Closing Services
This is an area that is very different in Mexico when compared to the United States. In Mexico, the Buyer typically pays for the closing costs which can range from 6 to 8 percent of the purchase price. There are a number of variables that affect the final closing costs; such as where the property is located, the citizenship of the Buyer, the bank used to setup the Bank Trust, if the trust is being transferred or if a new trust is being setup, the specific Notario used to finalize the transaction, etc.
First Title Services provides an on-line "Good Faith, Cost Estimator" for Buyers. This service is used to help Buyer get an "ESTIMATED" cost to close their transaction. Our closing services are designed to close our customer's transactions with the Notario in an expedited manner for a reasonable price, while keeping our customers updated on the status.
Our closing services manager has over six years of experience working directly for the Municipal Office of Rosarito as well as two years working for a Notario and four years working for a Correduria Publica (A Federally Appointed Attorney that facilitates Commercial Transactions in Mexico).
Every Real Estate transaction in Mexico must be closed in order to transfer ownership, so let us help you understand the process, expedite the process and get it done for the best price.
Please click on the link below to get a GOOD FAITH ESTIMATE of the costs involved to close your transaction. Actual costs will be given once your application has been submitted and received internally by our closing department.
GOOD FAITH COST ESTIMATOR
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