Real Estate
(520) 204 - 5450 US
Smartest Moves when Investing In Los Cabos
Smart Move #1. Do your homework before you start looking. Decide specifically what features you want in a home and which are most important to you. Be picky, but don’t be unrealistic.
Smart Move #2. Get your finances in order. Review your credit report and be sure you have enough money to cover your down payment and your closing costs.
Smart Move #3. Don’t wait to get a loan. Talk to a lender and get pre-qualified. In this way, you’ll be able to make a firm commitment to buy and make your offer more desirable to the seller.
Smart Move #4. Think long term. Are you looking for a starter house with the idea of moving up in a few years or do you hope to stay in this home longer? This decision may dictate what type of home you’ll buy, as well as type of mortgage terms that suit you best.
Smart Move #5. Be ready to make a decision. Spend lots of time in advance deciding what you must have so you won’t be unsure when you have the chance to make an offer.
Smart Move #6. Bid competitively. You may not want to start out offering the absolutely highest price you can afford, but don’t try to go too low and get a deal. In a tight market, you’ll lose out.
Smart Move #7. Keep contingencies to a minimum. Restrictions such as needing to sell your home before you move or wanting to delay the closing until a certain date can make your offer unappealing. In a tight market, you’ll probably be able to sell your house rapidly. Or talk to your lender about getting a bridge loan to cover both mortgages for a short period.
I would recommend that any foreigners who intend to buy property in Mexico, engage the services of a real estate professional affiliated with AMPI and always purchase title insurance.
I am the expert you need to buy real estate in Mexico. Don't take a chance when it comes to buying real estate.
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Email Me: Julie@Juliekershner.com
