Peso Loans, Dollar Deals in Cabo Real Estate: Currency Risk at Closing
Peso Loans, Dollar Deals: How Exchange Rates Can Cost You Thousands at ClosingHere's a scenario that catches people off guard: you agree on a sale price in U.S. dollars, the buyer finances part of it with a peso-denominated bank loan, and somewhere between signing and settlement, a few thousand doll
When a Mexican National Buys Real Estate From a U.S. Seller, What Happens to the Fideicomiso?
When a Mexican National Buys From a U.S. Seller, What Happens to the Fideicomiso?I sat down recently with Eduardo Tapia, a real estate attorney here in Cabo, to talk through a transaction I'd just seen play out: a U.S. citizen selling a high-dollar property held in a fideicomiso — and the buyer was
Do You Need Two Fideicomisos for Land and a House Built in Mexico?
No, You Don't Need Two Fideicomisos for Your Land and Your House A buyer reached out recently with a question that comes up more than people think: he'd bought a piece of land, spent three or four years building on it, and now wanted to know — does he need a separate fideicomiso for the house, on to
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