OMG: That was a typo. The Notary is the most important part of the purchase. I will edit the post. Thanks for pointing out my error. The biggest mistake that foreigners make is trying to circumvent the laws. Some place the property in the name of a Mexican friend. BUT in almost all cases that so called friend ends up with YOUR house. The worst risk in buying property can be the almost non existant zoning and building regulations. Rarely does a building inspector look at a house. Aften a sloppy builder will build on the wrong lot or encroach on a neighboring property. You could build a $200,000 home and a local could put up a cardboard shack right next door. Or worse yet open up a welding shop or fish cleaning operation. The regulations exist but only on paper. This will vary from Municipo to Municipo. Gated communities seem to fare better. BTW: Lawyers do not normally do real estate. Notarios are the experts in that field. Totally unlike NOB.
Moisheh
* This post was
edited 05/16/12 04:47am by moisheh *
