tag:blogger.com,1999:blog-2289482511228853984.post2466414795363492624..comments2023-12-16T05:27:05.041-06:00Comments on mexpatriate — in the key of steve: tears on the sandSteve Cottonhttp://www.blogger.com/profile/00468378507171761868noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-2289482511228853984.post-33752563540977729812010-08-12T18:45:53.376-05:002010-08-12T18:45:53.376-05:00Chrissy -- With its mixed history, I am surprised ...Chrissy -- With its mixed history, I am surprised there are not more disputes like this. A title insurance nightmare.<br /><br />ANM -- Too true.<br /><br />Dan -- If I buy, it will most likely be in an established city with a strong colonial past. At least the chances for disputes should decrease.<br /><br />Calypso -- Of course, there is always the problem of high rents -- especially on the Pacific coast. I am probably paying more than I should.<br /><br />Jane -- Thank you very much.<br /><br />NWexican -- Political activity by gringos right now is doubly bad.<br /><br />Rosalie -- Come on down. Mexico is still as inviting as it has been.<br /><br />Jane -- I have seen nothing in the American press. I heard today, though, that none of the buildings have been bulldozed -- yet.Steve Cottonhttps://www.blogger.com/profile/00468378507171761868noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-39050318999345601882010-08-12T11:50:01.744-05:002010-08-12T11:50:01.744-05:00Has anyone seen this in any U.S. news reports?
M...Has anyone seen this in any U.S. news reports? <br /><br />More and more, I seem to rely on news from authentic bloggers. <br /><br />Viva la Internet!!!Janenoreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-14451703316252589172010-08-10T13:05:57.364-05:002010-08-10T13:05:57.364-05:00Great blog - been enjoying it for about a year...I...Great blog - been enjoying it for about a year...I lost a home outside of Cuernavaca eight years ago. Renting would definately be my future choice.Anonymoushttps://www.blogger.com/profile/06844497186246575154noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-52224965475906726032010-08-10T13:02:33.345-05:002010-08-10T13:02:33.345-05:00Lol...I loved "Anonymous's" comment....Lol...I loved "Anonymous's" comment...so true! Steve, been reading your blog for about a year now...thanks for the entertainment/information....lived in Tzucacab, Yucatan for some time in my late 40's and early 50's. Was a wonderful experience..unforgettable. Only eight years ago but feels like a lifetime ago. Aching to get back to Mexico someday...may the Lord bless you and keep you...may the Lord make His face shine upon you and be gracious unto you. RosalieAnonymoushttps://www.blogger.com/profile/06844497186246575154noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-24307670701307906482010-08-10T10:34:19.156-05:002010-08-10T10:34:19.156-05:00Have been looking at coastal property in Mx for so...Have been looking at coastal property in Mx for some time and it does appear that most, if not all, is in some way ejido. As a Norte Americano one can only assume that a piece of beach property has a somewhat fictional deed that may actually be ummm, real (or not). Great property to rent though..<br />And I agree to keep the political chitter chatter on the down low, WAY on the down low. WAY WAY on the down low..NWexicanhttps://www.blogger.com/profile/10196947382707337402noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-3292472422814777892010-08-09T15:42:10.090-05:002010-08-09T15:42:10.090-05:00Bravo!!! Excellent synopsis re. some highly comple...Bravo!!! Excellent synopsis re. some highly complex topics.Janenoreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-64489823173730350022010-08-09T07:21:56.118-05:002010-08-09T07:21:56.118-05:00The point about renting is good in and of itself b...The point about renting is good in and of itself by the way. When you can rent per month for less than 0.25 per cent of real value (replacement value) which is the case around here; then it hardly makes sense to buy ;-)Calypsohttps://www.blogger.com/profile/02705486544074674388noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-19354016626477589112010-08-08T23:35:34.208-05:002010-08-08T23:35:34.208-05:00Steve,
