What are the steps to buy a home in Mexico?
Whether you're browsing luxury homes in Los Cabos or a quaint two-bedrooms in Tijuana, consider following these steps to find your dream home south of the border:
1) Make a list of priorities and features that you're looking for
2) Conduct a cursory search online to see what's available
3) Select a realtor that's well-versed in the area you'd like to buy in
4) With the help of the realtor, make an offer on a home
5) Sign an initial sales agreement, which will be in Spanish and may require translation
6) Pay for the property
7) A fideicomiso is formed and you take possession of the property
8) Pay closing costs, taxes, and fees
9) The Public Registry issues the deed, known as an escritura