We noticed that you're using an unsupported browser. The TripAdvisor website may not display properly.We support the following browsers:
Windows: Internet Explorer, Mozilla Firefox, Google Chrome. Mac: Safari.

Always know what you are buying for real estate!

In cooperation with: Visit Mexico
Which Ixtapa hotels are on sale?
mm/dd/yyyy mm/dd/yyyy
See hotels
Zihuatanejo, Mexico
Destination Expert
for Ixtapa, Zihuatanejo, Cabo San Lucas
Level Contributor
10,830 posts
6 reviews
Save Topic
Always know what you are buying for real estate!

When considering buying property in Mexico...always know what you are buying/getting...it is so important to have a notary (NOT a lawyer, but a notary). Check out this article...it is a good learning experience, without any cost to you and be glad that you are not one of these 40 owners!!

_____________________

guadalajarareporter.com/news-mainmenu-82/pac…

Foreigners – perhaps as many as 40, mainly Americans and Canadians – who purchased beachfront land in Tenacatita are outraged by the actions of wealthy Guadalajara businessman Andres Villalobos, who, with the support of dozens of armed Jalisco state police officers, has appropriated their properties, even though many have legal titles held in bank trusts.

Villalobos, who obtained a court order to carry out the eviction of around 50 low-income families, has vowed to demolish every standing structure in a 80-hectare tract of land bordering Tenacatita beach, regardless whether they are legally titled to others. State police and employees of Villalobos’ company, Inmobiliaria Rodenas, have blocked the road to the beach and are keeping everyone off the land.

Edited: 9:40 pm, August 14, 2010
Davie, Florida
Level Contributor
11,187 posts
2 reviews
Save Reply
1. Re: Always know what you are buying for real estate!

This same process is playing out on the beach in Tulum with rich Mexicans buying off judges to get N Americans evicted. You have to be nuts to buy land in Mexico. Ejito land can have multiple deed holders.

Edited: 9:50 pm, August 14, 2010
2. Re: Always know what you are buying for real estate!

-:- Message from TripAdvisor staff -:-

This post was determined to be inappropriate by the TripAdvisor community and has been removed.

To review the TripAdvisor Forums Posting Guidelines, please follow this link: http://www.tripadvisor.com/pages/forums_posting_guidelines.html

Our staff may also remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason. Thanks for being a part of the TripAdvisor travel community!

Removed on: 9:05 am, August 27, 2010
Zihuatanejo, Mexico
Destination Expert
for Ixtapa, Zihuatanejo, Cabo San Lucas
Level Contributor
10,830 posts
6 reviews
Save Reply
3. Re: Always know what you are buying for real estate!

And another article today...

http://www.theprovince.com/news/Slice+Mexican+paradise+becomes+eviction+nightmare+Surrey+resident/3457420/story.html

4. Re: Always know what you are buying for real estate!

-:- Message from TripAdvisor staff -:-

This topic has been closed to new posts due to inactivity. We hope you'll join the conversation by posting to an open topic or starting a new one.

To review the TripAdvisor Forums Posting Guidelines, please follow this link: http://www.tripadvisor.com/pages/forums_posting_guidelines.html

We remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason.

Removed on: 2:18 am, February 27, 2011