Archive for October, 2008

How to Select a Mexico Mortgage Broker

Monday, October 20th, 2008

If you are looking at buying Mexico real estate, here are great questions to ask a potential mortgage broker before you begin working on a loan with them. Q: “How would I go about selecting one Mortgage Broker over another? Don’t you all offer the same products and services? Yolanda, Denver, CO A: Choosing a [...]

Cruise Ships Bring 15% More Visitors to PV

Friday, October 17th, 2008

Here’s some great information from Banderas News about travel infrastructure plans for Puerto Vallarta as well as the demographics of our visitors. If you plan on doing business in Puerto Vallarta, this can really help with your planning. http://www.banderasnews.com/0810/nb-pvtourism.htm

Best Places to Learn Spanish in Mexico

Thursday, October 16th, 2008

The ease of acclimating to living in Mexico is directly proportional to the amount of Spanish you know. While it is possible to live in Mexico for years without speaking Spanish, certainly you will get more out of your time here if you can speak in the native language of the country, especially if you [...]

Puerto Vallarta sees 1,500 person increase

Wednesday, October 8th, 2008

While air traffic has been decreasing thanks to high airfares and associated travel fees, Puerto Vallarta actually saw an increase of 1,500 people in September vs. the same period as last year. Read the whole article here.

How Much Does the Loan Process Differ in Mexico?

Monday, October 6th, 2008

Q: How does the loan process differ in Mexico? Paul, V, Minneapolis, MN A: Not as much as you would think, primarily with governmental involvement, closing times and costs. With a US dollar loan, many aspects of the loan process in Mexico are strikingly similar to those in the United States. For example: Mexlend uses [...]

Tax Advantages: Did You Know?

Monday, October 6th, 2008

Did you know that depending where your loan is held, you may be able to deduct the interest paid on your Mexico real estate from your US taxes? The chances are that if your mortgage is held by the US lender who does Mexico real estate loans and that mortgage is paid from US accounts, [...]