Hook the Cure Fishing Tournament

Hook the Cure Fishing Tournament nets over $150,000 for cystic fibrosis patient care and researchThe inaugural Redbone Tournament Series event brought U.S. anglers to Puerto Vallarta Mexico for fun in the sun and exciting fishing action (PressMethod) – Puerto Vallarta Mexico was the destination for anglers who participated in this year’s IOTEC/Toshiba Hook the Cure [...]

Exclusive Resorts to Boast $1 Billion in Real Estate By Year-End?

November 20, 2006 06:29 PM Destination club industry leader Exclusive Resorts is on pace to announce a $1 billion luxury real estate portfolio by the end of 2006. In October, Helium Report spoke with COO Michael Beindorff about the club’s anticipated release of 70 new residences in the fourth quarter of this year. The destination [...]

NAFTA spurred local law firm’s growth

Web Posted: 11/21/2006 01:56 AM CSTMeena ThiruvengadamExpress-News Business Writer Cacheaux, Cavazos & Newton is the law firm that NAFTA built. It opened Jan. 24, 1994, about a month after the landmark North American Free Trade Agreement took effect. Business has been booming ever since.“It’s the NAFTA effect,” said Rene Cacheaux, one of the firm’s founders. [...]

Hot Market In Housing

Hot Market In HousingLisa Hess 11.27.06, 12:00 AM ET South of the border, home builders are hot. Shares of the dominant Mexican builders rose 50% on average over the past 12 months. That’s a sharp contrast to the U.S., where a slowdown in housing has doused investors’ ardor for anything to do with real estate. [...]

Appraisers in the Real Estate Process

You’re ready to commit to a property in Mexico – now comes the paperwork phase. Actually, this is pretty painless when managed by a competent Notario, or notary. One thing he will handle for you is the required appraisal process – that is, obtaining an opinion or estimate of value from a professional in the [...]

The “Notario” and the Real Estate Transaction

You’ve found the perfect place to purchase in Bahía de Banderas. Now, meet your Notario. Although the translation of “Notario” is “notary public,” the Notario in Latin American countries has a very different role than the notary in the United States or Canada, who authorizes signatures. The Mexican Notario is an attorney, at least 35 [...]

Mexican Lawyers

That beautiful home or condo on the bay is now yours, and you’re planning to enjoy more time in Vallarta. Not meant as a dire prediction, but a practical approach, you may need to spend some time in a lawyer’s office in Mexico, as well. The contracts for that new business, the will for certain [...]

Mortgage Financing

Mortgage financing is now available in Mexico, although it is just being introduced and still working through growing pains. Purchase-only financing is available (no remodelation loans) for single family residences and condos with a 20-year mortgage (25 & 30 year amortization loans are on the way) with a four-year fixed loan rate. Rates vary but [...]

Pacific Mexican Rennaisance

The coveted coastline of Mexico, now available for foreign investment, is experiencing a luxury development boom. The well kept secrets of Pacific Mexico’s dramatic cliffs, coves and sand have long attracted the Blue blooded and Hollywood set looking for a quiet escape. Since opening up to foreign investment, Mexico has seen an explosion in luxury [...]

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