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redmesa
Senior Nomad
Posts: 580
Registered: 3-12-2008
Location: Van Isle and Bahia Asuncion
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Bajaguy
That is such a great idea!!
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Pacifico
Super Nomad
Posts: 1299
Registered: 5-26-2008
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| Quote: | Originally posted by bajaguy
| Quote: | | ........ I shall be choosing a suitable candidate for this beauty soon...no shortage of buyers. |
Have him do a raffle and sell tickets at $100USD a ticket!!
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Bajaguy, This is actually an excellent idea! I would think he could easily get what he wants for the place but more than likely he would end up with a
lot more money......
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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Heck, I'll evev buy two tickets at $100 each to start things off......and I don't even know where the place is........
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KAT54
Nomad
Posts: 263
Registered: 3-7-2006
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Warning Warning Warning
Edijo LAND!!!
Is not it a fact that only a Mexican can buy this as Shari decribes?
Does the lot have a regular deed?
Maybe the buyer should just burn $3500?
Is there a lease?
If it isn't a wood shack then why no pictures?
Who would live in a house without a bathroom?
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by KAT54
Who would live in a house without a bathroom? |
It works if you can't afford food. 
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Osprey
Ultra Nomad
Posts: 3694
Registered: 5-23-2004
Location: Baja Ca. Sur
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That's almost a half acre of land with a nice view of the ocean. If you like an ocean view with a fixer upper on it you take the owner to a notario or
Corett to get the deed, arrange a sales agreement, enter into a fideicomiso all for about $10,000 U.S. That's couch cushion change for a place that
close to superb fishing and easy living.
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DianaT
Select Nomad
Posts: 10020
Registered: 12-17-2004
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| Quote: | Originally posted by Osprey
That's almost a half acre of land with a nice view of the ocean. If you like an ocean view with a fixer upper on it you take the owner to a notario or
Corett to get the deed, arrange a sales agreement, enter into a fideicomiso all for about $10,000 U.S. That's couch cushion change for a place that
close to superb fishing and easy living. |
Doesn't it make a difference as to how far the break-up of the ejido has progressed? We have friends who paid for some ejido land in Bahia Asuncion
that had been divided, so there was one seller. However, they have been waiting for a few years and still cannot put the land in their corporation.
They have been told it is being held up in Mexico City??
They are not really concerned that it will happen, however, it is just a matter of when and they don't want to proceed with any plans until
completed.
Boy, the price of a fidieocamiso sure has gone up!
Kat, there are still a number of people in our area who only have outhouses---it is changing, however. Besides, in our area building a septic is just
not that expensive and can be done quickly. It is not a big deal.
[Edited on 3-29-2010 by DianaT]
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redmesa
Senior Nomad
Posts: 580
Registered: 3-12-2008
Location: Van Isle and Bahia Asuncion
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my ejido
We have an ejido property that was titled to one man who was able to transfer it to our corporation with no problem. Ya just never know how the
bureaucracy is going to work. For 3500, the risk is pretty small if that is the lot you really want.
I think if we had to do it over again we would look for a long term rental each year rather than buying and building. I am tired of commitments and
hassles.
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shari
Select Nomad
Posts: 13048
Registered: 3-10-2006
Location: bahia asuncion, baja sur
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Mood: there is no reality except the one contained within us "Herman Hesse"
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hi again...sorry I didnt answer right away...it's sunday, I had lunch with some pals, welcomed 3 nomad families and drank some beer with dear Zoe on
the patio...busy busy busy. It is semana santa and last nights birthday party was a doozie...trip report with more accordian accompanyment as well as
incriminating photos to come....maybe.
So to answer some of Kat's questions...the seller told me yesterday about this..no time to go to San H to take photos....I will look through mine to
see if I have one somewhere. The title is in the owners name and can be put into a fidi ora notary can get you something in between to make it
yours...gringo or not. Several people have the same type of titled land here and have no problems. It's not a lease, you own it. I have lived most of
my adult life without an indoor bathroom...it really is no big deal. Outhouses can be most pleasant. ONe can easily put a septic system in there for
around $800 for a simple one...then toilets are another hundred bucks...plumbing...etc etc...hmmm...but you can make a pretty nice outhouse for a
hundred bucks!!!
i couldnt find any pics of this house but here is a little album of photos from when we took some friends there to hang with Juan's sister's
family...way fun.
http://picasaweb.google.ca/sharibondy/SanHipolitoVisitWithLe...
[Edited on 3-29-2010 by shari]
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BajaHombre
Newbie
Posts: 22
Registered: 8-27-2009
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| Quote: |
Have him do a raffle and sell tickets at $100USD a ticket!!
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I'm with BajaGuy. I'd buy a $100 raffle ticket!
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longlegsinlapaz
Super Nomad
Posts: 1685
Registered: 11-18-2005
Location: La Paz
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Ejido legalities & title issues aside, IMO, how much money the land owner might need to send his son to University is a moot point. The salient
fact is that the land alone is most likely worth appreciably more than $3,500 USD. I think it's doing a huge disservice to the seller to not have him
at least investigate the values of land in that area & advise him to price it accordingly. In my mind, too many people take advantage of the
locals lack of factual knowledge. The seller obviously needs funds for a highly commendable reason....don't take advantage of his short-term need by
screwing him! This could be a terrific win/win situation for both seller & buyer....$3500 for 1,920 square meters of view property is, IMO,
rape!
Sorry all you raffle ticket holders! While the idea is good in theory, what happens if only $1,500 worth of raffle tickets
were sold? Would any of you in good faith honestly expect the seller to hand
his land over to the winning ticket holder?
Edit: Maybe an auction would make more sense!!
[Edited on 3-30-2010 by longlegsinlapaz]
Edit #2...typo
[Edited on 3-30-2010 by longlegsinlapaz]
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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Legs...............I would set a minimum amount (say $5000)....if the minimum was not reached, no sale and return the money.........heck, might even
just pass along my donation to the kid......at least he wants to pursue an education
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