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Do I Need Title Insurance When Buying Property In Mexico?

This is a common question that often arises by those wishing to purchase real estate at a large discount in beautiful Mexico. It is generally accepted that title insurance has been widely available throughout most of Mexico since the early 1990s. It is important to note that the purchase of title insurance is optional in Mexico. As a matter of fact, most Americans prefer to purchase title insurance when buying property in Mexico because it is a standard practice in the United States.


Purchase Property Unencumbered


Generally speaking, title insurance is a form of insurance for property ownership. A title insurance policy will guarantee that a property is free and clear of any liens, judgments or claims as well as other types of legal issues. Most experts would agree the title insurance is generally a good option for those wishing to purchase property unencumbered. By ensuring that a property is free of encumbrances buyers of real estate in Mexico as well as other parts of the world can enjoy a safer investment and greatly reduce the chances of losing money on a purchase.


Record The Title


There are a few simple steps that can be taken in purchasing title insurance for real estate investment in Mexico. One of the first steps is placing a deposit on a title insurance policy account. This is known as a title commitment. The next step is generally to wait a period of 60 to 90 days for the city in question to record the title. Once this is been accomplished it is then simply a matter of posting the remaining balance, at which point the buyer is issued the actual title insurance policy.


Variety Of Application Related Fees


Finally, along with title insurance there are typically closing costs involved in purchasing real estate in Mexico as well as any other part of the world. Closing costs can included everything from escrow appraisal fees to taxes and notary fees as well as establishing a trust and a variety of application related fees. One of the best ways to get the details right in this regard when making a real estate purchase in Mexico is to work with an experienced and dedicated real estate professional. Contact Rocky Point Dan today for the best in Rocky Point real estate deals and bargains.

What Is A Fideicomiso?

Many people who consider buying real estate in Mexico often asked the question - what is a fideicomiso? This is an important question worth discussing for those who are serious about buying a beautiful home or condo in Mexico. In short, a fideicomiso is really nothing more than a type of real estate trust that is held on the behalf of the buyer by a Mexican bank. Most importantly, those purchasing real estate in Mexico can actually choose the bank in Mexico that will hold the real estate trust.


Maintain Full Control Over The Property


Another key factor to consider is that the beneficiary of the trust or the buyer from the United States will actually maintain full control over the property or the trust. This includes making investment decisions, improvements and overall use of the property. In many ways, a fideicomiso is likened to a living trust in the United States. The beneficiary of this type of trust is considered to be in irrevocable control of the property at all times.


A Restricted Zone In Mexico


The owner of the property can lease, mortgage, sell or even will a property to another as it is done in the United States. In the simplest of terms, buying a property in Mexico means that properly is maintained in a trust that is owned by the buyer. The only difference being the “trust” will then be “administered” by the bank in Mexico on a buyer’s behalf. The fideicomiso is instrumental in enabling foreigners to purchase Mexican real estate inside what is known as the restricted zone. A restricted zone in Mexico is considered land that is within approximately 50 km of the coastline or 100 km of the border. 


Successfully Purchased Real Estate In Mexico


It is simply an area that is designated by the Mexican government that is intended to prevent overdevelopment and misuse of existing Mexican land. Buyers searching for property throughout Rocky Point and other destinations in Mexico should understand the significance of a fideicomiso and areas known as restricted zones. The good news is that large numbers of people have successfully purchased real estate in Mexico over the years and have enjoyed substantial savings and incredible beauty and luxury in this wonderful part of the world. Contact Rocky Point Dan today for purchasing real estate in Rocky Point Mexico.

Great Tips For Buying A Rocky Point Condo

Rocky Point Mexico has become one of the most intriguing and popular destinations in all of Mexico. Best of all, buying a condo in this beautiful part of Mexico can be an enjoyable experience especially when working with a knowledgeable and dedicated realtor. Perhaps one of the first tips with regard to buying a Rocky Point condo is to explore the property location in detail. Nothing can be more important than making sure that a purchase is made in the right neighborhood or right area.


