thebeckster
Junior Nomad
Posts: 34
Registered: 2-28-2017
Member Is Offline
|
|
buying property
how does anyone know if all of these people with their so called developments are legit? anyone can put on a dog and pony show. how do you check
them out and if they have all the proper permits, permission, and are qualified to do what they are claiming????
|
|
pacificobob
Super Nomad
Posts: 2308
Registered: 4-23-2006
Member Is Offline
|
|
if they tell you "water coming soon" that is a clue.
|
|
larryC
Super Nomad
Posts: 1496
Registered: 8-11-2008
Location: BoLA
Member Is Offline
|
|
Use a Notario, ( special Mexican attorney authorized to do land deals) and follow his guidance. You need somebody on your side when you are doing
deals like that. Don't use their attorneys.
Off grid, 12-190 watt evergreen solar panels on solar trackers, 2-3648 stacked Outback inverters, 610ah LiFePo4 48v battery bank, FM 60 and MX60
Outback charge controllers, X-240 Outback transformer for 240v from inverters, 6500 watt Kubota diesel generator.
|
|
sancho
Ultra Nomad
Posts: 2524
Registered: 10-6-2004
Location: OC So Cal
Member Is Offline
|
|
Or the electrical will be run to your lot tomorrow
|
|
gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
|
|
If it's not already built, it probably won't be anytime soon. Developments seem more likely to fail since there are so many variables compared to a
one to one sales. I wouldn't trust a development owned by a corporation as a "shareholder".
|
|
mtgoat666
Select Nomad
Posts: 18398
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
|
|
Quote: Originally posted by thebeckster | how does anyone know if all of these people with their so called developments are legit? anyone can put on a dog and pony show. how do you check
them out and if they have all the proper permits, permission, and are qualified to do what they are claiming???? |
Don't pay into a development before it is built. Too many developments fail, many many developments fail, and people that paid money never see it
again. Look at Donald trump's development in Baja. Many people paid him 6 figures and they never even poured the first yard of concrete.
And there are plenty of already-built homes in Baja to choose from.
|
|
Udo
Elite Nomad
Posts: 6346
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
|
|
I have yet to see a "development" built in recent memory. Many of them are actually started with drug money.
Udo
Youth is wasted on the young!
|
|
cliffh
Nomad
Posts: 325
Registered: 1-23-2010
Location: buena vista, BCS
Member Is Offline
|
|
Quote: Originally posted by larryC | Use a Notario, ( special Mexican attorney authorized to do land deals) and follow his guidance. You need somebody on your side when you are doing
deals like that. Don't use their attorneys. |
You can get a pretty good idea of what is going on in all the towns etc., by spending a few evenings in the local watering holes where the Gringo's go
for a drink. Notario is a must.
|
|
thebeckster
Junior Nomad
Posts: 34
Registered: 2-28-2017
Member Is Offline
|
|
Thanks for all of the good advice. Sounds like there is no shortage of scammers! Guess you just have to learn to identify the smell of BS!
|
|
Leo
Senior Nomad
Posts: 518
Registered: 9-23-2004
Location: Todos Santos
Member Is Offline
Mood: could be better
|
|
Since you asked, Beckster, I wrote a book on this. A few chapters handle just this problem. Look for 'Living or Retiring in Mexico' available at
Amazon.com. www.amazon.com/Living-Retiring-Mexico-need-before/dp/0973552...
The grass is always greener....
and so, there is always a better spot in Baja
|
|
mtgoat666
Select Nomad
Posts: 18398
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
|
|
Quote: Originally posted by thebeckster | Thanks for all of the good advice. Sounds like there is no shortage of scammers! Guess you just have to learn to identify the smell of BS!
|
I think most developers are not scammers (yes, there are some scams). I think developers often have good intentions, but their projects just fail.
|
|