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toneart
Ultra Nomad
Posts: 4901
Registered: 7-23-2006
Member Is Offline
Mood: Skeptical
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What kind of time do you have? Are you working or can you take a year off and rent in Baja? Go slowly. You can do all your hobbies and enjoy them much
better without jumping into being a land or homeowner. You will have to test your level for stress tolerance. Have fun! Settle into your desired
community.
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Russ
Elite Nomad
Posts: 6742
Registered: 7-4-2004
Location: Punta Chivato
Member Is Offline
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You most likely will have to filter the info cuz we do get off track from time to time but there's a lot of good stuff. After you get a list of
questions try to ask them in more likable way. Being labled a "TROLL" is not what most here strive for. Some do. You won't need an attorney but some
one honorable that has done this before. There you're going to have to do some leg work and find out who the people in the area you're interested in
are using or have used. Before you give anyone a down payment for your property you'll want to get a report from SEMERNAT about the status of the land
and what needs to be done before starting improvements. Don't take some ones word that everything is fine.
Bahia Concepcion where life starts...given a chance!
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norte
Super Nomad
Posts: 1163
Registered: 10-8-2008
Member Is Offline
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Oh I am so sorry. Most people I know who can't hear, yet go to college, put words to paper beautifully. Your case must be very difficult.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by norte
Oh I am so sorry. Most people I know who can't hear, yet go to college, put words to paper beautifully. Your case must be very difficult.
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We are a tough crowd of fast learners. 
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Udo
Elite Nomad
Posts: 6346
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
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| Quote: | | Stewart Title, Bank Trust and fideiocamiso. |
| Quote: | | I could be incorrect, however, I think the correct spelling for fido is Fideicomiso. Either of the two words would work in a search.
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Udo
Youth is wasted on the young!
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BajaNuts
Super Nomad
Posts: 1085
Registered: 5-11-2008
Location: eastern WA, the DRY side
Member Is Offline
Mood: no worry, no hurry....it's all good!
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here's some posts to read-
buying ejido land
http://forums.bajanomad.com/viewthread.php?tid=38902
labor laws
http://forums.bajanomad.com/viewthread.php?tid=40304
and here's a link to the forum about baja building, lots of posts, look for the topics of interest-
http://forums.bajanomad.com/forumdisplay.php?fid=51
lots of good reading in that forum.
If you go to the forum's home page, you will see all the different forum topics and you can look for the topic of interest to you. The Today's Posts
shows all the topics posted today. Start with the topic of interest, work your way through.
Welcome! hope this helps-
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slimshady
Nomad
Posts: 291
Registered: 9-3-2008
Member Is Offline
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I own several properties around the Los Cabos area and Los Barriles. Rules to follow and info to consider
1. Don't buy Ejido Land
2. U.S. Real Estate Agents and Companies mean nothing. Licensing is not required to sell real estate in Mexico. MLS means squat. Just because they
speak English and are from the U.S. does not mean they won't rip you off.
3. Don't put a Deposit Down on anything unless your willing to lose it. 5k is fair.
4. 5k to 8k is a fair price for a FIDO
5. Don't put huge amounts of money down on future planned condo developments. The Developer will blow all the money even before the Project is
complete.(Trump Baja).
6. Find someone who is a Mexican who knows how to search titles in La Paz. The books are old and in Spanish. They will see if the property you are
selling is really Lien free and without lawsuit issues.
7. Use the above person to verify and assist you in dealing with the realtor. The Realtor may not like it but they they will at least watch your back.
8. If you find a realtor you can trust, They should glady assist you any future purchases even if they are not the sales agents.
9. Be prepared to walk away from any deal for any reason. Other properties will come.
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Osprey
Ultra Nomad
Posts: 3694
Registered: 5-23-2004
Location: Baja Ca. Sur
Member Is Offline
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Scripta manent, verba volent -- "Written words remain while verbal words fly away". No one you meet in Baja California should mind writing (in English
or Spanish) what you need to learn from them when you meet face to face. You'll be the only one I know who will be in front of the pack as concerns
who said what to whom, where, when, on what date and no one will be offended by your request. You'll also have the acquired supersense of knowing when
that same person is being fair, straight and open with you. Maybe others should tune into your upcoming experiences. We can all learn -- never too
late. (Well, maybe for me).
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805gregg
Super Nomad
Posts: 1344
Registered: 5-21-2006
Location: Ojai, Ca
Member Is Offline
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| Quote: | Originally posted by slimshady
I own several properties around the Los Cabos area and Los Barriles. Rules to follow and info to consider
1. Don't buy Ejido Land
2. U.S. Real Estate Agents and Companies mean nothing. Licensing is not required to sell real estate in Mexico. MLS means squat. Just because they
speak English and are from the U.S. does not mean they won't rip you off.
3. Don't put a Deposit Down on anything unless your willing to lose it. 5k is fair.
4. 5k to 8k is a fair price for a FIDO
5. Don't put huge amounts of money down on future planned condo developments. The Developer will blow all the money even before the Project is
complete.(Trump Baja).
6. Find someone who is a Mexican who knows how to search titles in La Paz. The books are old and in Spanish. They will see if the property you are
selling is really Lien free and without lawsuit issues.
7. Use the above person to verify and assist you in dealing with the realtor. The Realtor may not like it but they they will at least watch your back.
8. If you find a realtor you can trust, They should glady assist you any future purchases even if they are not the sales agents.
9. Be prepared to walk away from any deal for any reason. Other properties will come. |
Great response, some good info there, thanks.
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