Cashing In on a Second Home in Mexico
How to Buy, Rent and Profit from Property South of the
Border
Mexico has it all . . . From lush and tropical
mountainous municipalities perched on brilliant bays, to miles of white
sand beaches merging into iridescent azure water, to quaint
European-style houses lining cobblestone streets in picturesque
villages and towns, our Spanish-speaking neighbor to the south is
abundantly rich in geographic and natural diversification.
Cashing In on a Second Home in Mexico (Original
Paperback, $19.95, ISBN 0-9770920-0-3, September 2005) is a straightforward, informative
guide that helps potential second home buyers, investors and renters easily
understand the nuances of Mexican property, mortgage history and closing
process, plus:
- Discover
how to safely hold property within Mexico's "restricted zone"
- Explore
dynamic new locations South of the Border
- Collect
strategies on researching a Mexican property for purchase
- How
the fidecomiso, or Mexican trust, provides new ownership opportunities
- Explore
creative avenues of financing your dream retreat
- Find
innovative ways of attracting desirable, qualified renters
- Understand
tax benefits, ramifications of a Second Home in Mexico
Written by Tom Kelly, a nationally syndicated real estate
columnist and talk show host, and Mitch Creekmore, senior vice president of
Stewart International and one of the world's foremost authorities on Mexican
transactions, Cashing In on a Second Home in Mexico leads all consumers
who are now working for a safe and profitable getaway property through the maze
of options and possibilities of obtaining Mexican property. This useful book
especially targets the Baby Boom generation - the largest, healthiest and
wealthiest to enter its senior years in history - plus those in the real estate
industry who assist them.
"This book clarifies and explains why Mexican real estate, when
using the proper safeguards, can be a terrific, secure investment," said
Creekmore, who has spent the past 12 years working to provide title insurance
policies for Americans and Canadians in Mexico. "It will also explore the
purchasing mistakes of the past, summarize several of the attractive new
locations that are luring foreign dollars and explain why Mexico is so eager to
welcome second home buyers from outside its borders."
Cashing In on a Second Home in Mexico also contains real
stories of how real people attained their dream of owning Mexican property. It
includes helpful maps of some of the most popular areas, preparation checklists,
capsule outlines of specific regions plus helpful websites and English-Spanish
language tips and terms.
ABOUT THE AUTHORS
Tom Kelly is a nationally syndicated newspaper
columnist and radio talk show host. He served The
Seattle Times readers for 20 years - several as real estate editor - and his work now appears in The Los Angeles Times, The Houston Chronicle, St. Louis Post Dispatch, The Oakland Tribune, Kansas City Star, Louisville Courier-Journal and Des Moines Register plus more than two dozen other newspapers.
He is the author of "The New Reverse Mortgage Formula" (John
Wiley & Sons) and co-author of "How a Second Home Can Be Your Best
Investment" (McGraw-Hill) written with John Tuccillo, former chief economist
for the National Association of Realtors.
In 2005, Tom's award-winning radio show "Real Estate Today"
began its 12th year on the CBS affiliate in Seattle. The show is syndicated by
Business Talk Radio to approximately 40 domestic markets and airs on 450
stations in 160 foreign countries via Armed Forces Radio.
Mitch Creekmore is senior vice president and director
of international business development for Stewart Information International, a
world leader in title insurance and other real estate information services. He
has been a licensed Texas real estate broker for more than 20 years.
He has authored numerous articles on the Mexican system of
real estate conveyance, Mexico's foreign ownership requirements including
Mexican land title matters, subdivision development procedures, escrow and tax
considerations, ejido land and financing issues. He's been approved by the
State Bar of Texas, the Texas Real Estate Commission, the Arizona Department of
Real Estate and the California Department of Real Estate to provide a mandatory
continuing education course for attorneys and real estate agents.
Cashing In on a Second Home in Mexico is distributed
to the retail book industry by Partners Publishers Group, Inc.
Click here to to get this book