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July 25, 2014

This Week

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Seller Tip

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Agent Picks of the Month

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Seller Tip

10 must-do repairs before selling

''When you put a home up for sale these days, you're facing stiff competition. In most parts of the country, buyers are faced with huge numbers of homes for sale. Before asking strangers to trade hundreds of thousands of their hard-earned dollars for your little palace, make all the little repairs you've always meant to do but never had the time for.

These 10 basic repairs will help prepare your house for a buyer's white-glove inspection."

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Buyer Tip

Top five tips for buying overseas property

''Great deals can certainly be had when buying foreign real estate directly from owners. Nevertheless, if you are unfamiliar with the foreign real estate market, then purchasing through a professional real estate agent or from a reputable property developer can provide useful guidance that can help you avoid many pitfalls when buying overseas property.''

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Rental Tip

Should You Buy Rental Property?

''You might buy a property in a good neighborhood that needs repair. If you're handy and like doing fix-up work (or have enough profit in a deal to hire a contractor), you can make the repairs and sell it for a profit, or keep it for a rental. Some people like to invest in multi-family properties that are already making money or one where they can live onsite in one of the units. Or you could buy a vacation home that you rent out on a weekly or monthly basis and use for yourself part of the year.''

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Hola amigos!

The summer keeps marching on! We have seen some more rain this week, including one VERY strong storm a couple nights ago. If we are watching your property and you haven't heard from us.... then all is fine!

The summer storms also bring the rip tides and there have been several rescues this week. Plaease be careful out there and if you see a beach lifeguard, thank him!

It's been a very eventful week in Mazatlan, with movie stars visiting, new public tennis courts opening, Teatro Angela Peralta being renovated, and the aurigas are installing the safety doors. Schools in Mexico are also out for the summer and Mazatlan has been BUSY! The bridge has absolutely transformed this city!

Also this week, Mazatlan was listed by USA Today as one of the best places to catch a sunset, PROMEXICO named the city as one of the top 4 cities in Mexico for investing, and the US State Department has given approval to Mazatlan! Finally!

Have a fabulous weekend!

Your Solutions Mazatlan team :)

Agent Picks of the Month!

vue1200 Unit 02

3 bedroom / 2 bathroom

$299,000 USD - The entire 3rd floor!!!!

Agent Comments:

Upon entering your condo directly from the elevator (with exclusive turn key security), you will be wowed with the ocean views, open layout and nearly 50 ft. of frontage with the Pacific Ocean. This condo feels more like a oceanfront home because of the open layout, high 10 ft ceilings and floor plan.

Costa Bonita 301A

2 bedroom / 2 bathroom

$168,900 USD - HUGE reduction!

Agent Comments:

This is a great condo to buy if you want to live in Mazatlan with full resort amenities without spending a fortune! The condo has recently been repainted (May 2013) and has also enjoyed some upgrades (new artwork, bathroom upgrade, flat-screen TV, newer leather sofas). It is in excellent condition and ready for your vacation use.

Royal Country B15

2 bedroom / 2 bathroom

$65,000 USD - Great oppurtunity!

Agent Comments:

Great opportunity to own a 2 bed / 2 bath apartment that is in good condition and is in a great, tranquil location in the Cerritos area. There is parking available, but you don't need a car with public transport and a mini-super less than 2 minutes away. The beach is also a short walk away, and supermarkets such as Walmart and Sam's Club as well as Galerias Mall and schools are less than 10 minutes away by public transport.

Las Mananitas #4

2 bedroom / 2 bathroom

$195,000 USD - Views worth millions!

Agent Comments:

Located in on the beach in Sabalo County, an area popular with both nationals and expats, you will find nearby nightly entertainment, music and fine dining. There are many establishments within a very small walking distance. Even though the area is sprinkled with various stores and other businesses, if you feel you need to leave, you are merely 1 block to bus transportation!

Formula One World Championship is back in Mexico!

''Mexico's Major Entertainment Company signs 5-year contract to host Formula 1 competitions. Mexican live events company CIE announced on Tuesday July 22nd it has signed a five-year contract to host Formula One races in Mexico starting in 2015. CIE said in a filing with the Mexican stock exchange that the deal was still subject to final negotiations. It did not provide terms of the deal. Races will be held at the Rodriguez Brothers race track in Mexico City, which last hosted a Formula One race in 1992."

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Mexico could edge out Thailand as most popular for medical tourism

"Mexico is in an ideal position to overtake Thailand, primarily because of its location next to the world's biggest source of medical tourists, the United States, says Sergio Rodr�guez of private health care firm M�dica Sur. The U.S. represents 40% of the world medical tourism market, he says. "The quality conditions of private health services in Mexico are very competitive and you can find in many cases they are at the same level as the best health institutions in the world."

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Mexico dominates foreign investment in Latin America

Mexico continues to dominate foreign investment in Latin America, as Mexican firms continue to see opportunities for growth in the region. In the past four years, Mexico has been the principal source of direct foreign investment by successful firms such as Bimbo, Am�rica M�vil, Femsa and Cemex. The investments during that period total more than US $63 billion. "

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Historic Mazatlan, Mexico

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