Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Saturday, May 5, 2007
Beach House in Mexico
Buyers please beware of the "Americanization" of Mexico's coastline. Recently, the Mexican government allowed the purchase by foreign nationals of property along the coasts via trusts administered by banks. Essentially this is as easy a home purchase in the states with a bit more paperwork. What is concerning is the pricing of homes in these zones when marketed to Americans. Speak to local real estate brokers as well as those catering to English speaking Norteamericanos. Shop around! Value will become apparent once you have seen many listings across a spectrum. Once you are happy with your beach home, send me the keys for a weekend getaway. I promise to blog from there in your honor.
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