Playa Del Carmen - Mexico - Real Estate Portal http://www.paradiseinplayacar.com/modules/playa_del_carmen/ Real Estate, Vacation rentals, villa for sale, villa for rent Tue, 06 Jan 2009 04:40:59 -0500 http://backend.userland.com/rss/ Playa_Del_Carmen Playa del Carmen Info > Real Estate info@paradiseinplayacar.com info@paradiseinplayacar.com en Playa Del Carmen - Mexico - Real Estate Portal http://www.paradiseinplayacar.com/images/logo.gif http://www.paradiseinplayacar.com/modules/playa_del_carmen/ 140 75.675675675676 Cost of the fideicomiso http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=32 Based on the present tariff, the bank charges the person desiring the Fideicomiso an initial fee (approx. $500.00 USD) for drawing up the agreement and establishing the trust plus a fee for getting the permits from the exterior relations department that allows a foreigner to own property in the restricted coastal zone. Wed, 30 May 2007 02:50:00 -0400 http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=32 Real Estate Broker’s Commission http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=33 Most real estate companies in Mexico charge a 6-8% commission based on the actual sale price of the property. Wed, 30 May 2007 02:50:00 -0400 http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=33 Capital Gains Tax http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=34 In Mexico, the concept of capital gains tax does not apply in the same way it is determined in the United States. Wed, 30 May 2007 02:50:00 -0400 http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=34 Buying process http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=29 Most real estate transactions are “opened” after a written purchase offer is accepted by the seller and when a purchase-sale agreement (promissory contract) is signed by both parties. Wed, 30 May 2007 02:40:00 -0400 http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=29 Closing costs http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=30 It is common practice that the buyer pays the transfer of acquisition tax, bank trust set up and all other closing costs, including Notary’s fees and expenses, while the seller pays his capital gains tax and the broker’s commission. Wed, 30 May 2007 02:40:00 -0400 http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=30 The public notary http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=31 A Public Notary is a government-appointed lawyer who processes and certifies all real estate transactions, including the drawing and review of all real estate closing documents, thus ensuring their proper transfer. Wed, 30 May 2007 02:40:00 -0400 http://www.paradiseinplayacar.com/modules/playa_del_carmen/item.php?itemid=31