Monday, March 18, 2013

Thinking of Buying a Yucatan Beach Home?



Don’t leave your brains at the border!  Buying a home is one of the most expensive purchases that you may make in a lifetime.  Even here in the Yucatan where homes are much more reasonable you want to enter the process with your eyes wide open.
If you are dreaming of a vacation home or a full time residence in the sun with views like this, keep reading.


Before you make your purchase here are a few questions that you will want to ask your realtor;
·        How many years has your company been in business?  New real estate “companies” open every day, do you want to work with an established company or a “newbie?”
·        How many sales does your company average in a year? It goes without saying that the more experience your realtor has, the smoother the buying and closing process is for you.
·        Can you provide me with referrals and phone numbers of satisfied and repeat clients?
·        How many years have you lived full-time in the Yucatan? A realtor that has only been here for a year or two is not going to have the knowledge of an established company.
·        How many properties do they have listed, a few of their friends and neighbors?  Or, do they offer homes in all areas and price ranges?
·        Is your company a registered company in Mexico? In order to do business legally in the Yucatan a company must be registered with the government, pay an accountant monthly and report all income received.  Our company is registered as an S. A. de C. V. so that all of our business transactions are legal and recorded.
·        Do they recommend a lawyer or a Notario?  All real estate deals must be researched by a Notario Publico.  This is very different position than a Notary in Canada or the US.  My next post will go into that more in depth.
·        Are they a full service company? Will they be there only for the sale? Or will they have a plan for aftercare assistance including bi-lingual concierges, airport pickup, rental car advice, property management, rental assistance; aid you in purchasing, food, furniture and decorative items?


The Mayan Living Real Estate team is composed of American and Canadian owners and is committed to helping you find the best home at the best price possible and ensuring a seamless transition.  For more information on our listings please go to www.mayanliving.com. Please feel free to drop us an email at yucatansandman@gmail.com or call us on our US landline: 302-200-0461

 Experience the magic of Mexico today!



Our clients are happy to speak to you. Here is a picture of Donna and Joe at their closing last year.




Hoping to hear from you soon!  Until then we are just “Chillin’ in Chelem.”

3 comments:

  1. And we're still very happy that we bought the house through Doug and Teresa.

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  2. Teresa, your comments about some folks going into business, without the legal right to do so, is spot on. They have no legal liability to the client and do things on the cheap, not having to pay accountants and so on. Then when things go wrong they just move on, leaving someone else to sort out the troubles. How many times have we seen that happen. At least with you and Doug, your established and not going anywhere, plus you just didn't turn into an agent overnight.

    Steve Creagh
    President
    Aerocretos de Mexico S. de R.L. de C.V.
    www.aerocretosdemexico.com

    ReplyDelete
  3. Thank you for your comment, Steve! You know as well as we do that it is no easy task to do things the right and legal way! I am so happy to see your new building is open here in Chelem and want to get by for a visit and take some pictures if that is okay with you. Teresa

    ReplyDelete