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Once you have found the right property your Mayan Mansions Team of Professionals will write up your Offer to Purchase the property. Together we will write up a fair Offer to Purchase including the price for the property and any possession that you may want to acquire with the purchase, contingencies if applicable, the initial down payment and balance payment terms, and the closing date of your escrow.
An investigation will be held in the public registry of property and commerce of the state of Quintana Roo, Mexico, to verify the property is clear of all liens and debts. Once the investigation has determined the legal status of your property to be clear a binding purchase agreement will be drafted by the Escrow company.
Upon the proof your property holds a clear title, the Fully Executed by Buyer and Seller Offer to Purchase will be drafted on a Promissory Agreement binding the property purchase as a legal sale commitment.
The next step, the Buyer Trust, Escritura or Mexican Corporation, will be coordinated and formalized through a Mexican bank, ensuring the property is properly titled to you and your beneficiaries.
In Mexico, the execution of the title always has to be done with a notary public. If you cannot be present at the time of closing escrow you will need to send an apostille from your state of residence prior to the close of your escrow. We will help you with this too if applicable.