BajaNomad

Fideocomiso questions

Anonymous - 1-8-2005 at 12:54 PM

I am buying property on the East Cape in BCS. For those of you that have gone through the fideocomiso process, I would like to know, what you paid, which bank you use, and what your annual fee is.
Other people interviewed here use Banorte or Bital, and the fees are running about $300-$350 annually, but great ranges on fees for obtaining the fideo vary greatly.
Any info on notarios, banks, etc. would be helpful.
Thanks.
PS The weather is great here on the East Cape (La Ribera), a little windy, but last week had several perfect fishing days, tuna and dorado dinners were perfect.

bajajudy - 1-9-2005 at 07:40 AM

Our fideocomisos are both a fixed rate...cannot go up. You might want to get that into the contract.