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Rosarito Real Estate

A message from Doug Jones, Mortgages Mexico's President

Hola a todos - Just a quick update.  In my recent conversations with agents and developers, although we have seen the normal slow-down of new buyers in August/September, October has seen an increase in the number of new buyers purchasing in Mexico.

One developer told me they have had 10 new sales in the last 2 months.  Although this isn't the same as the boom times, it is certainly a welcome sign.  We are actually seeing some developers starting to inch up their pricing on some of their prime units.  Just as we now know that for the past year we have been out of the recession in the US (statistically speaking anyway), the same will be true of real estate pricing in Mexico.

It will be many months AFTER we hit the bottom before everyone realizes the bottom of the market occurred and prices are heading up.  I truly feel that we are at rock bottom for prices in the Mexico market right now.  We are going to see some very good activity in the market in this high season that is beginning in much of Mexico.


We have seen an increasing number of new buyers looking to purchase in Mexico over the next several months.  They are contacting us to be pre-approved before they come down.  With a loan approval in hand, they can submit this with their offer and be considered the same as a cash buyer.  The closing time is shortened, and there is no need for a loan contingency in the contract, which are what sellers are looking for - no contingencies and a quick close.

By having a pre-approved loan, we simply add the address to the loan, with specific sales price and loan amount, and then get the new fideicomiso and lender appraisal done.  This may take up to a couple of weeks longer than a pure cash transaction, but this is a time-frame most sellers are willing to live with since they know they have a qualified, pre-approved buyer.

CONDOS FOR SALE

$219K Great Views!!!

Condo for sale in Bajamar
Take advantage of this opportunity at this below the market priced unit and if you are a cash buyer then we can better the price.

This brand new Mexican style unit comes with upgrades included, such as kitchen island, bedroom saltillo floors and Master bathtub with backsplash and large mirror.


Click here for more information on this property!

Below are other Great Condos for Sale!
LOTS FOR SALE

Starting at $12K Financing Available!
Only $500 Down Payment!


Ocean View Baja Lots
Located just 15 minutes south of Rosarito in the hills overlooking one of the best developments in the area, Club Marena, and the Pacific Ocean, are 2,000 to 4,000 sq. ft Ocean view lots at unbelievably low prices.

HOMES FOR SALE

$325K Owner very motivated!

Home for sale in Bajamar
Located in the guard gated, ocean community of Bajamar, this beautifully landscaped 4 bedroom/4 bath home is full of details that make it so unique.

The kitchen has a magnificently finished open beamed wood ceiling with a custom pattern that is exceptional. It has wood cabinets that will give you plenty of storage space with a separate pantry that lets you stock up on non-perishable items. 


Below are other Great Homes for Sale!
HOMES AND CONDOS
FOR RENT


$1,600 monthly, Fully Furnished!

Casa 7 Las Ventanas
Experience beautiful ocean views to the south, brilliant sunsets and evening breezes from this fully furnished, tastefully decorated beach home.

This spacious single-level home has 3 bedrooms, 3 baths, two of which are master bedrooms. Located in Las Ventanas, the premier community in Baja. Just 8 minutes south of Rosarito Beach, you are an easy drive to the border and to Ensenada


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"TIP OF THE WEEK" THINGS TO DO WHILE IN MEXICO Things to do while in Mexico


Mexico is one of the world's most visited travel destinations. Come for a week or a month or forever and you'll never run out of things to do.


People from around the world come to Mexico to visit places like Mazatlan, Cabo San Lucas, Puerto Vallarta, Acapulco, Puerto Pe�asco, Cancun, Playa Del Carmen, Rosarito, and many more. 


Thank you,

Margarita Mass
Account Executive
Baja123.com 

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