Cashing In on a Second Home in Mexico is a straightforward, informative guide that helps potential second home buyers, investors and renters easily understand the nuances of Mexican property, mortgage history and closing process. It includes helpful maps of some of the most popular areas, preparation checklists, capsule outlines of specific regions plus helpful websites and English-Spanish language tips and terms.
This book helps you to:
• Discover how to safely hold property within Mexico's "restricted zone"
• Explore dynamic new locations South of the Border
• Collect strategies on researching a Mexican property for purchase
• How the
fidecomiso, or Mexican trust, provides new ownership opportunities
• Explore creative avenues of financing your dream retreat
• Find innovative ways of attracting desirable, qualified renters
• Understand tax benefits, ramifications of a second home in Mexico
This book leads all consumers who are now working for a safe and profitable getaway property through the maze of options and possibilities of obtaining a Mexican property. The perfect book for Baby Boomers and those in the real estate industry who assist them.
About the Authors:
Tom Kelly is a nationally syndicated radio host and columnist as well as a former real estate editor for the
Seattle Times.
Mitch Creekmore is senior vice president and director of international business development for Stewart Information International and a licensed Texas real estate broker for over 20 years. He has authored numerous articles on the Mexican system of real estate conveyance, Mexico's foreign ownership requirements and financing issues.
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