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jonesinbaja
Banned
Posts: 4
Registered: 8-7-2008
Location: Spartanburg, SC
Member Is Offline
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| Quote: | Originally posted by Diver
Louis and Louis ?
Wouldn't that be Lewis and Lewis to most folks that would sue them. 
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My wife is dealing with that end of it. I got the clean up portion .
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Diver
Ultra Nomad
Posts: 4729
Registered: 11-15-2004
Member Is Offline
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Gotta love a capable wife !
Go get 'em bably !
Good luck.
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jonesinbaja
Banned
Posts: 4
Registered: 8-7-2008
Location: Spartanburg, SC
Member Is Offline
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I have not had to write a check or do any of our paperwork since I retired 10 years ago . My wife does it for us as she thinks I had seen my share of
paper after being an accountant for 40 plus years.
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vivaloha
Nomad
Posts: 140
Registered: 11-12-2007
Member Is Offline
Mood: mellow
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Rocklobster - Just to clear it up...
Sketchy deal bro...
If you bring stuff like that to BN
people will give it to you on the
real...Funky start for a newbie...
Maybe instead of trying to pull the wool...
Just admit the down-sides of the property
deal in which you are involved, drop your price
and just accept less...ask questions and you may
get a couple wise-crack answers but you might
get some baja veteran wisdom also...
Baja California can be a heaven or hell experience - often the determining factor is your AWARENESS in the moment.
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
Member Is Offline
Mood: Sling time!
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"and runs the place like a polish sausage factory."
Jonesin, you are spot on. When someone says parts of the Oasis went unaffected by Juan they are in fantasia land.
all you had to do was look at the videos Bruce shot, hell the water mark was 8 ' down to Jungle Jims! Oasis was west of that fercrissakes.....
once again - only invest what you can afford to lose and/or walk away from. a golden rule for foreign entanglements, which is what any vaca place is
sooner or later.
but my real Q is - what's up with a polish sausage factory?? i love those weenies.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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awfulart
Nomad
Posts: 260
Registered: 5-10-2003
Location: Rio Rico AZ
Member Is Offline
Mood: Wondering what our Nit-Wit elected officials are doing now?
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Quote:
A mexican one whose policy was sold by Louis and Louis out of California. I am in litigation with Louis and Louis as I can not win in a Mexican court.
I was told by the adjuster that they had paid only the early claims but had run out of money.
If it was not so pathetic, it would be funny. Insure with american companies as the Mexican ones are a gamble at best. END QUOTE
_________________________________________________________
Can American Companies sell Homeowners Insurance in Mexico, perhaps through a subsidiary? If a subsidiary, do you have a better chance of
collecting even if they "run out of $" Best check out the Mexican Company before doing business with them. I believe an explanation is in order from
Lewis and Lewis.
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
Member Is Offline
Mood: A lot cooler than Mulege
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It would make sense to me if all adds were placed on locked threads, and responses made on ether u2u or better email. no one wants the whole world to
know about there private transactions anyway. I don't know who this person is selling this house but everyone destroys any chance he has to sell his
property without knowing his situation.
Bruce R Leech
Ensenada
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Pescador
Ultra Nomad
Posts: 3587
Registered: 10-17-2002
Location: Baja California Sur
Member Is Offline
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Not to add to the confusion, but Lewis and Lewis is a surplus lines broker and sells Mexican insurance to US Buyers. They are only the seller and in
no way represent the insurance company, except through a surplus lines brokerage agreement. I would guess he insurance is through Seguros and that is
who you need to be targeting. If you can show actual losses and have complete paperwork on all claimed losses you should have a good case in court.
The problem usually lies with the fact that everybody brings lots of stuff to Mexico like TV's , refrigerators, stoves, beds, furniture, and all that
stuff and they fail to pay duty on and claim the stuff they bring in. Then you have a claim and expect it to be paid for all of your belongings when
in fact they "did not actually exist".
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awfulart
Nomad
Posts: 260
Registered: 5-10-2003
Location: Rio Rico AZ
Member Is Offline
Mood: Wondering what our Nit-Wit elected officials are doing now?
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| Quote: | Originally posted by Bruce R Leech
It would make sense to me if all adds were placed on locked threads, and responses made on ether u2u or better email. no one wants the whole world to
know about there private transactions anyway. I don't know who this person is selling this house but everyone destroys any chance he has to sell his
property without knowing his situation. |
Real Estate ads can be placed on Baja Quest and correspondence is private. Of course, you must pay a fee to advertise. You get what you pay for, at
least part of the time.
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awfulart
Nomad
Posts: 260
Registered: 5-10-2003
Location: Rio Rico AZ
Member Is Offline
Mood: Wondering what our Nit-Wit elected officials are doing now?