Quality Of Life


Taking the time to explore an area at night, during the day and during the weekend as well as during the weekdays can give one a much better picture of what to expect when making an actual purchase. Equally important is to consider whether or not to purchase a beachfront condo or one that is off the beach. Obviously this will have an impact on price point as well as quality of life. Those who intend to spend a lot of time at the beach may choose to spend the extra money in order to be right on the beach.


Knowing The Association Fees


Another great tip for getting the most out of any condo purchase in Rocky Point is to know the bylaws in detail. Whether buying a condo or villa or other type of property, knowing the association fees and the bylaws associated with a property is well worth the time and effort. Along with knowing the bylaws it is also important to know in advance if there will be any special assessments associated with a particular property. Finding out that roof replacement or parking lot replacement is on the agenda can ultimately save buyers money.


Cost-Effective Way Of Buying Property


Finally, one way to get the most out of any real estate purchase in Mexico is to consider preconstruction pricing. Many builders offer discounted deals on condos and other types of property when buyers are willing to commit to a purchase before a project is complete. This is a cost-effective way of buying property in an area that is beautiful and in an area that is already greatly discounted as compared to the prices of real estate in the United States. Contact Rocky Point Dan today to learn more about purchasing your dream condo in Rocky Point Mexico.

Is My Real Estate Investment In Mexico Safe?

The short answer to this question is an absolute yes. Buying real estate in Mexico is a safe and secure proposition that tens of thousands of people do each year. Best of all, buying property in beautiful Mexico is more affordable and more cost effective than most other places in the world. Mexico is beautiful, friendly and inviting and offers buyers many choices when it comes to condos, villas and private residential homes.


North American Free Trade Agreement


Foreigners who purchase property in Mexico should know that the Mexican government will protect the investment and will not expropriate a piece of property unexpectedly. Something known as NAFTA or the North American Free Trade Agreement makes it more secure to buy property in Mexico. It simply states that the Mexican government may not recapture property from foreigners except for public purposes. As in the United States, the only time property can be taken is if a major roadway or other major construction project requires or necessitates it.


Buyers Of Real Estate In Mexico Can Feel Comfortable


In fact, for the Mexican government to expropriate a piece of property it must go through a series of legal proceedings. Even if this is indeed the case the Mexican government is required under law to pay fair market value for the property in question. Buyers of real estate in Mexico can feel comfortable in knowing that their investment is completely safe and secure. This is perhaps why so many people are choosing to buy land, condos, villas and private residential homes in places like Rocky Point Mexico.


Produce Tremendous Returns And Provide For Years Of Enjoyment


Retirees and those looking to invest in a vacation home have discovered the value in buying property in Mexico. It's a smart and calculated investment that can produce tremendous returns and provide for years of enjoyment. Mexico has some of the most beautifully inviting beaches in the world and friendly locals as well as excellent dining and nightlife. Those who are active outdoors and those who enjoy water sports will truly appreciate all the Rocky Point Mexico has to offer. Contact Rocky Point Dan to learn more about exclusive real estate opportunities in Rocky Point Mexico.

Keeping it Real in Rocky Point

A trip across the border to the shimmering, crystal clear waters of Rocky Point can be one of the most satisfying affordable vacations accessible in the Southwest. However, the fact that you’re crossing into a different country adds an element of uncertainty that cannot be ignored. Indeed, things are different in Mexico because it is in fact Mexico. But those individuals who can follow a few simple steps delineated below can be ensured that their vacation will be enjoyable, exciting, and remarkable.

Passport Please

Having an international passport can make or break a Mexico trip. Imagine this scenario. You just had the time of your life dancing, drinking, and enjoying the sweet salty ocean. You are exhausted and are ready to return home. All you want to do is kiss the soil from which you came. You make it all the way to the border only to be halted a few inches from salvation because you have no passport. Nothing could be worse. It happened to Odysseus in the Odyssey, and he was forced to wander for another ten years. It could happen to you in Mexico, so make sure you bring a passport. 

