Posts Tagged cost of living in mexico
Why retirees are fleeing the US
Posted by Cabo Real Estate in Articles on November 23, 2009
A move to another country may make economic sense, especially for seniors who don’t have enough savings to live in retirement without a dramatic cut in lifestyle.
By Scott Burns
A move to another country may make economic sense
Several years ago a Dallas couple approaching retirement disappeared. Well-known on the charitable-event circuit, the couple were in Dallas one day and gone the next. Phone disconnected. No forwarding address. No working cell-phone number.
Eventually, word spread that they were somewhere in Mexico. They had sold whatever they owned, packed their car and headed for the border. They were, conflicting reports said, living in small towns, the kind of places seldom featured in travel magazines.
We can only speculate on what happened. I think they were broke, had little or nothing in savings and knew they had to make a major change to survive on their Social Security income and minimal savings. Like millions of other Americans, their ship never came in. They got older. Work became harder to find. Suddenly, they realized their life was entirely unsustainable. They were heading toward a cliff. Read the rest of this entry »
Choosing a Trusted Real Estate Brokerage in Mexico
Posted by Cabo Real Estate in Articles on October 7, 2009
When you realize that Mexico Real Estate is your best investment for your retirement with a saving of up to 30-40% on your cost of living, you need to then explore not only what area of Mexico you will live or eventually live.
Living In Mexico
You will also need to explore which community fits your lifestyle. Who are your neighbors and what amenities fit you or even your family. After all, when you live in Mexico, friends and family don’t just come for dinner they come for the weekend. You become their Mexico vacation.
Other common questions are: how close are the markets? How accessible is health care? What is the status of the Home Owners Association? Is it well funded? Well run? Reasonable CC&R’S, and of course is it a safe investment.
This is when you realize that you need not only a long time established Broker with years of experience in Mexican Real Estate, but you need a Broker with years of living in the area and that is also part of the community. A good Brokerage will keep their agents trained and updated on the market, different communities and new developments, starting pre-sale or already delivering. A good Brokerage will make sure that every buyer or seller their agents takes on, they will be well represented and informed with the good or bad.
Most of all you need an experienced and knowledgeable Broker when choosing your Brokerage. Kathy & Max Katz have more than 19 years living and doing business in Mexico, they have become the most trusted names in Baja real estate as well as their Agents.
Contact a Baja Real Estate Group Agent today and see the difference yourself. A group of agents that exclusively represent Baja’s best real estate developments, who have inventory to sell in some of the best ocean front communities in the area. If you are currently working with an Agent, this is not intended for solicitation, just information. We gladly work with all Brokers and Agents.
Thinking about a long term Baja rental before you buy? Or just to explore what the Baja lifestyle is like on a long term basis? Contact us about our rent to own listings.
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