From the Publisher's Desk
Convention Center
There is going to be a nice addition to Mazatlán in the form of a new Convention Center near the Marina Mazatlán Golf Course. The project hopefully will be completed early 2009. I would like to congratulate the powers that be and the citizens of Mazatlán for their foresight in combining the charm of Old Mazatlán and the progress of New Mazatlán. It is an excellent choice for vacationers and businessmen; they can access our beautiful beaches, one of kind theater, the superb hospitality of the people, and excellent homemade food (non franchise), by road, boat or air easily.
 
Buying Property
 
There is no licensing for real estate agents or brokers. The first thing you need to do is to deal with a reputable agent or developer. These usually are office based, have been here substantial years, have projects completed, phones at the office, staffed employees, and a business license. Once you have met with the agent, ask them for the names and phone numbers of satisfied clients, and call them.
 
The second most important person in a real estate transaction here is the notary. Even if you choose not to use an agent, this guy is a must. The Notario Publico is a government appointed lawyer who processes and certifies all real estate transactions, including the drawing and review of all real estate closing documents, thus insuring their proper transfer. Unlike notaries in the US, notaries in Mexico not only complete a law degree, their sworn testimony in court is considered fact. In connection with real estate transactions, the Notario Publico, upon request, receives the following official documents, which by law are required for any transfer: Top two reasons:
  1. He checks and reports if the property in question has any liens or encumbrances and if the ownership of the property is in good legal standing.
  2. He gets a statement from the Municipality regarding property assessments, water bills, and other pertinent taxes that might be due.
Do not pay large sums of money in advance without knowing precisely how to track the money as it is being spent. Have your Attorney advise you on how to transfer funds and make sure you are getting a fair exchange rate and know what you are paying for.
 
Where to find these guys: check with the real estate agents, yellow pages, consulate’s list, ask people that have purchased; the three online Mazatlán forums and our own Guide & Directory.
 
We try our best to give you accurate information and monitor our advertisers the best we can. Please don’t go into this blind and/or leave your brains at home.
Michael J. Veselik
Publisher