| Pages:
1
2
3 |
JoeJustJoe
Banned
Posts: 21045
Registered: 9-9-2010
Location: Occupied Aztlan
Member Is Offline
Mood: Mad as hell
|
|
This story has a happy ending, and nobody was evicted from their homes.
It appears some scumbag named Julio Antonio Ochoa, was trying to evict 40 families many of them American ex-pats, but in the end it was Julio Antonio
Ochoa, who ended up arrested for fraud, although it appears the scumbag came close to pulling this off.
The story never seemed right to me, because if the Mexicans and ex-pats lived there all these years, the fact that even if there were title problems
with the properties, the fact they paid property taxes all those years would leave a paper trail and made it very hard to evict the homeowners.
There are a few articles about this real estate dispute going back a few months, and the home valves were listed at about $140,000, and I'm still at a
lost where the $500,000 value comes from, or possibly they are talking about the current market value.
You have to be very careful when you buy property in Mexico, especially in Rosarito, because of possible title problems, and scam artists trying to
steal property because of possibly issues with the title, and possible loopholes in the Mexican real estate law they could exploit to their
advantage.
We even had a couple of members on Baja forums, that tried something similar to what Julio Antonio Ochoa was doing but with mixed results, but in the
end they were ran out of Baja on a rail, and they were largely unsuccessful.
So many times Mexican real estate laws and justice do work, but the wheels do turn slowly.
Lets hope "Six Flags" still builds their two theme parks.
|
|
|
mexicali-kid
Junior Nomad
Posts: 44
Registered: 4-28-2014
Member Is Offline
|
|
Yes, Stewart Title offers title insurance in Mexico.
http://www.stewart.com/en/customer-type/international/reside...
|
|
|
Lee
Ultra Nomad
Posts: 3564
Registered: 10-2-2006
Location: High in the Colorado Rockies
Member Is Offline
|
|
I've used Stewart (think the office was NYC) and it was like pulling teeth. Property in Todos, search dragged out 4-5 months, didn't return calls,
or emails. Still, don't buy anything with a title search.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
|
|
|
willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
Member Is Offline
|
|
well at least for now the home owners can breath a sigh of relief 
|
|
|
SFandH
Elite Nomad
Posts: 7213
Registered: 8-5-2011
Member Is Offline
|
|
Maybe somebody can make sense of this lengthy article from January in Zeta. The google translator does a pretty good job but it looks like even if the
translation was perfect, the issues would still be difficult to understand.
http://zetatijuana.com/2016/01/18/colonos-de-baja-del-mar-en...
|
|
|
rts551
Elite Nomad
Posts: 6700
Registered: 9-5-2003
Member Is Offline
|
|
Quote: Originally posted by JoeJustJoe  | This story has a happy ending, and nobody was evicted from their homes.
It appears some scumbag named Julio Antonio Ochoa, was trying to evict 40 families many of them American ex-pats, but in the end it was Julio Antonio
Ochoa, who ended up arrested for fraud, although it appears the scumbag came close to pulling this off.
The story never seemed right to me, because if the Mexicans and ex-pats lived there all these years, the fact that even if there were title problems
with the properties, the fact they paid property taxes all those years would leave a paper trail and made it very hard to evict the homeowners.
There are a few articles about this real estate dispute going back a few months, and the home valves were listed at about $140,000, and I'm still at a
lost where the $500,000 value comes from, or possibly they are talking about the current market value.
You have to be very careful when you buy property in Mexico, especially in Rosarito, because of possible title problems, and scam artists trying to
steal property because of possibly issues with the title, and possible loopholes in the Mexican real estate law they could exploit to their
advantage.
We even had a couple of members on Baja forums, that tried something similar to what Julio Antonio Ochoa was doing but with mixed results, but in the
end they were ran out of Baja on a rail, and they were largely unsuccessful.
So many times Mexican real estate laws and justice do work, but the wheels do turn slowly.
Lets hope "Six Flags" still builds their two theme parks.
|
How did you make the leap to a happy ending? The judgement still stands. Ochoa was stopped from evicting the tenants because he was making false
statements. This has been going on for 20 years and will continue. Maybe you are trying to sell real estate in the area?????
|
|
|
JoeJustJoe
Banned
Posts: 21045
Registered: 9-9-2010
Location: Occupied Aztlan
Member Is Offline
Mood: Mad as hell
|
|
| Quote: Originally posted by rts551 |
[/rquote]
How did you make the leap to a happy ending? The judgement still stands. Ochoa was stopped from evicting the tenants because he was making false
statements. This has been going on for 20 years and will continue. Maybe you are trying to sell real estate in the area?????
|
I made the leap because I know how to read English and Spanish, and do my own research and if I have any trouble with a few Spanish words, I could use
Google translate, or have my smart phone translate at a push of a button.
