.
Unless of course you are "buying a lease" like many foreigners do, paying some 20-30-40K and getting the right to camp on this lot, on uncertain lease
conditions and with no property rights, possibly with some structures already existing on the lot, and paying annual camping fees same as you did
before. Then - yes, it does matter who is the seller because he remains the owner and your landlord.
In either scenario, there can be such thing as "federal land" - few feet of the beach next to the high tide line - and there are restrictions on what
you can put there.
[Edited on 9-10-2013 by Alm]
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by Alm
I thought it was naranjAs, but it doesn't matter. |
Not sure, although they are different words entirely......naranjos being orange trees, and naranjas being oranges.
|
|
|
absinvestor
Senior Nomad
Posts: 725
Registered: 11-28-2009
Member Is Offline
|
|
Larry and Dennis are correct. During my time in El Burro I have spoken to several people that live(d) in Naranjos that are not happy. Some said the
rent had been increased in the middle of the contract etc. (Fighting a Mexican for your "rights" in Mexico is more than an uphill battle.) I have no
idea if what they said is true or false or if there is more to the story. The residents will be happy to talk to you. As Dennis suggests, don't expect
an accurate opinion when talking to the residents that have homes for sale!!!
|
|
|
monoloco
Elite Nomad
Posts: 6667
Registered: 7-13-2009
Location: Pescadero BCS
Member Is Offline
|
|
Just remember that a lease in Mexico is only valid for a maximum of 10 years, after that you have nothing and no leverage for bargaining.
"The future ain't what it used to be"
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by monoloco
Just remember that a lease in Mexico is only valid for a maximum of 10 years, after that you have nothing and no leverage for bargaining.
|
Also keep in mind, leases here are much more often rental agreements and all parties have to be in Mexico with legal status to even begin litigation
should the need arise.
Don't enter into a "lease/rental agreement" if you aren't assured of the honor which motivates a landlord, and keep in mind his successors who will,
or won't, honor his agreements.
The lease isn't for everybody....certainly not the insecure who won't get away from the American mindset of law protecting them.
Also....nothing is forever. Nothing.
|
|
|
Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
|
|
| Quote: | Originally posted by tripledigitken
What they said.
Any move to "buy" property in Mexico should be delayed until the goverment finalizes their move to allow foreigners to buy within the coastal zone.
IMO |
Do you have any current knowledge of any movement towards that, or does it still fit under the category of when pigs fly?
This same government is seemingly trying to allow constitutional change for badly needed foreign involvement in petroleum development and is facing
very stiff opposition.
|
|
|
mulegemichael
Super Nomad
Posts: 2310
Registered: 12-24-2007
Location: sequim,wa. and mulege
Member Is Offline
Mood: up on step
|
|
ah yes...naranjo, ja, ji...whatever...we've heard both bad and "ok" stuff...nothing really really good but it's really really good clam digging down
there so i like armando and everyone around as i don't have to pay for my "improvements"...which is not quite like, "ownership"...both of these things
can be rewarding but it's all up to the "landlord" how you get a final "happy ending"...really...was i clear here???...
dyslexia is never having to say you\'re yrros.
|
|
|
tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
Member Is Offline
|
|
It's been in various news reports for the last couple of months, it's working it's way through the gov. process. Will it happen, time will tell.
http://www.huffingtonpost.com/2013/04/24/mexico-land-buying-...
| Quote: | Originally posted by Bajahowodd
| Quote: | Originally posted by tripledigitken
What they said.
Any move to "buy" property in Mexico should be delayed until the goverment finalizes their move to allow foreigners to buy within the coastal zone.
IMO |
Do you have any current knowledge of any movement towards that............... |
[Edited on 9-11-2013 by tripledigitken]
|
|
|
Mulegena
Super Nomad
Posts: 2412
Registered: 11-7-2006
Member Is Offline
|
|
Come down and rent... for at least a year.
Get your feet on the ground and really get to know what's going on.
I'm a fulltimer in Mulege and fully integrated into the community. Feel free to u2u.
"Raise your words, not your voice. It's rain that grows flowers, not thunder." ~Rumi
"It's the mark of an educated mind to be able to entertain a thought without accepting it." ~ Aristotle
|
|
|
durrelllrobert
Elite Nomad
Posts: 7393
Registered: 11-22-2007
Location: Punta Banda BC
Member Is Offline
Mood: thriving in Baja
|
|
| Quote: | Originally posted by monoloco
Just remember that a lease in Mexico is only valid for a maximum of 10 years, after that you have nothing and no leverage for bargaining.
|
I have friends that have a beach front property on the spit down here in Punta Banda. They told me that they had to pay the land owner $120,000 CASH
upfront to get their 50 year lease.
[Edited on 9-11-2013 by durrelllrobert]
Bob Durrell
|
|
|
monoloco
Elite Nomad
Posts: 6667
Registered: 7-13-2009
Location: Pescadero BCS
Member Is Offline
|
|
| Quote: | Originally posted by durrelllrobert
| Quote: | Originally posted by monoloco
Just remember that a lease in Mexico is only valid for a maximum of 10 years, after that you have nothing and no leverage for bargaining.
|
I have friends that have a beach front property on the spit down here in Punta Banda. They told me that they had to pay the land owner $120,000 CASH
upfront to get their 50 year lease.
[Edited on 9-11-2013 by durrelllrobert] |
Maybe the term of that lease is in dog years.
"The future ain't what it used to be"
|
|
|
| Pages:
1
2 |
![[*]](images/xmbforum/default_icon.gif){kind=icon}
