BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: Rosarito area home loan and house purchase
rgrobin
Newbie





Posts: 1
Registered: 11-1-2014
Location: Southern California
Member Is Offline


[*] posted on 11-1-2014 at 06:58 PM
Rosarito area home loan and house purchase


Hello,

I would like to find out what is step-by-step process to:
1/ get prequalified or even better preapproved for a hous eloan for Mexico property, and
2/ purchase a house in Rosarito area.

Thank you.
View user's profile
Mula
Super Nomad
****




Posts: 1655
Registered: 8-16-2011
Location: San Nicolas y Lopez Mateos
Member Is Offline


[*] posted on 11-1-2014 at 07:38 PM


Dream on.
View user's profile
bajaguy
Elite Nomad
******




Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline

Mood: must be 5 O'clock somewhere in Baja

[*] posted on 11-1-2014 at 07:42 PM


I don't think you will find a US lender that will finance a house/property in Mexico.

Why not Ensenada instead of Rosarito??

Rent first, you will be happier

What is your Baja/Mexico experience??




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




Posts: 3288
Registered: 1-11-2007
Location: Buena Vista BCS
Member Is Offline

Mood: Tranquilo

[*] posted on 11-1-2014 at 07:54 PM


Welcome to Nomads rgrobin, good luck with your search. It is possible to get financing on Mexico property but the rates etc. are prohibitive. Better to rent till you can afford to pay cash or find some owner financing.



"Life is tough".....It's even tougher if you're stupid.....
View user's profile
mex-gringo
Newbie





Posts: 4
Registered: 1-9-2015
Member Is Offline


[*] posted on 1-9-2015 at 04:28 PM


If you own property in the US and have built equity you can refinance and pull the cash from there. That's how I purchased my home in Rosarito 10 years ago and I'm still enjoying it.
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