The question Rts551 is where are you getting your information from? I ask because there are some Baja sites that only post the bad news, and if there
is any good news out of the stories like this, that part is usually ignored.
What I read is that some Mexican starting selling land in the area in the 80's, to some character who then transferred the rights of the land to Julio
Antonio Ochoa, the scumbag who is trying to steal the land, but later in the 90's under a master trust of some bank that is now HSBC. They made an
agreement with Ochoa and another person and paid them $300,000 for his debt of the land.
That meant Ochoa was paid off, and assignments of those rights should have transferred to the new owners, but for some reason it wasn't property
recorded, and Ochoa and company were still listed as owners of record.
From what I'm reading Ochoa is just trying to take advantage of the situation, but who know what other fraudulent schemes Ochoa committed, that
landed him in jail, but it's doubtful he still has a legal case when it could be proven he was paid off years ago, and all the other facts are
starting to come out.
|
|
|
mtgoat666
Select Nomad
Posts: 19239
Registered: 9-16-2006
Location: San Diego
Member Is Offline
Mood: Hot n spicy
|
|
Roller coasters are scary enough, without the added fear of Mexico's sometimes shaky building standards,...
I doubt they will get many USA guests, as most so cal peeps are afraid to travel south of the border, and the border xing going north is a miserable
experience for many, most, all?
| Quote: Originally posted by JoeJustJoe | I'm excited and really hope a couple of "Six Flag" theme parks in Rosarito will be built, if not for US tourism, then at least for local Mexican kids
get a chance to visit such a great fun theme park, but lets hope the tickets will be cheaper in Rosarito.
I recall the good old days when I used to pack the family in the van for a trip to Six Flags Magic Mountain, in Valencia Ca, where the temperate
always seemed to be nearly 100 degrees in the summer months.
It would be so much nicer to take a trip to "Six Flags" in Rosarito, right over the border, with your kids or grand-kids, and the temperature in the
70's.
___________________________________________
Here is another article in English from San Diego Red:
Six Flags in Talks for Theme Park in Rosarito, Baja California
Negotiations are being made to develop the land into a new commercial complex
ROSARITO.In an exclusive interview with the La Jornada Baja California, the Mayor-elect of Rosarito, Mirna Rincón Vargas, revealed that American
investors have huge plans to develop land along the coast, which includes a Six Flags ammusement park near the Playas de Rosarito Convention Center.
The plan not only includes the Six Flags project, but also an water park, condominiums, malls and even a hospital.
Rincón mentioned that the project has been officially presented to her and that the area chosen for the project might include a bridge the goes over
the Rosarito scenic road. This would not only attract Baja’s regional populace, but San Diegans that actually live closer to this area than the one
located in Los Angeles.
According to Rincón, the construction could be completed in three years, but deals are still being made with the current owners of the land.
Rumors about a possible Six Flags or other amusement parks in the area aren't new, but confirmation from the Mayor-elect that there are indeed genuine
talks about bringing the brand to Baja, are.
Six Flags already has a park in Mexico City and there are official talks to set one up in the northern city of Monterrey, but there haven't been any
official comments from the company about a possible Rosarito one.
By the way, do you know why it's named "Six Flags"? Because of these ones:
Those are the six flags of the countries that Texas, where the theme park was founded, has belonged to: Spain, France, Mexico, the Republic of Texas,
the Confederate States of America and, finally, the United States of America.
Via La Jornada BC
http://www.sandiegored.com/noticias/75863/Six-Flags-in-Talks...
|
|
|
|
JoeJustJoe
Banned
Posts: 21045
Registered: 9-9-2010
Location: Occupied Aztlan
Member Is Offline
Mood: Mad as hell
|
|
| Quote: Originally posted by mexicali-kid | Title insurance would have been a good idea. Of course hind site is 20/20. but maybe this will help those of you thinking of buying in the future.
It's a small price to pay for peace of mind.
|
So would have title insurance here save the headache the people of Baja Del Mar went through or any place else in Mexico?
Many in Mexico feel title insurance is just a redundant and expensive unnecessarily feature because the "Notario" also researches the titles looking
at the Registro Publico, the same exact ways a title insurance company will.
Of course if the Notario makes a mistake, it's unlikely he will pay for that mistake, but the question is, will a title insurance make you whole
again In Mexico?
I would say that would depend of the fine print, and the "exclusions" of their policy. I would always read the fine print, because there are a few
common exclusions title companies make especially in Baja.
|
|
|
| Pages:
1
2
3 |
|
![[*]](images/xmbforum/default_icon.gif){kind=icon}