Ensure you Have Mexican Insurance for Assurance 

If you are operating a motorized vehicle than it is required for you to carry Mexican insurance in order to avoid trouble crossing the border. It will protect you in the event that you injure someone in a car accident. Without it, the Policia de Federales might hold you captive until your debts are paid. Mexican insurance is very inexpensive and it is highly recommended by us at Rocky Point Dan.

Keep Calm and Drink on

Some of the hottest dancing and clubbing takes place here in Rocky Point Mexico, and by all means partake. But don’t act like an idiot. If you are going to get belligerently drunk your better off staying in the states. However, if you want to have a great time in a beautiful place for an affordable price, give us a call and come on down to Rocky Point.


Looking Back at Rock Point

It may surprise some to learn that Rocky Point first became a tourist destination with the help of the legendary Al Capone. It is fabled that the legendary gangster set up a casino and speak easy during the roaring 20’s which movie stars and millionaires flock to in order to get their kicks—not unlike today. But Casino was eventually burned to the ground after a tiff with Mexican government. And then Rocky Point fell off the map for a while. It was known only to fisherman.

The Genesis of Rocky Point

Some date the discovery of Rocky Point back to the 1700s when British Navy Captain Lt. Robert William Hardy discovered the coast of Rocky Point on a mission for the king in search of pearls and precious metals. But instead, he found and ocean teeming with fish. He even pulled a few Totoaba out of the deep blue which are fabled to have magical healing powers. Once word spread about the Totoaba fisherman began to flock to sea coast in search of piscubus gold. 

The Modern Era of Rocky Point

For a while Rocky Point remained a small fishing village visited only by natives and the most ambitious fisherman. But eventually people from Arizona and the Southwest began to flock to the beach located only 60 miles south of the Mexican border. Before there were realtors like Rocky Point Dan people set up tends near the coast and enjoyed the beach, the sun, and the company of each other. But when the beach got big, the resorts started spawning everywhere and thus Rocky became what it is today.


Party Hardy in Rocky Point (part 2 of 2)

Vamos a la playa, te me gusta bailar esta de la noche the sounds of fiesta! In English, come to the beach it’s time to party. Did we mention you can do it cheap? Inexpensive fun is just one of the man virtues that Rocky Point boasts. Here there is something for everyone, especially if you like to fiesta. Cervesa, Tequila, and margaritas are as abundant as water. In fact, most people drink more of it than they would H20. 

Bars and Clubs

When it comes time to visit Rocky Point, keep in mind that you are entering one of the hippest spots for night life anywhere. Wrecked at the Reef comes highly recommended by us at Rocky Point. Especially if you’re looking to dance with some fun, beautiful people, which are usually the type drawn to Rocky Point. But for those looking for something a little less sexy, and a little more family oriented, Manny’s or JJ’s Cantina are safer bets. Great food, mild dancing, and margaritas are the norm. Bring your kids and dance the night away. 

Beatitudes of Beach Bums

The rocky point beach is a blessing for beach bums basically because you can drink on the beach. Also, many resorts surround the crystal clear seas, filled with hotties and cheap cocktails. Nothing is better than swimming up to a poolside bar where coolattas are practically given away.

Come See for Yourself

The one point we can’t stress enough here at Rocky Point Dan is there’s something for everyone here at Puerto Penasco. Stop on by and see for yourself what all the rage is about in the south. Fishing, fun, sun, dancing and adventure can all be found here. It’s just a call away. 


Party Hardy in Mexico (part 1 of 2)

There’re a lot of misconceptions about Rocky Point, but let’s get one thing clear. The idea that there is more fun than you handle is one hundred percent true. Another claim that gets tossed around a bunch that we would love to lend credence to is that there’s something for everyone.  So whether you’re a food lover, a party animal, a beach bum, a human sloth, a don juan, a total diva, a smoke show, or just an average Joe, you will find what you’re looking for here in Rocky Point. But just in case you’re wondering what to do with yourself, below are a few helpful tips. 

