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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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BEAUTIFUL RANCHO PACKARD HOUSE FOR SALE
Nice place....fer sure.
"YOU CAN'T LITTER ALUMINUM"
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JC43
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Posts: 498
Registered: 6-21-2014
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I agree grudgingly b/c it is Dennis who said it first. But I agree:::: One of the best places I have seen for sale in Baja.
Congrats to the owners!
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SFandH
Elite Nomad
Posts: 7084
Registered: 8-5-2011
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Wow! Nice house!
I've often thought Punta Banda is like Point Loma in San Diego but with a lot less people.
Perfect year round climate.
If anybody is thinking "maybe" and is not familiar with Punta Banda, check it out.
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motoged
Elite Nomad
Posts: 6481
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Location: Kamloops, BC
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Nice place....
How stable are those hillsides?
http://www.witpress.com/Secure/elibrary/papers/9781845646509/9781845646509011FU1.pdf
Don't believe everything you think....
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osterhusm
Newbie
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Registered: 3-15-2016
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We have had the property since 1990 and the house was built in 2002. The hillsides are stable. See the virtual tour at:
www.bajaoceanviewdreamhome.com
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Bajahowodd
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Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Awesome place. Can't imagine it being on the market for long.
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DianaT
Select Nomad
Posts: 10020
Registered: 12-17-2004
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Is the current land lease transferable and if so, how many years remain on the lease.
Thank you --- BEAUTIFUL PLACE
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Very. They've been here for over a hundred years.
"YOU CAN'T LITTER ALUMINUM"
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Quote: Originally posted by osterhusm  | | The Esparza family has promised that the new buyer will have a new lease that is the same as the existing one. The lease payment is $125 per month.
Feel free to call us for details at: (619) 249-1286. |
Meaningless.
"YOU CAN'T LITTER ALUMINUM"
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EnsenadaDr
Banned
Posts: 5027
Registered: 9-12-2011
Location: Baja California
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Mood: Move on. It is just a chapter in the past, but don't close the book- just turn the page
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The income bracket in Point Loma is in the upper echelon of retirees. Point Loma residents that own their home also own their land. Punta Banda is
very nice but comparing it to Point Loma is stretching it considerably. Also the Punta Banda Yacht Club cannot compare to Point Loma Sportfishing!! I
am certainly not in the social circles of Point Loma that is for sure, neither the financial ones.
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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| Quote: Originally posted by osterhusm | | ... Money transactions are conducted through U.S. banks with contracts subject to U.S. laws, which are generally certified by a notary.
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what if you are from Italy or france or Canada and not the USA
I think transactions are due in Mexico and taxes too
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Technically, the lessor, the landlord, owns everything attached to his property. I don't say this only to be argumentative. I also live, with a
sizable investment, on leased land, and accepted this fact from the git-go.
Anyway...wadda ya gonna do if the lease isn't renewed? Pick up your home and head down the road?
Leases, if in fact they are real, legal, and binding can be written for no longer than ten years minus one day. Any "promises" to give extensions,
the ol' 10 plus 10 plus whatever, are unenforceable in court. Absolute nonsense
I only wish sellers would get their facts straight before offering them to the market.
On the other hand..."caveat emptor" and due diligence are on the buyer.
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[Edited on 3-18-2016 by DENNIS]
"YOU CAN'T LITTER ALUMINUM"
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mtgoat666
Select Nomad
Posts: 18407
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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| Quote: Originally posted by SFandH | Wow! Nice house!
I've often thought Punta Banda is like Point Loma in San Diego but with a lot less people.
Perfect year round climate.
If anybody is thinking "maybe" and is not familiar with Punta Banda, check it out. |
Punta Banda is nothing like pt Loma. Perhaps a superficial resemblance in they are both geographic largish hilly points. That's like saying lake
Washington and Arctic Ocean are the same because they are both water.
Re real estate. Put Loma has safe title, Mexico does not, so any purchase should be looked at as potentially lost money
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EnsenadaDr
Banned
Posts: 5027
Registered: 9-12-2011
Location: Baja California
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Mood: Move on. It is just a chapter in the past, but don't close the book- just turn the page
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My daughter will be 18 in a year and a half and has dual citizenship. Would this help with buying land on the ocean area? | Quote: Originally posted by DENNIS |
Technically, the lessor, the landlord, owns everything attached to his property. I don't say this only to be argumentative. I also live, with a
sizable investment, on leased land, and accepted this fact from the git-go.
Anyway...wadda ya gonna do if the lease isn't renewed? Pick up your home and head down the road?
Leases, if in fact they are real, legal, and binding can be written for no longer than ten years minus one day. Any "promises" to give extensions,
the ol' 10 plus 10 plus whatever, are unenforceable in court. Absolute nonsense
I only wish sellers would get their facts straight before offering them to the market.
On the other hand..."caveat emptor" and due diligence are on the buyer.
.
[Edited on 3-18-2016 by DENNIS] |
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EnsenadaDr
Banned
Posts: 5027
Registered: 9-12-2011
Location: Baja California
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Mood: Move on. It is just a chapter in the past, but don't close the book- just turn the page
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Not to belabor a point but Point Loma has its own culture and relatively "old" San Diego money. Depending what you are looking for. Punta Banda has
it's own clique but many renegades that are their own person.You will fit into Punta Banda no matter what type of person you are, unless of course you
aren't accepting of the Mexican culture and lifestyle. | Quote: Originally posted by mtgoat666 | | Quote: Originally posted by SFandH | Wow! Nice house!
I've often thought Punta Banda is like Point Loma in San Diego but with a lot less people.
Perfect year round climate.
If anybody is thinking "maybe" and is not familiar with Punta Banda, check it out. |
Punta Banda is nothing like pt Loma. Perhaps a superficial resemblance in they are both geographic largish hilly points. That's like saying lake
Washington and Arctic Ocean are the same because they are both water.
Re real estate. Put Loma has safe title, Mexico does not, so any purchase should be looked at as potentially lost money |
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: Originally posted by EnsenadaDr | | My daughter will be 18 in a year and a half and has dual citizenship. Would this help with buying land on the ocean area |
The property in question isn't for sale.
"YOU CAN'T LITTER ALUMINUM"
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: Originally posted by osterhusm | | All lease hold improvements (house and any structures) are owned by the lessee. The land is leased from the property owner who pays any appropriate
taxes, while the lessee pays only the lease payments agreed to in the land lease contract. Transfer of ownership of lease hold improvements is
conducted entirely between buyer and seller, with separate negotiations regarding a land lease done solely with the property owner. Money transactions
are conducted through U.S. banks with contracts subject to U.S. laws, which are generally certified by a notary. |
Could anyone who has invested so much time and money on a house in Mexico, truly be this misinformed?
I'm not sure where I would begin...so I won't.
Good luck with your sale.
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[Edited on 3-18-2016 by DENNIS]
"YOU CAN'T LITTER ALUMINUM"
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chuckie
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Clearly they could, Dennis.....and a lot are....
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Yeah...I suppose you're right, Chuckie. Sad....ain't it.
"YOU CAN'T LITTER ALUMINUM"
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
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On the other hand, not all property owners are bandits.
So it helps to know the folks you're dealing with. Not the realtor.
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