http://1sttitleservices.com/blog LEARN THE SECRETS OF BUYING AND SELLING REAL ESTATE IN MEXICO Tue, 09 Apr 2013 17:17:49 +0000 en hourly 1 http://wordpress.org/?v=3.0.1.2 LEARN THE SECRETS OF BUYING AND SELLING REAL ESTATE IN MEXICO Ross E. Buck clean Ross E. Buck rbuck@1stTitleServices.com rbuck@1stTitleServices.com (Ross E. Buck) First Title Services 2011 LEARN THE SECRETS OF BUYING AND SELLING REAL ESTATE IN MEXICO Smart Mexico Real Estate,Mexico Real Estate, Smart Investing in Mexico Real Estate http://1sttitleservices.com/components/com_wordpress/wp/wp-content/uploads/2011/08/Picture2.png http://1sttitleservices.com/blog TV-G Rosarito Beach, Mexico http://1sttitleservices.com/blog/archives/154 http://1sttitleservices.com/blog/archives/154#comments Wed, 27 Jul 2011 18:12:11 +0000 Ross http://1sttitleservices.com/blog/?p=154 http://1sttitleservices.com/blog/archives/154/feed 3 Con Artists,Mexico Real Estate,Real Estate Agents,SCAMS A recent rash of calls have come into my office either asking First Title Services to start working on a new closing or to help verify if the Buyer in question is legitimate. - With the dramatic slowdown in real estate transactions over the past thr... A recent rash of calls have come into my office either asking First Title Services to start working on a new closing or to help verify if the Buyer in question is legitimate. With the dramatic slowdown in real estate transactions over the past three years, both Sellers and Agents (and First Title Services) feel the anxiety of finding new clients. Historically this means that unscrupulous characters start coming out of the woodwork, looking to prey on those that are in some way “desperate”. This can come in the way of individuals claiming to have LARGE financial holdings and work to structure the purchase of large tracks of land. Sometimes these individuals make promises to bring the money to the deal at the last moment and work with a large land holder to be ready to transfer their property through a Joint Venture Agreement. Their goal is uncertain but often times they look for ways to milk money out of those involved either for trips, appraisals, closing fees, etc. only to disappear when it’s time to deliver the money. The recent rash of phone calls and emails refer to the latest SCAM to hit our area. Below is an excerpt of one of the emails. It always seems to be someone claiming to be from Canada and they'd like to make an offer on properties without ever coming and seeing the property. The emails look fairly convincing because the language used appears that it is coming from someone who is familiar with real estate transactions. From: Chung Lee Date: Wed, Jul 27, 2011 at 6:36 AM Subject: RE: Rosarito 3-5 bedrooms homes To: REAL ESTATE AGENT (Name withheld) Thanks so much for your email, I will like to offer this house because I love the curb appeal The indicated price is $599,000 please note my offering price is $599,000 for this property, please send me the contract with docusign for me to sign and return immediately this will be my retirement home and it will be a cash buy 1. I will want to close on 25th September, 2011 2. I want to put down $5,000.00 Earnest money + $250,000.00 down payment towards home. 3. I want to put contingency on inspection on the contract. My legal name is Chang Lee of 2000 Sheppard Avenue, Toronto Ontario Canada M3N 2J1 and I am single, I will not be in Canada before the closing date to wire the funds to an attorney so I will advice you to send me an attorney information for a check to be drawn to give enough time for check clearance since I wont be in Canada to wire funds for closing. Please forward me a purchase contract agreement in docusign format, docusign format is an electronic way of signing document. My Canadian Rep Mr. Peter Andrews Esq will Issue payment in US Funds $250,000.00USD for the earnest money and the down payment for the property payable to your attorney, the check will be deliver to your attorney. I strongly advice that I need an attorney to represent my interest in this transaction, my lawyer can pay to seller so therefore I would like to deposit all payment with the lawyer. Please I need the following information for your attorney immediately at my own expense Law Firm Name................................................... Law Firm Address....................................................... Law Firm Telephone...................................................... Lawyer's Name........................................................... Regards Chung Lee If you receive an email message like this and as appealing as it might seem, take my word for it and delete it. Anything else will be a complete waste of your time and potentially set you on a path to be financially harmed by the parties who are creating these messages. To read additional information regarding this email you can check out the following website: http://800notes.com/Phone.aspx/1-416-824-1768/3 Thanks for your time and as always we're here to help you do “SMART MEXICO REAL ESTATE”. Ross E. Buck – President Ross E. Buck clean 4:04 http://1sttitleservices.com/blog/archives/135 http://1sttitleservices.com/blog/archives/135#comments Wed, 27 Jul 2011 00:46:19 +0000 Ross http://1sttitleservices.com/blog/?p=135 http://1sttitleservices.com/blog/archives/135/feed 2 Approved Listing Program,Listings,Mexico Real Estate,PodCast,Smart Mexico Real Estate In this first session of "Smart Mexico Real Estate", your host, Ross E. Buck will be talking about the new program from First Title Services called the "Approved Listing". - This program was designed after five years of closing real estate transacti... In this first session of "Smart Mexico Real Estate", your host, Ross E. Buck will be talking about the new program from First Title Services called the "Approved Listing". This program was designed after five years of closing real estate transactions only to realize that most delays and problems in the closing process are caused by the Seller of the property. As foreigners, it's understandable that your property is a second home to you and you don't focus all of your attention on having all your i's dotted and your t's crossed. That's where First Title Services's new program comes in to help both Sellers and Listing Agents to certify that everything is in order with their property BEFORE it's advertised for sale. Sit back and listen to this first in a series of Real Estate PodCasts designed to help you to do SMART REAL ESTATE IN MEXICO. Ross E. Buck clean 4:53