Title: HOW TO PURCHASE PROPERTY IN BAJA
1HOW TO PURCHASE PROPERTY IN BAJA
- Secretaria de Turismo
- Instituto de Desarrollo Inmobiliario
- Consejo Estatal de Profesionales Inmobiliarios
- Baja California, Mexico
-
2IntroductionPurchase Process in BAJAMexican
Markets Investment OpportunitiesQ and A
session
3Gobierno 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
4Purchasing process in BAJA, similar to USMajor
difference in holding ownership
rightsAffordability is the key!
5REALTORNegotiatingContracts
- Recommendation Rent first, know the area, decide
where to purchase
6Financing optionsUSA or MEX CompanyPre-qualifi
cation
- Recommendation Seek legal and financial advice
before entering into any binding agreement
7Escrow 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
8Foreign 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)
9Coastline vs InlandProximity to US borderLife
stylesCulture
10CrisisOpportunitiesAffordable prices
Housing,Utilities, Food, Entertainment,
traveling, health care, etc.
11Thank you,Freddy Espinoza, REALTORCA License
01355752Consejo Estatal de Profesionales
Inmobiliarios de Baja California.International
Coordinatorfreddiespinoza_at_hotmail.com