Contact Details
Ventanas Residences Cabo San Lucas, BCS, 24310
phone: (415)251-1970 mobile: (624)168-3560 Email Victor

Ask me why you should use our Closing Agency...

 

Purchasing property in any overseas location requires a extensive amount of research, planning and preparation, and Mexico is no exception. You will also need to hook up with the right professionals who can guide you through to a successful property transfer in Mexico, that is why Portus created its own closing agency, with over 25 years of combined experience in the Mexican Real Estate Industry, Portus has closed hundreds of successful property transactions in Los Cabos alone.
So after you find the perfect home while in Cabo, Portus will be there during and after the purchase of your new home.

Portus will also be able to advise you, and steer you to the right financial institutions if financing is required, depending on your personal circumstances, to help you complete your property investment in Mexico

 

 

An experienced Closing Agent is a key person in the real estate purchasing process. Hiring a good Closing Agent who understands the ins and outs of the Mexican legal system and the requirements of the law as it relates to foreign investment will make the real estate transaction go much smoother.

The closing agent should be involved in drawing up a promise contract and reviewing all documents including title, certificate of no encumbrances, and  permits. A closing agent can also order a complete title search before the transaction reaches the notary public, which will save the buyer valuable time and money should there be a problem with the title.

 

Every transfer of Mexico Real Estate property MUST, by law, be made before a Mexican notary public.

The Mexican notary public is required to have a degree in law.  He must have a minimum of five years of legal practice, pass a rigorous examination and then be appointed by the governor of the state in which he/she resides.   The notary is legally responsible for the review of the prior deed and the tax and lien certificates.  The notary must draft the new deed, calculate the Mexico Property Taxes due and pay them.  Also very important, the notary is accountable for his/her actions through the state and national notary associations.