Sail the Sand

In Rocky Point, the only thing you can’t do is surf—the waves that is. We have rolling hills of dunes you can traverse on your ATV that might as well be sandy waves. Renting an ATV is as easy as pie. Vendors are teeming in the local rocky point area and it won’t break the bank. Just make sure you exercise reasons when riding an ATV. Avoid injury at all cost. 

Beautiful Beaches

Before the good people here at Rocky Point Dan decided to construct the beautiful condos all around the beautiful beach, people would flock to Rocky Point and set up camp in tents and RVs—some of the shabbier beach goers just slept in the sand. Indeed, the ocean here is beautiful and there is no shortage of activities. Jet skis, paddle boards, parasails, banana boats, and sail boats all available for your pleasure. And once again, these activities are far from expensive. 

Taking a Trip to Puerto Penasco’s Oyster Farms

Rocky Point may be known as the hottest spring break spot in the southwest. It is also known for its beautiful beaches. But it is no doubt overlooked as a seafood lover’s paradise. Rocky Point actually started as a fishing village. Ambitious ocean men from California came to its shores in pursuit of Spanish mackerel, marlins, and oysters. But a remnant of the past still remains. Puerto Penasco’s Oyster Farms is the perfect way to spend a day. Getting drunk and eating oysters is one of the finer things in life. We suggest all take part. 

At Puerto Penasco’s Oyster Farm, one can expect a tour of the farm which brings in oysters fresh from the bay, daily. On your tour you will learn a little about bivalves, which means two doors, how to prepare them, and the best way to eat them. Moreover, if you find a pearl in one of your oysters, you can keep it! Let us also add that you can keep the oyster shells, which can be used to make jewelry. If you think your too good for oyster jewelry consider this. Achilles’ mother made him an oyster necklace for good luck before he pushed off to sack the city of Troy. You can also derive good luck from these precious oysters. 

When consuming oysters, we recommend a splash of hot sauce, even though oysters could easily be consumed without a garnish or spice. Also, a little tequila goes a long way when eating oysters. Something about a salt, distilled agave, and a cool buzz brings out the best in oysters. That is, the enhancement of their taste and the nourishment of the libido.

Cycling through Mexico

Rocky Point has more layers of enjoyment than a parfait. One can make their trip to Rocky Point a quest for night life glory; or some might seek the relaxing pulse of the waves as they sprawl out on the hot sand of our beaches; and others are simply looking to get away, and return to a simpler time. For the latter, we recommend a cycling tour. Rocky Point’s steep expansive mountains, and hot pulsing sun are the perfect way to let loose in a healthy, satisfying way. 

Batamote Mountain

This is a must for cycle enthusiasts. The wide open mountain range coupled with the ocean breeze will have you lauding the virtues of mother earth. The ten mile trail intersects with the Sonoyta River, allowing cyclists a chance to cool off and refresh themselves in the cold crystal waters. One can embark on their odyssey alone, or seek the expert advice and companionship of a guide. Expect to pay around 56 pesos (5 dollars) entry fee in order to gain access to the state park in which the trail is located. 

Safety First

Although mountain biking is a relatively safe activity, there are a few safety precautions you ought to take in order to mitigate the damages of an accident. First off, stay sober on the trail. Not only is this a bad idea for obvious reasons, drinking alcohol while riding can lead to dehydration. Secondly, do not skimp on protective gear. A helmet at the very least should be worn to protect your head. Also, it is best to wear a long t-shirt and pants in order to protect against laceration in the event of a crash. 

Rentals

Some folks might prefer to travel lightly and leave their bike at home. If this is the case, we recommend Rocky Point Cycle. They offer several rental plans, differing in quality and the duration of the rental. 

