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PROPERTY PURCHASE PROCESS


      CONGRATULATIONS!!      

We found the right property for your Riviera Maya Dream! Now we make it a reality by preparing your Offer to Purchase and finishing with the close of your escrow. Mayan Mansions takes care of everything with you, hand in hand, from submitting your Offer to Purchase to getting you the Title to your New Caribbean Dream Property! Thank You for sharing this exciting adventure with us!

THE OFFER TO PURCHASE

Once you have found the right property your Mayan Mansions Team of Professionals will write up your Offer to Purchase the property. Together we will write up a fair Offer to Purchase including the price for the property and any possession that you may want to acquire with the purchase, contingencies if applicable, the initial down payment and balance payment terms, and the closing date of your escrow.

REAL ESTATE INVESTIGATION (Due Diligence)

An investigation will be held in the public registry of property and commerce of the state of Quintana Roo, Mexico, to verify the property is clear of all liens and debts. Once the investigation has determined the legal status of your property to be clear a binding purchase agreement will be drafted by the Escrow company.

COMMITMENT AGREEMENT (Promissory Agreement)

Upon the proof your property holds a clear title, the Fully Executed by Buyer and Seller Offer to Purchase will be drafted on a Promissory Agreement binding the property purchase as a legal sale commitment.

TITLE APPLICATION: TRUST (FIDEICOMISO), ESCRITURA OR MEXICAN CORPORATION

The next step, the Buyer Trust, Escritura or Mexican Corporation, will be coordinated and formalized through a Mexican bank, ensuring the property is properly titled to you and your beneficiaries.

TITLE (PUBLIC DEED)

In Mexico, the execution of the title always has to be done with a notary public. If you cannot be present at the time of closing escrow you will need to send an apostille from your state of residence prior to the close of your escrow. We will help you with this too if applicable. 

RECORDED TITLE

Finally, you will be provided with a certified copy of the Escritura Pública after its execution by all the Parties. Within 2 months of this execution date, the original Escritura Pública will be duly recorded in the public registry of property and commerce of the state of Quintana Roo, Mexico.