Connecting cultures through our services in Mérida!
¡Conectando culturas a través de nuestros servicios en Mérida!
Don’t be a clueless house hunter or a victim of rental shenanigans. Our consultations are lifesavers when it comes to buying or renting. Learn how to start navigating the real estate market with boots-on-the-ground help.
Includes:
Includes:
PURCHASING
Is financing available? Purchases are typically cash only. While there is some finanacing available, it may not be an acceptable method of payment by the seller. With financing, it will also take more time – expect another 45 to 60 days.
Is it possible to buy property without a Fideicomiso? If someone advises you do not need a Fideicomiso as a foreign buyer, this is 100% incorrect. The ONLY time this would apply is if you set up the property in a corporation.
Who holds the deposit for the property? In most cases, the notario holds all monies for the real estate transaction in an escrow account and is in charge of the disbursement of funds.
What is ejido land, and can a foreigner purchase it? Ejido land is communal property belonging to an indigenous community. In order to purchase ejido land, 100% of the community must agree to sell it. It is common to find Ejido land in parts of the Yucatán peninsula. Only a Mexican National can legally purchase Ejido land.
RENTING
Will I get my deposit(s) back at the end of the lease term? It depends on many factors with the most important having professional representation. A walk-through at the beginning and the end of the lease term is imperative.
What happens if I break my lease? Technically, you are responsible for the remaining months on the lease AND you will looose ALL of your deposits. Breaking your lease puts undue stress on the landlord and it may affect your ability to rent in the future.
What do I need to rent a property? You’ll need one month’s rent up front, one month’s security deposit, one month’s guarantee deposit, and a contract fee.
Who is responsible for repairs? Surprisingly, the renter is responsible for any and all repairs and maintenance including cleaning mini-splits, tinacos, cisternas, fumigation, and items that may break during the course of the rental term. Some landlords/owners use renters to remedy deferred maintenance.
One thing we believe in is to provide information and education in order to make informed decisions. There’s nothing worse than relocating to a foreign country and being overwhelmed with a new culture, language, and customs. You’ll find real estate here is the Wild West, as many call it. No regulatory or oversight committee, no licensing, and conflicting information abound. It’s common to only be shown part of the picture. But how can you make an informed decision unless you know all of the components? This is where we excel!
We’ve put together a team of professionals to assist you every step of the way and not just real estate. We provide services for anything you may need to help with your transition including medical, rental cars and insurance, getting to know the neighborhoods and the city, and much, much more! With 50+ years of experience in customer service and the real estate industry, we are committed to helping our clients find the right resources, the most current information, and understanding what is involved in a real estate transaction.
It’s hard to know the right questions to ask when you aren’t familiar with local customs and processes. Therefore, we are here to supply advice and recommendations to reduce stress and increase satisfaction. We’ll take what may seem to be a difficult process and walk you through it to achieve your goals and dreams. We look forward to learning how we can help you!
Real estate is a great fit for me because I am passionate about people, sharing interesting facts, and providing a quick Spanish lesson. I have built valuable relationships with many service providers you need for your real estate transaction. I’ll show you the nearest grocery stores, hospitals, gas stations, and restaurants so you can learn all you need to know about the area. It’s my pleasure to help you find the next place you’ll call home!
Using my 30+ years of experience living, traveling, and moving overseas, I have a wealth of knowledge, understand the logistics, and established relationships for local resources to assist those moving to Mérida. While working with clients, they began to call me an Ambassador of Mérida. It’s an honor and one that I take very seriously.
Throughout her career, she has amassed extensive experience across multiple channels, including production, procurement, human resources, public relations, and sales. Her professional journey includes notable tenures at renowned companies such as Sidra Pino, Bahía Príncipe, UADY, and SoHo Galleries. Currently, Kena contributes her expertise to Life in Mérida™.
