Buying in Mexico is different than in the US:
One main difference is the fact that there is no recourse if you discover flaws in the property after the transaction takes place. It is truly "buyer beware".
Buying an old hacienda style home in Mexico is fraught with so many potential problems there are too many to list.
Therefore it is very important to select a builder who has a proven track record for quality, choosing not to skimp on important details (like adequate foundation or plumbing and electrical components). We invite you to view homes that have been built by both Dennis and Bo as well as by our contractor Rodrigo Niebla.
With this as a major concern to many buyers, we offer in writing, a 90 day guarantee to fix any problems that might be discovered AFTER the close of the sale.
Property Taxes:
Property taxes are very low. On this property the yearly taxes will not exceed $200.
The Mexican Bank Trust
The Mexican Bank Trust was created in 1971 to promote tourist and retirement investments along popular coastlines by Mexican President Echeverria, which authorized the 30-year Bank Trust program. This is the most secure method to hold real estate in Baja California.
Your Bank Trust must be established at an authorized Mexican Bank in their Trust Department.
In 1989 President Salinas mandated the 30 year Trust be extended for an additional 30 years. Then, December 27, 1993, President Salinas extended the Trusts from 30+30 year arrangement to the new 50+50 year time period. Bank Trusts are perpetually renewable.
The property you hold in a Bank Trust is yours to improve, build, sell, leave in your estate, etc. You'll enjoy all the same rights you have in your U.S. fee simple real estate via the Bank Trust.
When you decide to sell your home, in all probability, another foreign person will be purchasing your Trust Rights. Your buyer will have the required documents from you to instruct the Bank of the sale and the name will be changed that also includes your beneficiaries. Your Real Estate broker should assist in making g this name change after the closing has occurred.
If you sell your Trust Rights to a Mexican National, he has the option to take title in his name in the Trust or remove the property from the Trust and take title in "Escritura" (Mexican National form of Ownership). Sometimes the Mexican National will opt to pay the annual Trust fee and stay within the Master Trust, especially, if his most likely buyer would be another foreigner. Once he removes the property from the Master Trust, it is more expensive for the property to be placed in a New Trust for the buyer.
Tourism is the third largest industry for México. This law has been in effect now for 29 years with amendments to make your confidence more secure for your investment in order to continue attracting the tourism dollars. 
