Located in the Western Sierra Madre, Riviera Nayarit is fast becoming one of Mexico’s most popular tourist destinations. This picturesque, attractive yet serene coastal area is made up of several towns, including Bucerias. Since the area is destined to be a popular tourist destination in Mexico, a lot of investors are flocking to this place to capitalize on some prime pieces of property for their personal use or for business reasons.
Investing in local real estate Bucerias Mexico property investors say, can be quite complex and confusing, especially to foreigners. There are certain elements of the whole real estate investment process that can be different from the ones you are familiar with or accustomed to. Because of this, foreign (and even local) investors who find the whole process of real estate investment in Mexico complicated should consider working with trusted realtors.
If it’s your first time to look for and choose a good real estate agent to work with when investing in property in Bucerias, Mexico, below are some hints and tips you can follow:
Scout around for referrals. Speak with your friends, neighbors, colleagues, other investors,and anyone else you know who has gone through the experience of buying property in Mexico. You can also go online to find out which real estate agencies that have listings in Mexico come with glowing recommendations. If you ask enough people and do sufficient research, you’re bound to come across reputable real estate agencies or agents that will keep popping up.
Check the real estate agency’s website. Today, a well-established online presence is crucial. Most property buyers start their search on the Internet; as such, you want to make sure your agent utilizes this tool efficiently and effectively. Look at the agency’s listings as well to check the prices and to get a better idea of how closely related they are to the property you want to buy.
Make sure the realtor has the right credentials. Hire a realtor who can effectively meet your needs and interests. A realtor who does not have the right training, experience, and qualifications won’t be able to provide you the help and services you need to successfully pick and invest in the right property.
Interview several realtors. Once you have a list of qualified and trustworthy realtors, set up interviews with the top three or four agents you are considering. During the interview, assess their professionalism, enthusiasm, genuineness, knowledge and familiarity with various technicalities such as titles, appraisals, negotiation, and inspections. From these interviews, select a realtor that you feel comfortable working with.
Discuss your expectations with your chosen realtor. Lastly, once you have selected your realtor, make sure that both of you are on the same page, right from the beginning. Find out how often your realtor will provide you with listings and how they will keep you informed. You should also inform your realtor of your expected time frame and your target budget. Finally, you and the realtor should also finalize details on how you two will communicate and how often.