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| Quote: | Originally posted by Pescador
Not to add to the confusion, but Lewis and Lewis is a surplus lines broker and sells Mexican insurance to US Buyers. They are only the seller and in
no way represent the insurance company, except through a surplus lines brokerage agreement. I would guess he insurance is through Seguros and that is
who you need to be targeting. If you can show actual losses and have complete paperwork on all claimed losses you should have a good case in court.
The problem usually lies with the fact that everybody brings lots of stuff to Mexico like TV's , refrigerators, stoves, beds, furniture, and all that
stuff and they fail to pay duty on and claim the stuff they bring in. Then you have a claim and expect it to be paid for all of your belongings when
in fact they "did not actually exist". |
You are correct but Lewis and Lewis has a professional responsibility to try to represent Companies that are financially stable or inform you if
there is a potential problem. May not be possible for a Mexican Co. We have insolvency funds in the U.S. but apparently not in Mexico. Bests Guide is
the Bible for financilal stability in the U.S. not sure about Mexico.
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k-rico
Super Nomad
Posts: 2079
Registered: 7-10-2008
Location: Playas de Tijuana
Member Is Offline
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| Quote: | Originally posted by awfulart
| Quote: | Originally posted by Bruce R Leech
It would make sense to me if all adds were placed on locked threads, and responses made on ether u2u or better email. no one wants the whole world to
know about there private transactions anyway. I don't know who this person is selling this house but everyone destroys any chance he has to sell his
property without knowing his situation. |
Real Estate ads can be placed on Baja Quest and correspondence is private. Of course, you must pay a fee to advertise. You get what you pay for, at
least part of the time. |
Initially I thought Bruce's idea was a good one but on second thought, maybe Rocky has learned via these responses. Sounds like he "bought" a house on
leased land, and now is trying to "sell" it which if properly priced and the lease is recorded according to local laws, could be an OK deal, maybe.
The way I look at these deals is that you're essentially prepaying a major portion of the rent for the term of the lease. Therefore, up-front costs
plus the lease payments over the term of the lease divided by the number of months of the lease needs to work out to a REAL GOOD monthly rent, perhaps
50% of a comparable place rented on a month to month basis.
Is that good reasoning?
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
Member Is Offline
Mood: A lot cooler than Mulege
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| Quote: | Originally posted by k-rico
| Quote: | Originally posted by awfulart
| Quote: | Originally posted by Bruce R Leech
It would make sense to me if all adds were placed on locked threads, and responses made on ether u2u or better email. no one wants the whole world to
know about there private transactions anyway. I don't know who this person is selling this house but everyone destroys any chance he has to sell his
property without knowing his situation. |
Real Estate ads can be placed on Baja Quest and correspondence is private. Of course, you must pay a fee to advertise. You get what you pay for, at
least part of the time. |
Initially I thought Bruce's idea was a good one but on second thought, maybe Rocky has learned via these responses. Sounds like he "bought" a house on
leased land, and now is trying to "sell" it which if properly priced and the lease is recorded according to local laws, could be an OK deal, maybe.
The way I look at these deals is that you're essentially prepaying a major portion of the rent for the term of the lease. Therefore, up-front costs
plus the lease payments over the term of the lease divided by the number of months of the lease needs to work out to a REAL GOOD monthly rent, perhaps
50% of a comparable place rented on a month to month basis.
Is that good reasoning? |
you could be right but you also could be wrong. what you are posting is pure speculation and you don't know the situation of this person. so why
discredit a person you don't even know. shouldn't he have a fair chance to sell his house? and you can only assume that he will do the right thing and
disclose any problems with it. any perspective buyer is going to find out the truth before he closes the deal.
Bruce R Leech
Ensenada
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k-rico
Super Nomad
Posts: 2079
Registered: 7-10-2008
Location: Playas de Tijuana
Member Is Offline
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| Quote: | Originally posted by Bruce R Leech
| Quote: | Originally posted by k-rico
| Quote: | Originally posted by awfulart
| Quote: | Originally posted by Bruce R Leech
It would make sense to me if all adds were placed on locked threads, and responses made on ether u2u or better email. no one wants the whole world to
know about there private transactions anyway. I don't know who this person is selling this house but everyone destroys any chance he has to sell his
property without knowing his situation. |
Real Estate ads can be placed on Baja Quest and correspondence is private. Of course, you must pay a fee to advertise. You get what you pay for, at
least part of the time. |
Initially I thought Bruce's idea was a good one but on second thought, maybe Rocky has learned via these responses. Sounds like he "bought" a house on
leased land, and now is trying to "sell" it which if properly priced and the lease is recorded according to local laws, could be an OK deal, maybe.
