Mortgage companies are offering more and more choices to foreigners buying in Tulum and The Riviera Maya. 

U.S. Mortgage loans are hitting the beaches of Tulum and The Rivera Maya and many other resort areas of Mexico. The real estate market in the Rivera Maya area will start to see many changes very soon! Home buyers from around the world will be coming to purchase property and requesting financing. Loans are now available in dollars for American and Canadian home buyers. Euro loans are available for your special clients from Spain, Italy, and Germany etc. But let’s not forget the Mexico Pesos loan……

Most homes on the market will soon disappear and some sellers are taking what is called silent bids. More then one buyer will  have an interest in a certain property and each will provide a silent bid to the seller or realtor and who ever has the highest bid will get the home. Mexico real estate is changing everyday and most realtors are loading up with options on how to sell property. There is a certain structure to work within this country. This system is not easy to operate and yet some choose to create a short cut that usually back fire. But there is never a full proof plan, and if you have been in this business long enough you know you cannot make everyone happy.

Most would admit the first round of conducting business has not been easy but once you have your mind set you push through issues and fix them then you start having fun. And no we did not forget about the developers. There are amazing options for financing your new development projects as well. These programs will bring billions of U.S Dollars to this country each year and create a stronger community and keep the real estate market moving for many years to come.

ConfiCasa and Wall Street Associates are one of the first innovators to bring financing options into Mexico. They have hundreds of people behind the scenes located in Mexico City, Monterey, Puerto Vallarta, Cabo, Baja, Playa and Wall Street's corporate office in Cancun. This huge team consists of lawyers, appraisers, closing, prep-condition, and department underwriters. They are currently moving 300 new loans a month, the process is moving more quickly, and Mexico is starting to understand the importance of this business. For more information on loan financing or just to ask a simple question please call Wall Street Associates at 998-883-3833 or visit their website at: www.wallstreetassoc.com