Retirement in Puerto Vallarta - Why an Exclusive Buyers' Agent in Mexico?

[ghoeyw...@yahoo.com]

So, you've reached a point in your life where you think that you've
learned a little about business, finance, contract negotiating, real
estate, etc. and have at least a layman's knowledge of law pertaining
to each. Being that savvy, you might even be aware of the incredible
retirement locations and values south of the border; furthermore, you
might even be considering Mexico as your retirement destination. If
so, you might as well forget everything you've learned and leave your
law degree at home! Mexico, as beautiful as it is, has a somewhat
different way of doing business and a completely different set of
laws. Additionally, all legal transactions, including real estate
transactions, are done in Spanish.
Therefore, for those of you that may be considering locations in
Mexico as possible retirement destinations, the following information
should give you some insight as to how the Mexican real estate
industry works, list some of the possible pitfalls, and most
importantly, give you the guidance required to assure a pleasant and
safe experience. Our introduction to the Mexican real estate industry
was in 1997, when during one of our many trips to our condo in Puerto
Vallarta, Mexico, we noticed an ad in one of the local papers. It was
of a recently completed magnificent villa located in the "Beverly
Hills" of Vallarta. We contacted a realtor friend here in PV and asked
him to represent us and at the same time, give him an opportunity to
earn the buyer's side commission. He of course was pleased and anxious
to show us the property. The following day he picked us up and took us
to another neighborhood and showed us a half a dozen beautiful new
houses. We liked what we saw but requested we go look at the villa in
the ad. He then took us to another area in Vallarta and introduced us
to a builder and showed us some beautiful lots where we could build
the house of our dreams. We once again suggested we go visit the villa
in the ad but he had just a couple more places that he wanted us to
see first. Finally, around 4:00PM, we insisted he take us to the villa
in the ad or we would just take a cab over to see it the next day. He
reluctantly agreed, we instantly fell in love with it, and bought it.
We have thoroughly enjoyed the beautiful villa for the past ten
years....

http://groups.google.com/group/szdrealestatel