Real Estate Blog by Flock Dream Homes

By Brian Flock (Mexidata.info)Mexican President Felipe Calderon, while visiting Baja California on March 9, pledged incentives to attract international filmmakers and productions to Rosarito Beach (Playas de Rosarito).  The president implemented the "Program to Support the High-Impact Cinematographic and Audiovisual Industry," which ...

By Brian Flock·   The decree would allow foreigners direct ownership of "residential use" property in the so-called prohibited zone.·   Amendment could simplify and accelerate investment in tourist communities and beach areas.A new constitutional amendment, proposed by Mexican Senator Mario López ...

Prior counsel now especially apparent in the light of the global financial crisis In February 2008, I wrote in Mexidata.info an article analyzing the Baja phenomenon of what I called “virtual real estate inventory.” I defined this as real estate that existed only in builders’ minds and within the miniature models in their sales ...

On December 14, 2008, Tiger Woods hosted his Championship Club at Punta Brava at the tip of Punta Banda in Ensenada, Baja California. The event included the presentation by Tiger of custom fitted clubs to early club members and a driving range at one of the eight holes over water by Tiger Woods Design. Tiger personally led the attendees on a ...

By Brian Flock·   Buyer Tips to Clarify Conventional Wisdom about Distressed PropertiesBuyers today have been regularly trained by the United States (US) media to be on the lookout for foreclosures as one of the staples of getting a great deal in the current real estate market. Yet buyers taking that conventional wisdom south of ...

Get Your Property Title into a Bank Trust NowBy Brian FlockWith alarming regularity in the past, foreigners buying property in Mexico ignored their basic purchasing rights. Complete, legal title to a property in Mexico should have transfered at the same time that you took possession of and started paying for real property. Yet many buyers ...

The following story in a Canadian newspaper should be an eye opener for buyers. Although the scary story has a "happy ending," it cost the author a month of angst and frustration and the lesson was simple: Always use a title company to manage the funds involved in a Mexico purchase! Mexican standoff Learn the ropes before buying ...

·   Buyers, Sellers, and Brokers Benefit from Internet TechnologyThe rapid growth in use of a new Internet technology over the past two years by Mexico real estate brokers has resulted in a de facto Mexican multiple listing service (MLS). The new system better serves buyers and sellers of real estate throughout coastal and ...

Transaction security is essential to a healthy real estate market. However, many new buyers are surprised to learn processes that they take for granted in the United States are either optional or don’t have an exact equivalent in Mexico. This column will explain the key differences pertaining to the term escrow since it means something quite ...

Although originally printed in JOINus Rocky Point, January 2008, Baja Fair Trade recommends this message to all buyers in Northern Baja. Don't forget that title insurance is NOT available on property until you get title. Title insurance is not available on preconstruction contract. Title Insurance is Not An Option! By Angelica Gonzalez, CEO, ...