US loans - Mexico properties.
PROPERTY OWNERSHIP IN ROCKY POINT FOR AMERICANS? YES,IT IS SAFE AND SECURE.
Fideicomiso - Security:
For many years now foreigners(particullarly Ameicans) have owned Mexican coastal property by means of a "fideicomiso", or Mexican bank trust. This time-proven instrument, not unlike a US trust, grants you,the owner("beneficiary") full rights of ownership. Title is held secure by one of many Mexican banks, most with large US parent banks. The trust comes in 50-year renewable terms. Your ownership is secure.
Title Insurance - Safety:
Now, American title insurance is offered by two large compaies, First American Title and Stewart Title. Although not required for most financing, title insurance is recomended for purchase transactions. It provides that extra layer of safety against any possible chain of title deficiencies that might not be discovered by the notario or the trust bank. Your title safety is for the asking.
Choices, Choices, Choices!
Financing has opened the doors for almost every style of vacation housing to be built in Rocky Point. Some of the best architects in the Southwest and Mexico are designing the residences and projects that are now available. Your biggest decision will be which house, condo, or townhouse is right for you. Then start counting the days before you too will own and enjoy your place in the sun in this seaside gem they call Rocky Point. Choices? Si! Si! Si!
For many years now foreigners(particullarly Ameicans) have owned Mexican coastal property by means of a "fideicomiso", or Mexican bank trust. This time-proven instrument, not unlike a US trust, grants you,the owner("beneficiary") full rights of ownership. Title is held secure by one of many Mexican banks, most with large US parent banks. The trust comes in 50-year renewable terms. Your ownership is secure.
Title Insurance - Safety:
Now, American title insurance is offered by two large compaies, First American Title and Stewart Title. Although not required for most financing, title insurance is recomended for purchase transactions. It provides that extra layer of safety against any possible chain of title deficiencies that might not be discovered by the notario or the trust bank. Your title safety is for the asking.
Choices, Choices, Choices!
Financing has opened the doors for almost every style of vacation housing to be built in Rocky Point. Some of the best architects in the Southwest and Mexico are designing the residences and projects that are now available. Your biggest decision will be which house, condo, or townhouse is right for you. Then start counting the days before you too will own and enjoy your place in the sun in this seaside gem they call Rocky Point. Choices? Si! Si! Si!
