Comments on: Mexican Housing Boom’s While USA Housing Swoons

By: Jim Spencer

Jim Spencer — Thu, 08 May 2008 23:23:07 +0000

I have worked this market for the last year and it offers huge potential but there are drawbacks. The public registry needs to be modernized and elimination of the transfer tax along with other fees charged by the notario publico would increase the number of buyers substantially. I think as more retirees consider a move to Mexico we will see more lenders entering this market and better programs emerge. Scotia Bank, Deutsche Bank, Citi and HSBC all either have new products here or are looking to roll programs out soon. Elimination of the restricted zone, which would in return eliminate the need for a bank trust would also do wonders to increase the development. I worked for IMI Group which had an incredible Mexico mortgage product but the current credit crunch in the US ended up affecting their ability to finance loans. Still there are plenty of viable options. You can visit wwwmexicomortgageloansinfo to learn more.

By: Baja's Best Bargains Blog : Mexican and Canadian Real Estate Faring Well

Baja's Best Bargains Blog : Mexican and Canadian Real Estate Faring Well — Wed, 13 Feb 2008 20:09:42 +0000

[...] per se, the markets of Canada and Mexico are absolutely flourishing! According to The Real Estate Bloggers, Mexico is seeing a boost in its market because of several factors, including new lending rules and [...]

By: Mexican and Canadian Real Estate Faring Quite Well - Real Estate News - Banks.com

Mon, 11 Feb 2008 22:39:02 +0000

[...] to The Real Estate Bloggers, Mexico is seeing a boost in its market because of several factors, including new lending rules and [...]

By: vanessa

vanessa — Thu, 24 Jan 2008 04:18:11 +0000

Wow I would love to buy property in Mexico. We probably have something to learn from a country of people that saves their money and buys homes for cash. 6% buy with borrowed money that is AMAZING.

By: buy house in Utah

buy house in Utah — Wed, 23 Jan 2008 21:43:37 +0000

I think that it is awesome that the great people of Mexico can finally have a chance to have their dreams come true without having to leave their country. I think that there real estate market will have a great impact on the confidence of the peopleand they will realize that they truly are blessed right where they are.