Being a leader in both real estate and property management in Cabo and all of Baja California Sur, Ronival truly understands the market. As such, Nick Fong, who is the founder of Ronival Real Estate, is excited to answer questions about real estate agent training, real estate throughout the area, and anything related to Cabo in Baja Sur.
Now, if you are looking for some informative info about real estate in Cabo along with the other amazing towns in Baja California Sur, you have arrived at just the right place!
Cabo financing options available to you now
Be sure to check out this exciting episode of Q and A with Nick Fong that reveals the new financing options available in Cabo and Baja Sur. Being the founder and broker of Ronival Real Estate, the number-one real estate brokerage in all of Mexico, Nick Fong has quite a wealth of knowledge and experience to share about real estate in Baja California Sur.
To be brief, you find that Ronival Real Estate now offers financing by partnering with Global Mortgage. Therefore, whether you’re from the United States or Canada, or if you’re from another country and buying real estate in Baja California Sur, there’s an amazing financing option available to you in Cabo.
From as little as 35 to 40 percent down, Global Mortgage offers some impressive options. On top of that, they offer typical loan terms, so you’ll know what to expect. So from 15, 20, and 25 year mortgages to competitive interest rates, Global Mortgage provides a great pathway to home ownership in Baja California Sur without having to pay in full.
Be sure to see this video to uncover much more!
Discover the purchase process and closing time in for foreigners in Baja Sur
In this recent episode of Nick Fong’s Q and A, Nick Fong, the broker and founder of Ronival Real Estate, presents just how long it takes to purchase a property in the real estate market of Baja California Sur. And being the leader both in real estate and property management in Baja California Sur, Nick Fong really understands the market throughout the area.
Now to answer the simple question: How long does it take? In the video, Nick says that it takes 60 to 90 days to close a sale in Baja Sur. But if you’re a foreigner, like from Canada or the United States along with any other country, it takes a little longer.
To begin, you must set up a fideicomiso or Mexican corporation. Now, check out the video to see the details and the process for yourself.
See the requirements for buying real estate in Baja Sur
As Nick and his team of professionals will walk you through, there are only a few requirements to follow when you purchase real estate in Baja Sur. And, it isn’t complicated.
Your Ronival real-estate agent in Baja Sur will help you through the entire process. So, don’t be vexed! Your attention should lie in finding the right Baja Sur real estate that fits all your needs and desires.
The list of requirements:
- Attain a Mexican Tourist Visa (min. requirement) or a Temporary Residency Visa.
- Provide your Passport from the country that you come from.
- Purchase a fideicomiso, which is a bank trust, held by a Mexican bank in your name.
After completion, a Mexican bank will then hold the trust deed for you. And most importantly, you’ll become the beneficiary and retain full ownership of that real estate in Baja Sur.
Really, that is all there is to it!
Work With Ronival Real Estate
Ronival Real Estate has helped thousands of buyers and sellers across Los Cabos since 2010. If you’re interested in Cabo Real Estate, our team can assist with everything from showings and negotiations to closing and property management. Have questions? Contact us here or call +52 (624) 227 5766.