HOW TO PURCHASE PROPERTY IN BAJA - PowerPoint PPT Presentation

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HOW TO PURCHASE PROPERTY IN BAJA

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Instituto de Desarrollo Inmobiliario y la Vivienda (INDIVI) ... Life styles. Culture. Mexican Markets. Crisis=Opportunities. Affordable prices: Housing, ... – PowerPoint PPT presentation

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Title: HOW TO PURCHASE PROPERTY IN BAJA


1
HOW TO PURCHASE PROPERTY IN BAJA
  • Secretaria de Turismo
  • Instituto de Desarrollo Inmobiliario
  • Consejo Estatal de Profesionales Inmobiliarios
  • Baja California, Mexico

2
IntroductionPurchase Process in BAJAMexican
Markets Investment OpportunitiesQ and A
session
3
Gobierno del Estado de Baja California
Secretaria de Turismo del Estado
(SECTURE)Instituto de Desarrollo Inmobiliario y
la Vivienda (INDIVI)Consejo Estatal de
Profesionales Inmobiliarios de Baja California
(CEPIBC)SDAR-CEPIBC International Agreement
  • Introduction

4
Purchasing process in BAJA, similar to USMajor
difference in holding ownership
rightsAffordability is the key!
  • Buying in Baja

5
REALTORNegotiatingContracts
  • Recommendation Rent first, know the area, decide
    where to purchase

6
Financing optionsUSA or MEX CompanyPre-qualifi
cation
  • Recommendation Seek legal and financial advice
    before entering into any binding agreement

7
Escrow ServicesTitle InsuranceClosing Services
  • Recommendation In Baja, use the services of a
    Baja California Real Estate Brokers Association
    member (Consejo Estatal) in coordination with
    your REALTOR

8
Foreign Investment LawFideicomiso (Bank
Trust)Foreign Affairs Secretary PermitNotary
Public, Public Registrar
  • Recommendation Use professional services,
    (Consejo Estatal is the C.A.R. counterpart in
    Baja California)

9
Coastline vs InlandProximity to US borderLife
stylesCulture
  • Mexican Markets

10
CrisisOpportunitiesAffordable prices
Housing,Utilities, Food, Entertainment,
traveling, health care, etc.
  • Opportunities

11
Thank you,Freddy Espinoza, REALTORCA License
01355752Consejo Estatal de Profesionales
Inmobiliarios de Baja California.International
Coordinatorfreddiespinoza_at_hotmail.com
  • Q and A
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