BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: buying property
thebeckster
Junior Nomad
*




Posts: 34
Registered: 2-28-2017
Member Is Offline


[*] posted on 2-28-2017 at 01:38 PM
buying property


how does anyone know if all of these people with their so called developments are legit? anyone can put on a dog and pony show. how do you check them out and if they have all the proper permits, permission, and are qualified to do what they are claiming????
View user's profile
pacificobob
Super Nomad
****




Posts: 2237
Registered: 4-23-2006
Member Is Offline


[*] posted on 2-28-2017 at 02:30 PM


if they tell you "water coming soon" that is a clue.
View user's profile
larryC
Super Nomad
****




Posts: 1482
Registered: 8-11-2008
Location: BoLA
Member Is Offline


[*] posted on 2-28-2017 at 02:33 PM


Use a Notario, ( special Mexican attorney authorized to do land deals) and follow his guidance. You need somebody on your side when you are doing deals like that. Don't use their attorneys.



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.
View user's profile
sancho
Ultra Nomad
*****




Posts: 2524
Registered: 10-6-2004
Location: OC So Cal
Member Is Offline


[*] posted on 2-28-2017 at 09:12 PM


Quote: Originally posted by pacificobob  
if they tell you "water coming soon" that is a clue.








Or the electrical will be run to your lot tomorrow









View user's profile
gnukid
Ultra Nomad
*****




Posts: 4410
Registered: 7-2-2006
Member Is Offline


[*] posted on 2-28-2017 at 09:20 PM


If it's not already built, it probably won't be anytime soon. Developments seem more likely to fail since there are so many variables compared to a one to one sales. I wouldn't trust a development owned by a corporation as a "shareholder".
View user's profile
mtgoat666
Select Nomad
*******




Posts: 17291
Registered: 9-16-2006
Location: San Diego
Member Is Online

Mood: Hot n spicy

[*] posted on 2-28-2017 at 09:34 PM


Quote: Originally posted by thebeckster  
how does anyone know if all of these people with their so called developments are legit? anyone can put on a dog and pony show. how do you check them out and if they have all the proper permits, permission, and are qualified to do what they are claiming????


Don't pay into a development before it is built. Too many developments fail, many many developments fail, and people that paid money never see it again. Look at Donald trump's development in Baja. Many people paid him 6 figures and they never even poured the first yard of concrete.
And there are plenty of already-built homes in Baja to choose from.
View user's profile
Udo
Elite Nomad
******


Avatar


Posts: 6321
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline

Mood: TEQUILA!

[*] posted on 3-1-2017 at 08:51 AM


I have yet to see a "development" built in recent memory. Many of them are actually started with drug money.



Udo

Youth is wasted on the young!

View user's profile
cliffh
Nomad
**




Posts: 325
Registered: 1-23-2010
Location: buena vista, BCS
Member Is Offline


[*] posted on 3-1-2017 at 09:31 AM


Quote: Originally posted by larryC  
Use a Notario, ( special Mexican attorney authorized to do land deals) and follow his guidance. You need somebody on your side when you are doing deals like that. Don't use their attorneys.


You can get a pretty good idea of what is going on in all the towns etc., by spending a few evenings in the local watering holes where the Gringo's go for a drink. Notario is a must.
View user's profile
thebeckster
Junior Nomad
*




Posts: 34
Registered: 2-28-2017
Member Is Offline


[*] posted on 3-2-2017 at 08:59 PM


Thanks for all of the good advice. Sounds like there is no shortage of scammers! Guess you just have to learn to identify the smell of BS!
View user's profile
Leo
Senior Nomad
***


Avatar


Posts: 518
Registered: 9-23-2004
Location: Todos Santos
Member Is Offline

Mood: could be better

[*] posted on 3-2-2017 at 09:16 PM


Since you asked, Beckster, I wrote a book on this. A few chapters handle just this problem. Look for 'Living or Retiring in Mexico' available at Amazon.com. www.amazon.com/Living-Retiring-Mexico-need-before/dp/0973552...



The grass is always greener....
and so, there is always a better spot in Baja
View user's profile Visit user's homepage
mtgoat666
Select Nomad
*******




Posts: 17291
Registered: 9-16-2006
Location: San Diego
Member Is Online

Mood: Hot n spicy

[*] posted on 3-2-2017 at 10:23 PM


Quote: Originally posted by thebeckster  
Thanks for all of the good advice. Sounds like there is no shortage of scammers! Guess you just have to learn to identify the smell of BS!


I think most developers are not scammers (yes, there are some scams). I think developers often have good intentions, but their projects just fail.
View user's profile

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262