The way I look at these deals is that you're essentially prepaying a major portion of the rent for the term of the lease. Therefore, up-front costs
plus the lease payments over the term of the lease divided by the number of months of the lease needs to work out to a REAL GOOD monthly rent, perhaps
50% of a comparable place rented on a month to month basis.
Is that good reasoning? |
you could be right but you also could be wrong. what you are posting is pure speculation and you don't know the situation of this person. so why
discredit a person you don't even know. shouldn't he have a fair chance to sell his house? and you can only assume that he will do the right thing and
disclose any problems with it. any perspective buyer is going to find out the truth before he closes the deal. |
I don't see how I discredited him.
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awfulart
Nomad
Posts: 260
Registered: 5-10-2003
Location: Rio Rico AZ
Member Is Offline
Mood: Wondering what our Nit-Wit elected officials are doing now?
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| Quote: | Originally posted by Bruce R Leech
| Quote: | Originally posted by k-rico
| Quote: | Originally posted by awfulart
| Quote: | Originally posted by Bruce R Leech
It would make sense to me if all adds were placed on locked threads, and responses made on ether u2u or better email. no one wants the whole world to
know about there private transactions anyway. I don't know who this person is selling this house but everyone destroys any chance he has to sell his
property without knowing his situation. |
Real Estate ads can be placed on Baja Quest and correspondence is private. Of course, you must pay a fee to advertise. You get what you pay for, at
least part of the time. |
Initially I thought Bruce's idea was a good one but on second thought, maybe Rocky has learned via these responses. Sounds like he "bought" a house on
leased land, and now is trying to "sell" it which if properly priced and the lease is recorded according to local laws, could be an OK deal, maybe.
The way I look at these deals is that you're essentially prepaying a major portion of the rent for the term of the lease. Therefore, up-front costs
plus the lease payments over the term of the lease divided by the number of months of the lease needs to work out to a REAL GOOD monthly rent, perhaps
50% of a comparable place rented on a month to month basis.
Is that good reasoning? |
you could be right but you also could be wrong. what you are posting is pure speculation and you don't know the situation of this person. so why
discredit a person you don't even know. shouldn't he have a fair chance to sell his house? and you can only assume that he will do the right thing and
disclose any problems with it. any perspective buyer is going to find out the truth before he closes the deal. |
You are right, Bruce. Some of the posts were a little harsh without having all the facts. There are many things to consider when buying in Mexico,
Is it or was it Ejido land? Is the propery free and clear? Potential development? Leased, titled, or ? If leased, what if the owner sells or dies.
Maximum 10 year lease and no renewal guarantee. Were not some Americanos evicted from a beach just south of Mulege. "Buyer beware" and use due
diligence. There are no guarantees in life particularly in Mexico.
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roundtuit
Senior Nomad
Posts: 607
Registered: 12-21-2004
Member Is Offline
Mood: Wife's Job
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I was told by many don't buy what you can't afford to walk away from in Mexico. Bought and haven't regretted it yet; D
Never learned from a book-Only from mistakes, mine and yours
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
Member Is Offline
Mood: A lot cooler than Mulege
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| Quote: | Originally posted by roundtuit
I was told by many don't buy what you can't afford to walk away from in Mexico. Bought and haven't regretted it yet; D
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you are right but do you think this is the proper place to post this info? you are turning this persons add into a thread on 1001 reasons not to buy
anything in Mexico. why don't you start a new thread for that and let this person try to sell his house
Bruce R Leech
Ensenada
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
Member Is Offline
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If the seller had represented the "sale" correctly as a purchase of improvements only with a land lease, this thread wouldn't have taken the course it
has.
A lease isn't necessarily a bad thing and can fit many, but needs full discloser upfront.
Ken
I just now noticed the "seller" has deleted all his responses.
[Edited on 8-8-2008 by tripledigitken]
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Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
Member Is Offline
Mood: A lot cooler than Mulege
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I think you guys were successful in driving off another new Nomad congratulations to all who participated you had your fun for the day.
Bruce R Leech
Ensenada
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
Member Is Offline
Mood: undecided
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Bruce R Leech, Have a copy of your flood tape. Thanks. A picture speaks a thousand words. Factoring in the lease situations, the need for lawyering-up
in hopes that everything is on the up and up(they might not even be lawyers) and a host of other tangled, twisted and convaluted issues. I'll pass on
attempting to buy property in Mulege or anywhere else in Mexico. But that's easy for me. I'm broke.
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Martyman
Super Nomad
Posts: 1904
Registered: 9-10-2004
Member Is Offline
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I learned something in this thread. Yes, this is the proper place to post ideas about the original post.
Oh yeah...and how about the part where "the insurance company ran out of money". That is the best joke of the day
Insurance companies are bankrupting the US (just like oil companies) that see the end of private healthcare and are getting the most profit before
that part of their scam runs out.
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