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Author: Subject: Don’t Leave Your Brain at the Border When Buying or Selling Real Estate in Loreto
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Registered: 5-28-2018
Location: Santa Rosalia, BCS, Mexico
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smile.gif posted on 5-28-2018 at 09:32 AM
Don’t Leave Your Brain at the Border When Buying or Selling Real Estate in Loreto


Purchasing or selling a house can sometimes be a complex matter; even more so when this property is located in another country like Mexico.

In my practice as a Mexican real estate lawyer, specialized in advising US citizens as to acquiring homes in Mexico, I have seen multiple situations in which buyers have made very costly mistakes by not getting proper legal advice in due time, before closing a deal.

Mexico is a great place to invest, but like any other place in the world, commercial practices and laws vary widely from those of the United States. Clarity in legal issues is hard to foresee in Mexico without expert legal advice.

It would be a wise decision for real estate professional to suggest buyers and sellers to seek the advice of an impartial specialized Mexican real estate attorney before formalizing any real estate transaction.

Don’t make the common mistake of believing that Mexican public notaries are there to pursue the best interest of the party that pays his or her fees. This is not always true. Public notaries in Mexico are government appointed officials whose role is to certify that a real estate transaction is performed in accordance with the requirements of Mexican Civil and Tax Laws.

If you have any questions on this matter or any other topic related to Mexican real estate law, please do not hesitate to contact me any time for a free real estate broker and (friends) consultation.

Ernesto Elías
Attorney-at-Law/Abogado
Carr. Transpeninsular ( Federal Hwy 1) Km 1.5, Costa Azul, Santa Rosalia, BCS, México 23920.
(Next to Hotel el Morro)

www.baja-lawyer.com

Cellular phone from Mexico: 615 1108 117
Cellular phone from US and Canada: +52 1 615 1108117
E-mail: ernestoaeliase@yahoo.com.mx
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tiotomasbcs
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[*] posted on 5-28-2018 at 03:18 PM


Sounds good...do tell us about your experience and years of practice in Baja. Recomendations are invaluable! I have lived and loved in Baja for over 20yrs! Interested in your reply. Tio


[Edited on 5-28-2018 by tiotomasbcs]

[Edited on 5-28-2018 by tiotomasbcs]
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chuckie
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[*] posted on 5-28-2018 at 03:44 PM


Please supply US references as well...Thankyou



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advrider
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[*] posted on 5-28-2018 at 05:27 PM


Would love to know some of the other common mistakes you see people make. I will be looking to buy in the next two years, so any and all information is appreciated..
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