Personally, I quite enjoyed your synopsis o...Steve,<br />Personally, I quite enjoyed your synopsis of the issues/peril's regarding purchasing property in Mexico. Having purchased homes (18 in the last 43 years in 5 countries) I'd never purchase Mexican ejido land - even inland - let alone in a coastal area. My own philosophy in Mex is similar to yours -RENT - til you have citizenship! By then you should have sufficient experience of the country to decide WHERE you really want to live, and have the full rights of a citizen to back up that purchase.. Patience is a good thing in real estate..<br />Cheers!<br />Dan in NCDan in NChttps://www.blogger.com/profile/08863090182812197749noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-46281449771207937612010-08-08T21:55:33.840-05:002010-08-08T21:55:33.840-05:00In the end, we're all just renters here, soone...In the end, we're all just renters here, sooner or later to be evicted permanently.<br /><br /><br />ANMAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-50193657399421961462010-08-08T21:28:54.526-05:002010-08-08T21:28:54.526-05:00Tenacatita has been a boiling point for years. I w...Tenacatita has been a boiling point for years. I was there about 16 years ago after the first Bull Dozing happened. The entire area from Boca de Iguana to La Manz is a hot bed. I have reviewed the Title Reports for a lot of the area ( I have retired from the Title Biz after 25 plus years) and there are many issues that should concern fee simple interest regarless of Government allowable ownership.Chrissy y Keithhttps://www.blogger.com/profile/00401701589592600309noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-62361760695920751322010-08-08T21:14:28.991-05:002010-08-08T21:14:28.991-05:00Calypso -- I have few fears in life. Buying prope...Calypso -- I have few fears in life. Buying property on the Pacific Mexico coast is one of them. Almost all of it is or was <i>ejido</i> land. And titles suffer accordingly. I would probably have fewer concerns on your side of the country. Of course, the fact that I have decided to be a gypsy also colors my opinion.<br /><br />Anonymous -- Too many shiny objects?<br /><br />Jonna -- Tenacatita was a boil waiting to burst. And there are plenty of similar areas on the Pacific -- including my little village. Thanks, for the clarification on renewals past the 100-yerar point. I had been told differently by a local <i>notario</i>. But he has given me some rather questionable advice in other areas,Steve Cottonhttps://www.blogger.com/profile/00468378507171761868noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-37622276311911998792010-08-08T20:22:09.004-05:002010-08-08T20:22:09.004-05:00I think you are overstating it when you say to onl...I think you are overstating it when you say to only be a renter.<br /><br />However, my mantra is considered overly cautious by many but I would almost never buy ejido land. The regularization process is byzantine and there are dangerous curves throughout. If I really, really wanted the property AND it had been regularized for more than 25 years and gone through at least two Mexican owners after the regularization... I might consider it. However, I'd be very careful to investigate the title with a respected, uninvolved, Notario. The property in Tenacatita would not have passed any cautious buyer's sniff test.<br /><br />Just another point, the way you put it, it sounds as if after 100 years you lose the title in a fideicomiso or bank trust. They can be renewed or a new one put in place endlessly and they give you all the same rights of sale, inheritance, transfer, mortgage that a deed gives. They actually have a slightly better inheritance clause than a regular deed.Jonnahttps://www.blogger.com/profile/14775514857047122526noreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-53011459048173489052010-08-08T18:48:24.869-05:002010-08-08T18:48:24.869-05:00this is waay too longthis is waay too longAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2289482511228853984.post-71023318125672184912010-08-08T18:41:27.332-05:002010-08-08T18:41:27.332-05:00I think your advice is a little over the top - in ...I think your advice is a little over the top - in the case of Punta Banda and probably this one as well - these people were probably aware of a cloudy title. When one nails down the people of Punta Banda they will admit they knew about problems just didn't think they would materialize.<br /><br />As a foreigner one can own land in most of Mexico with Title - just not in those areas close to the borders or coastlines.<br /><br />Mexico gets a lot of bad press from inaccurate or incomplete reports - probably because if people knew just how good it is here in Mexico there would be a mass exodus by those that can afford it or those that are at retirement age.<br /><br />If it is too good to be true than it probably is. Buy Mexican land with a clear Title; many foreigners have and many will.<br /><br />I guess in the end I should be happy about these scare tactics - less crowding and land prices won't escalate to the point of insanity and then downfall as shown in much of the U.S.Calypsohttps://www.blogger.com/profile/02705486544074674388noreply@blogger.com