Agent

Look to Web when purchasing Mexican real estate

New site tackles questions, explains basics
Published on May 17, 2006

Harold Goakey took a break from a recent consulting job in Puerto Vallarta, Mexico, to visit a Realtor friend in the bustling tourist town. "I was sitting in his office, chatting with the American people who came in wearing their shorts and flip-flops when I realized they all had the same questions," said Goakey, an international travel business consultant. "They all wanted to know how they can safely hold title, find financing, insurance...and other sources and services in the area." He conducted some cursory research in other popular Mexican second-home destinations and heard the same message from other brokers and agents. All of them repeated the challenge--that they spent a considerable amount of every day explaining the basics of buying real estate in Mexico to U.S. and Canadian potential second-home buyers. "I thought it would be a benefit to consumers and everyone in the real estate transaction--Realtors, lenders, developers, title companies--to have a place that answers many o...

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