Puerto Penasco Spring Adventures

Ah the spring, birds are chirping, flowers are blooming, and the spirit of youth is in the air. Rocky Point is no exception. Many tourist flock to the golden coast of Rocky Point to unwind and forget about the monotony of daily life. There are no shortage of activities to fill your itinerary here. But for those who like to plan ahead, below are few activities that one can partake in.

Whale Watching

Spring brings the Leviathan to the warm waters of Puerto Penasco. Many flock to catch a glimpse of the majestic whale as they enjoy a romantic cruise, stocked with booze and provisions. We suggest looking into Del Mar Charters, Eco Fun, and Intrepid. Most of these charters will guarantee a whale sighting. This is the perfect opportunity to revivify a romantic relationship. Something about the beauty of whales as they spout mist from their blow holes creates a romantic ambience. 

Smaller Fish

For those who prefer to evade the great leviathan, we recommend chartering a fishing boat for the day. Those in pursuit of smaller game will not be disappointed by the abundance of fish teaming in the Pacific. We recommend Santiago’s Ocean Services, or Pancho Villa Boat charters to help you pull out that Marlin you’ve been hoping for. 

Tide Pool Excursion

This is essentially the hidden gem of Rocky Point activities. Tide pool tours are offered by the Center for the Study of Desert’s and Ocean’s (CEDO). They are usually offered in the months of April and May, and can be accompanied by dune tours. We recommend this to the family man, looking to show his kids a good time. They will no doubt be impressed by the interesting facts that your tour guide provides while surveying the miniature world that is a tide pool.


Seeking Medical Care in Mexico

Often times, people will express interest in Mexico for its sandy beaches and generous sun, but they fear a lack of civility. They fear the absence of vital institutions such as medical care. But they need not. Here in Mexico, you can actually call your own personal doctor and meet with them the same day. A visit to the doctor’s office is extremely cheap. It will usually run you around 300 pesos, equating to $22.00 USD. The doctors’ offices are equipped with innovative health care equipment, and uphold the highest level of safety. 

In the unfortunate event that you sustain a medical emergency, you can be transported across the US border, picked up by US authorities, and treated on the spot. Of course, this implies a delay. But, after taking in the ocean breeze as you dig your toes into the sands of Puerto Penasco you might be willing to risk it. 

For those who are worried about oral health, Mexico is home to some of the world’s finest dentist. The price of dental work is also a bit cheaper than in the states, but that is not to say one sacrifices quality for price. Every Dentist in Rocky Point is required to pass a difficult certification test. And what’s more, they must comply with the same level of safety measures that Mexican medical practitioners are required to meet. Some actually flock to Rocky Point to be treated by Mexican dentists. Well, I’m sure they also make time for the beach and JJ’s.

Lastly, but certainly not least, Mexico offers the unique advantage of easy access to la pharmacia. Try Santiagos located near Benito Juarez. They owner speaks great English and always has a myriad of pharmaceutical available. If for some reason Santiagos does not have the meds you’re looking for, a qualified pharmacy technician will order them for you and you can pick it up the next day. 


A Beginner’s Guide to Rocky Point’s Bars

Manny’s Beach Club

Manny’s Beach club is arguably the oldest bar in Rocky Point. It is also a contender for the most vibrant, exciting, and popular beach club in the Rocky Point community. Manny’s actually started as a Taco stand in the 80’s called Taco Loco. However it has grown immensely since then.  Manny’s is equipped with a full restaurant, dance floor, and patio on the beach. It can house 1,000 visitors and often does. Dancing and drinking take place around the clock, indiscriminate of the young or old.

JJ’s Cantina

Hung above the threshold of JJ’s is a sign that reads: “If you haven’t been to JJ’s, you haven’t been to Rocky Point.” Indeed, this is one of those rare instances of the truth. For over twenty years, JJ’s Cantina has been a favorite for tourists and locals alike. The Cantina offers inside and outside seating, Mexican and American food, tequila’s and beers. Prices are very affordable, and the atmosphere is affable. Whether you are looking for a nice meal with your family, live entertainment, or a club to dance at, JJ’s Cantina does not disappoint. 

