BajaNomad

Construction Loans

Dizzy - 8-31-2008 at 03:55 PM

Greetings-

I am a gringo living in the States who hopes to retire in Southern Baja soon. I have purchased a piece of land, and my fideicomiso trust is complete. After discussing my plans with several builders, seeing examples of their work first-hand, and having recieved initial estimates, I have pretty much decided on a builder.

One little problem...I forgot to save up.

My credit is excellent however, and though I have done some research on the internet, I was wondering if any of you who have financed construction of a home in Mexico would be willing to share your stories (success or horror) or provide recommendations (please!) for the company with whom you did business.

To be clear, I am looking for construction loan/financing information only...I have heard plenty of actual construction stories (good and bad) from my amigos.

Cheers, and thanks in advance.

-Dizzy.