How does the buying process take place?
LET US GUIDE YOU THROUGH THE BUYING PROCESS WHEN BUYING PROPERTY IN MEXICO
For the last 30 years Cancun and Playa del Carmen and now the Riviera Maya and Tulum and most recently the Yucatan coast have been top of the list for many foreigners to make real estate investments, whether this be their primary home, or a vacation rental property to generate income, or land banking for speculative profit.
You will find when you begin your search for an investment property that you may be a little overwhelmed by the number of realtors there are and the number of properties for sale as the areas are still booming! You will need our help to guide you through this and make sure you only work with the very best developers, delivering top quality construction within timeframes promised.
Our advice is to choose very carefully who you are working with. Ensure they are a certified realtor who can act as your buyers agent. You may find that the majority that called themselves realtors are actually not certified nor qualified to give you the advice you need or take you through the buying process correctly. This can put your investment and hard earned money at risk.
This is not the case at Delilahmex Luxury Properties. We are certified and licensed and are qualified to always give you the best guidance and advice. We have been in this area now for 30 years, 15 of those living full time in Playa del Carmen and have seen both sides of the coin as I have made many property investments over the years as well as helping hundreds of clients buy their dream property here in Mexico. My commitment to you working as both a buyers or a sellers agent is to ensure that your transaction is always done in a legal and secure way whilst taking the utmost care of your investment.
INITIAL CONTACT
We look forward to hearing from you!
You have been thinking about it for a long time and you have finally made a decision: you are going to take the plunge and look for an investment opportunity in Mexico; more specifically, in the Riviera Maya or one of the other nearby amazing locations such as Tulum or Playa del Carmen or Cancun. This could be beachfront property, a condo as an income producing property, or a piece of land for investment or construction.
What to do now? This is when you search and start to reach out to choose whom you would like to work with in this venture.
Whichever way you prefer to initiate contact with us, we will be available for you! If you want to start by sending an email, we will send a response email right away, or call us anytime for an informal chat, we all are bilingual in English and Spanish so do not worry about that. We are here to help you.
OUR PLUS: A SWIFT RESPONSE
Whatever communication means you use, rest assured it will be our pleasure to answer you asap and follow up with any information required.
FIRST CALL
What can we do for you?
Although email or social media is a great means of written communication it lacks something very important – the personal touch. We will want to speak to you directly, which for us is essential in order to build rapport and trust with your realtor and be able to work together. Nobody should take advice on an investment of hundreds of thousands of dollars from someone they have not spoken to in person.
We believe It’s vital to hear a human voice, exchange information, being free to ask as many questions you need to, be that about legal advice, the best areas to live, or the best areas for growth or even where is best for families and schools etc…. We are here to give you answers, and help you with your concerns or doubts and this is much more efficient by telephone. If you prefer we can also set up a meeting via Zoom, Whats App, Google Meet, Facetime, etc, whichever you prefer and allow us to greet you, exchange smiles and get to know you face to face and understand your needs to be able to best guide you and make your journey enjoyable. Just let us know when you are free.
DETECTION OF YOUR NEEDS
We need to find out, as precisely as possible, which are your needs and desires in order to fulfill them:
What do you want?
A beachfront property? An condo? A house? A piace of land? A property under construction? A property already built? Do you want this property to be a permanent residence? As a retirement investment ? As an investment property with vacation rental income?Where do you want it?
In Tulum? In Playa del Carmen? In other areas of the Riviera Maya? Or on the Yucatan coastline?
When do you want it ?
Now? Soon? Or are you prepared to wait for delivery to secure the best deals.How do you visualize it?
What have you dreamed or planned when thinking of buying a property in the Riviera Maya? What do you want in terms of style, space, view, layout, rooms, amenities, outdoors and indoor areas, finishes?OUR PLUS
At Delilah Luxury Properties, led by an experienced, independent licensed realtor, our team will gather this carefully gathered valuable data and develop a personalised plan suited to your specific needs to make your dreams come true.FOLLOW-UP EMAIL
Now we know what you want.....
This is what we offer you!
After this first conversation with you, and based on what we’ve learned about you and your needs and expectations, we will send you an e-mail with what we think are the best options for you to consider among an array of fantastic luxury investment opportunities in Tulum, Playa del Carmen and the Riviera Maya, or Yucatan for you to select from. We will always have the most updated and timely info on what is going on and what is about to go on in the market, as well as which are the best new developments in Tulum and surrounding areas.
It is very difficult for an investor if he/she does not have an experienced buyers agent working on their behalf. There are important reasons for this, firstly there is no MLS system in Mexico so you don’t know which properties are still available and which are years old listings that have never been taken down. Also, and especially in this marketplace, there are literally hundreds of developers and new projects and it is impossible to know which of these are reputable and reliable and fully funded without relying on sales to be able to build to complete construction. You can rely on us to use our experience and close relationships with both brokers and and developers to only stick to developers that deliver on their promises.
