Much of the confusion about Ejido land stems from the Punta Banda case in Ensenada. Many Americans became nervous about purchasing property in Mexico after they saw news reports about Americans expatriates in Ensenada whose land and homes were "taken away" from them. So what really happened?
- The Americans were sold land by someone who did not have the legal right to sell the land
- Purchasers ignored the fact that the land was in litigation when they bought it
- The deals seemed too good to be true, and in the end, they were
Purchasing property in Mexico can be just as safe as in the U.S. or Canada. Many companies such as First American Title and Stewart Title now offer title insurance for property in Mexico.
No comments:
Post a Comment