Purchasing a home in Mexico, whether for vacation or for permanent residence, is a very exciting moment.
For this, the Internet is a great tool to search for properties, and in a few clicks you will be browsing different listings of various houses and condos.
However, the unfortunate truth is that many real estate scams exist online. Here, we’ll give you the main rules to keep in mind to avoid falling for scams when buying real estate in Mexico.
Beware of Any "One Time Offers" to Buy a House
Don't trust any "seller" who pressures you by claiming you’ll miss out on a great opportunity or that there’s many people interested in the same house.
Although the demand for a property can be high because it’s an excellent option, pay attention to how much the seller is pressuring you. It’s one thing to kindly let you know that they’re other people interested, and a whole other thing to constantly push you into buying it.
Unfortunately, these types of threatening actions can be related to scams. They’re only looking to generate stress and create the false notion that you need to buy fast before you have time to realize it’s a scam.
Don’t Buy a House Without Seeing it in Person or on a Virtual Tour
It’s crucial that the seller always gives you the option to see the house, whether it be in person or through a virtual tour. Don't let them tempt you with only words and photos (which could be edited).
There is nothing like seeing the property with your own eyes. If it can be in person, even better. If for some reason that’s not possible, we recommend that you take a virtual tour so you can still see all of the details. It’s also a good idea to ask for any verified customer testimonials to hear the experiences of other buyers.
Make Sure the Seller has the Rights to Sell the Property
This is especially important if the house you’re interested in is not new. You must be confident that the current seller has the rights to sell it.
The best way to make sure of this is by having a real estate attorney assure that everything is in order. Additionally, it’s always a good option to meet with the owner and discuss any previous issues the house has had to know what you might have to deal with in the future.
The Best Advice: Buy Your New Property From a Reliable Real Estate Agency
There is no better way to avoid scams when buying a house in Mexico than to go through a well-established, reliable, and reputable real estate agency.
To choose the best one, it’s important to note if it’s a company that’s been in the business for several years and has a successful track record in keeping its promises.
At TAO Mexico, we make buying houses and apartments in Mexico easy. As one of the top real estate companies in the country, we have years of experience and have delivered hundreds of luxury properties.
Our exclusive residential complexes are located in the best beach destinations, such as the Riviera Maya, Los Cabos, and Puerto Vallarta.
Contact us today! Our expert advisors are well-versed in the real estate industry in Mexico, and will be happy to help you make the best real estate investment.