Seller financing is not uncommon in Mexico and it is done through a so-called “reconocimiento de aduedo”, which is basically a lien placed on the deed of the property that is being sold. Attention: if you bought your property through a fideicomiso, you need to consult with your fideicomiso bank to verify if it allows…
Our office handles the offer making process, private contracts between the buyer and the seller, and we also handle 100% of the supervision of the closing process. We administer the closing process to assure that it goes to schedule and in case of a fiscal strategy we assure that all parties follow the strategy in…
It is a guarantee deposit paid towards a purchase (or a rental) of a property. It is normally kept by the agent in charge as a guarantee for the transaction and it is delivered to the seller on closing. The earnest money deposit is normally non-refundable unless the seller was to back out from the…
We typically give the sellers 3 working days to respond to an offer, however, it is common to see 3 to 7 working days as the offer consideration period granted by the buyer/buyer’s agent.
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