The Pink Cadillac

The Pink Cadillac is perhaps the most creative, and ironic bar in Rocky Point. This is because an American style 50’s diner does not make a whole lot of sense in Mexico. However, that does not deter tourist from flocking to the bar incessantly, making the Pink Cadillac one of Rocky Point’s most successful bars. The Pink Cadillac prides itself in being the cleanest bar in Rocky Point. Tourists can flock to the Pink Cadillac in the day to grab a nice meal with their family, or they can visit the Cadillac when it truly comes alive—the night time. At this time, The pink Cadillac’s upstairs dance club is known to be filled with beautiful people, loosened up with tequila shots while they dance the night away. 


A History of Rocky Point

Rocky Point or Puerto Penasco is located about 60 miles south of the Arizona border. Tourists from the west coast flock to Rocky Point every year to enjoy the crystal clear waters that stay warm for half the year. Tourism is the greatest contributor to Rocky Point’s economy, and it is projected to grow as the years roll on. Alongside a growth in tourism is a projected growth in real-estate. The real estate market is predicted to double in ten years. Property in Rocky Point is no doubt a good investment, and an ideal spot for that second home you always wanted. 

It Started as a Fishing Village

Before Rocky Point became an asylum for those seeking sun, fun, and crystal waters, it was a hidden fishing spot for California fisherman. Its genesis can be traced back to Lt. Robert William Hardy of the British Navy, who explored the coast hoping to find pearls and precious metals. What he found was an ocean teaming with fish. Word spread through the western frontier of American, and fisherman began to take voyages to Rocky point in search of the rare Totoaba, which was thought to have magical healing powers.

The Modern Era of Rocky Point

A bold entrepreneur, named John Stone, sunk a flag on the shores of Rocky Point, claimed it as his own and built a casino and speakeasy during the prohibition years. He established a road to Rocky Point, and set up a flight service from Tucson and Phoenix. Tourists’ flocked to Stone’s casino, including notable figures like Al Capone—who owned a penthouse on the top floor. However, tensions grew between Stone and the Mexican government; his Casino was burned to the ground. But the city was restored as a railroad town. And in the 90’s Rocky Point blew up again as a tourist spot, inspired by the success of Cancun. Today, it is considered Arizona’s beach and perhaps one of the nicest vacations spots on the west coast. 

Safety Tips in Mexico

Mexico is one of those not uncommon examples of virtue misunderstood. In other words, Rocky Point is a beautiful place with a bad rap. Tourists flock to Puerto Penasco in search of relief from monotony or perhaps cold weather. A vast majority of these tourist come to Rocky Point, soak in the sun, have a few cocktails, maybe dance, and then head home refreshed and feeling like a million bucks. However, occasionally a bad apple will spoil it for the whole bunch. Indeed, the dangers of Rocky Point only apply to those visitors who treat this paradise as a free pass to act reckless and do whatever they want. 

If you intend to guzzle down tequila till you become a walking belligerent Frankenstein, then please stay home and do this in the states. You’re probably better off. Rocky Point’s community is not enthused to deal with flagrant perpetrators of disrespect. True residents of Rock Point respect the waves, people, and community around them. Sure we may enjoy a few more cocktails than the doctor ordered, but we do it responsibly. The waves, sand, and cheap drinks flow endlessly here along-side the fun. Please do not be one of those people who drinks 30 tequila shots, steals a cab, and then complains when they are confined in Mexican jail.

Besides a commitment to act somewhat reasonable, the best safety precaution one can take is to make sure all proper documentation is safe and secure. We highly admonish residents not to walk around with a passport in their swim trunk pockets while cruising sandy beach ten *** tails deep. Again, Rocky Point is like a pressure valve from everyday life, not a free-pass to act like a lunatic and terrorize a peaceful community. 


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