From ShelterOffshore.com comes an article looking at the top four places to buy property in Mexico (and MEXLend Mortgages can handle loans in all of them!).
Of course, our favorite is Puerto Vallarta.
The World Bank just approved $1.5 billion for new educational and health programs according to Bloomberg.
Education is the only way to progress.
Great news!
Having come from the United States where everyone I know is steeped in credit card debt, it was hard not to see the same thing happening in Mexico when everywhere from banks to supermarkets are pushing credit cards to people who have never had to responsibly manage credit before. Rates on credit card purchases in [...]
Reader Gloria left this question in the MEXLend comment section:
“”We have a new condo in Nuevo Vallarta that we bought pre-construction in 2005. We now have possession, but because of cost overruns and devaluation of our home in the states we have run out of money to finish and furnish our new home. We have [...]
Q: “Are mortgages available for foreigners who not only live, but work in Mexico?” Veerle Van Looken, Belgium.
A: Yes. Many people from other countries are eligible for mortgages. There are loan programs for purchase AND cash out refinancing available to you through both U.S. and Mexican lenders. Which lender you end up getting your [...]
Here’s a very interesting article written by a local real estate professional that details the history of Puerto Vallarta and also gives some great history and information about silver mining. Everyone knows that Mexico is the place to buy silver!
It covers why Puerto Vallarta was founded where it was on the Rio Cuale as opposed [...]
Here’s an interesting story from the San Jose Mercury News about rental houses for vacations. It outlines the advantages that renting offers travelers but will also give home owners some ideas on how to market their vacation rentals and to who.
By renting out your Mexico real estate, depending on the location and amenities, your home [...]
According to this recent press release, a two PV resort properties have gotten a makeover this season. Dreams Resort, a high end, adults only property on the way to Mismaloya and the Barcelo La Jolla, the main hotel on the Mismaloya beach. Over all the company rebranded or refurbished five properties, investment $74 million dollars [...]
Check out this article written by Nicole over at Mexico Alive. She covers ten things you probably didn’t know about buying real estate in Mexico, including that banking institutions like Wachovia (NYSE: WB) and Deutsche Bank (NYSE: DB) offer fixed-rate mortgages for properties in Mexico.
Of course, it’s always best to meet with a reputable broker [...]
WestJet just announced new non-stop service from Winnipeg to Mazatlan and Puerto Vallarta. The flights are seasonal, making it easy for second home owners in Canada to reach their Mexico vacation home and escape those cold winters.