In part 1, I pointed out the importance of title insurance when purchasing property in Mexico. It isn’t automatic like the U.S. and Canada, so you have to check. I also noted what risks should be covered. And another thing to look for is that the title insurance company will defend your rights in court, with their lawyers (which means at their expense). Some title insurance companies insuring property in Mexico will only agree to reimburse you for your expenses after you have paid to defend your rights in Mexican court. Since litigating in Mexico can be difficult to impossible that is a big difference! Don’t get burned down south – if you’re not able to research the title insurance before buying, get help from someone knowledgeable who will look after your interests.
Subscribe to Blog via Email
Topics
- Animal Stories (mostly Dogs in the Military) (79)
- Arizona and Its Amenities (95)
- Canada and Canadians (48)
- Foreclosures + Short Sales (16)
- Forms and Resources (2)
- Global Buyers + Foreign Investment (74)
- Home Buying (208)
- Home Ownership (124)
- Mortgages + Lending (70)
- Moving Tips (9)
- Preparing a Home for Sale (28)
- Real Estate Facts & Figures (125)
- Real Estate History (7)
- Renters and Renting (29)
- Selling Your Home (95)
- Taxes (17)
- The Attorney-Broker Advantage (34)
- Title Insurance + Escrow (16)
- Uncategorized (17)
Our Location:
2720 East Camelback Road
Suite 150
Phoenix, AZ 85016
480-675-0112
Suite 150
Phoenix, AZ 85016
480-675-0112

Great information.