OUR PLUS
Here is something you can rely on: we will do all the hard work for you to find the optimum investment property for you, even if you have seen the listing somewhere else we are here to investigate it for you and make sure it is a safe and secure investment.
FOLLOW-UP CALL
Time to meet online for a chat!
After sending you information on the properties suggested by us, we will arrange ask a call or Zoom meeting or any other means you prefer for contact. This meeting is intended to go over the options we sent to you, analyse the pros and cons of each property that caught your interest, answer all sort of questions and doubts you may have, and hopefully, agree on what properties are the most suitable for your needs so we can add it to our list of possible viewings.
This is the moment when we advise you to ensure your loved one or any other person who will be part of this purchase attends this meeting and offers valuable opinions, comments or questions which we will be very glad to answer.
Also, this meeting is ideal for us to invite a trusted and prestigious legal consultant/attorney to inform you and explain all legal aspects of the transaction including the trust ‘fideicomiso’. This part of the conversation is vital, because this legal consultant will be your solid and honest representative in this transaction, so please feel free to fire all your questions; we are here to make sure you are completely at ease and confident that we will solve whatever issues may come up.
Should the meeting —or a subsequent meeting before your arrival— lead to your decision on buying that property that just HAS TO BE YOURS, then we can proceed an offer or to a purchase-sale provisional agreement with a small reservation deposit from you to secure the property so that nobody else can buy it. Believe us, sometimes they are gone in a few days and if that should be your case, it could be gone before you get here! This reservation deposit takes the pressure off by taking the proper off the market and securing a price, and of course, is FULLY-REFUNDABLE, so no need to worry. This will all be clearly established in writing in the preliminary agreement offer.
KEEPING IN TOUCH
We will be in touch!
Be sure of that!
After this meeting, whatever the outcome, we will be constantly in touch with you. Many of our clients go on to be lifelong friends and we always meet up for dinner or drinks when they are back in town.
You will also receive emails from us giving you valuable local news and information.
The current benefits of owning real estate in the Riviera Maya and its surrounding areas
Present and future events that will take place in the area that can boost your rental inquiries
Plans and projects in process that will increase the value of your property or entice you to make further investments, such as new investment opportunities for you or your friends and family and new services such as the Mayan Train and the new planned airport in Cancun and Merida.
Useful information about the present and past of this wonderful region of Mexico and its history and culture
News on gourmet and everyday food options to enjoy in each area.
Entertainment options in the area . You will be near many exciting beaches, cities and towns each with something unique and special to offer you!
Of course, we will always be personally available to follow up on your plans, your decisions, your acquisitions, your requirements, the status of the construction process if you bought the property in an initial stages, the status of legal procedures, help to find a management company to take care of all your rentals and guests. In general, we will get to know each other better and solve all your queries or requirement and hopefully remain in contact for many years ahead.
YOU ARE IMPORTANT TO US
The KEY DATE is here!
Fly to the Riviera Maya for an unforgettable buying experience!
Once the first steps are taken at a distance, they key date will come up: the date of your VISIT, when we will personally pick you up at the airport, welcome you to our fantastic part of the planet, show you around and share our absolute love for the Riviera Maya and all it has to offer you for both pleasure and investment opportunities.
If you have not yet made a decision or not paid a reservation deposit for a particular property, then this will be the time when we will show you all the properties on the shortlist, arrange tours with the owners/developers, and give you a general feel for the different areas.
It is important to plan a schedule where all involved can dedicate a part of the day to the tours, but also allowing time to think, ask questions, get a feel for the surroundings and hopefully be able to make a decision! We will enjoy the Mayan Caribbean together, and sample a taste of our delicious food and a cold beer or margarita where we can go over our day and thoughts.
If you have already made the decision and sent a deposit, the visit shall focus on your property and the surrounding areas and services that will make your life easier and ensure a fine return on your investment property. Of course you can also see other properties for comparison. And have no fear, if you are not fully satisfied with what you see, you can change your mind and use your reservation deposit to make a purchase offer on a property you prefer.
In both cases, this will be the time to meet your legal consultant and work on the procedures to follow up on that end.
We look forward to welcoming you personally to the Riviera Maya!
COMPLETING A SAFE ACQUISITION
Surely the above mentioned steps will be followed by others at different points of the acquisition process:
- Meetings with the owner /developer
- Meetings with your legal consultant
- Attorney completes and in depth due diligence report.
- Signing a formal Purchase Agreement
- Making decisions on ways of delivering a down payment and agreeing a payment schedule with the developer which will be negotiated by your buyers agent.
- Or full payment for your property if it is ready to deliver
- Setting up of escrow account if necessary.
- Exchange of all required documents.
- Setting up of trust ‘fideicomiso’ by your attorney.
- Executing a power of attorney, just for this this specific purpose, so that you can progress with any legal procedures when you are away.
- Await for your property to be ready for you to take possession of it.
- Signing of Title and delivery of keys to your new home.
CLOSE THE CIRCLE! BUY SAFELY AND SECURELY FOLLOWING THESE IMPORTANT STEPS
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