By Prashant Gopal $500K is the new $1 million Two years ago if we ran this story we would have shown how much home people could buy for $1 million. At the time, thanks to easy credit and lax regulations, people who under normal circumstances could never have afforded a $1 million home were [...]
Mexican coast playground is truly a (snow)birders’ paradise
Accommodations range from plain to perfectly posh Joseph Kula, Special to The Province Published: Sunday, December 14, 2008 R iviera Nayarit (it rhymes with sweet) is for the birds, literally. This 160-kilometre playa-lined playground on Mexico’s north-central coast stretching from Nuevo Vallarta in the south to San Blas in the north draws snowbirds from as far [...]
New Real Estate Law: January 1, 2009
We would like to thank Mitch Keenan for this update on a new law related to selling property in Mexico. Any foreign person (non-Mexican citizen) selling property in Mexico will now be required to have an FM-2 Visa, in addition to electric bills and fidecomiso in their name(s) (as their names appear on their passports [...]
El Encanto – Punta Mita Update
El Encanto has sold out Phase One of its Condo La Vista condominiums and a second release is selling very well. As well, the three Villa El Mirador properties are ready for occupancy, featuring more than 4,000-square-feet of indoor and outdoor living space in a split-level configuration. Also “move in” ready is a Residencia La [...]
The 10 Worst Assumptions of 2008
December 15, 2008 01:39 PM ET | Rick Newman | Permanent Link | Print An old military saying has become popular on Wall Street: “Amateurs study the plan. Professionals study the assumptions.” It’s too bad that nostrum wasn’t in fashion a few years ago, when it seemed as if nothing could go wrong in the [...]
LaSalle: Real estate valuations to fall in ‘09
By Arleen Jacobius Posted: December 16, 2008, 11:01 AM ET Real estate valuations are expected to fall next year, with the low point in the cycle expected in 2010, according to LaSalle Investment Management’s Investment Strategy Annual, a comprehensive survey of global real estate markets. Commercial real estate will decline in value in 2009 as [...]
Thank you to everyone who attended the Second Annual Punta de Mita Foundation Cocktail and Silent Auction event
Dear all, Here is the video link from last Saturday. http://avianaproductions.com/fourseasons/puntademita_found_9dec.html Thank you to everyone who attended the Second Annual Punta de Mita Foundation Cocktail and Silent Auction event. It was wonderful party and great to see everyone enthusiastic about the work that the Foundation has been doing over the past year. In [...]
Use caution before ‘running away’ after retiring
by Wendell Cayton Local columnist Posted December 15, 2008 http://wenatcheeworld.com/article/20081215/BIZ/712159913 If the thought of throwing off the yoke and retiring to an exotic locale where the living is easy and the dollar buys more is enticing, it’s wise to move carefully, keep your dreams in your pocket and your feet on the ground. Our [...]
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