Thanks for Watching Guys 👍
Disclaimer, the following information can vary depending on geographical areas of mexico. This info is a guideline ONLY.
Here are my top tips for new comers coming to mexico looking to buy Real Estate
Tip number 1 It is a cash market so be prepared to have the funds available to move quickly once you find property. To close the deal normally takes from start to finish, can take a couple of months. Once you find the property you will be expected to put down an average 10 % deposit of the value of the property, the remainder 90 % will be paid on the day of closing. check out this video here, it goes in to more depth about why cash is all important when buying property in Mexico.
