What is the first step of the San Felipe, Baja California home buying process?
First is making sure if San Felipe offers what type of lifestyle you are searching for. Although San Felipe has grown to accommodate the thousands of visitors that come throughout the year, we remain a small beach town with a very laid back vibe.
Second is community. What are some important factors when deciding which community to focus on? Are security and amenities important to you? Would you prefer to be walking distance to the Sea of Cortez? Would you rather not deal with a Home Owner’s Association? Maybe you might consider a leased property? These are important questions to discuss.
Third is deciding on your budget for the property purchase, the associated closing and fideicomiso or escritura costs. This will ensure no time is wasted considering homes that are not within your budget.
Next step is deciding which San Felipe Real Estate office to work with.
Finding a real estate professional is a crucial part of the home buying process so you will want to work with someone who will understand your needs within a transaction.
It is important to remember that there is a law in Baja California stating that anyone advertising or marketing Real Estate For Sale be licensed by the Consejo Estatal de Profesionales Inmobiliarios de Baja California aka the Baja California State Board of Real Estate Professionals (CEPIBC). The agent should also be a Member of AMPI San Felipe, the local chapter of Asociación Mexicana de Profesionales Inmobiliarios which is the Mexican Association of Real Estate Professionals (AMPI San Felipe).
Also be wary of unlicensed individuals requiring a “Finder’s Fee” to assist you…what professional would implement such a practice?
Darryl & Michelle are proud members of both CEPIBC and AMPI San Felipe. We assisted in creating AMPI San Felipe in order to bring licensing to San Felipe. We obtained our Real Estate licenses when they first became available in our regions, Darryl in 2015 and Michelle in 2016.
As Licensed AMPI San Felipe Associate Members, we are also International Affiliate of The National Association of Realtors (NAR) in the United States.
Having lived in San Felipe full time since 2005 and dedicating our efforts exclusively to San Felipe Real Estate, we are very aware of the numerous things can go awry within a transaction and strive to make the process as seamless as possible. Any time you’re facing a large financial decision, like buying or selling your home, it’s wise to work with an experienced professional to guide you through the process.
There is a large amount of time and attention that needs to happen into a San Felipe real estate transaction. There is no substitute for having an experienced San Felipe Realtor on your side. Navigating these issues takes experience. Given enough years, an experienced agent will see just about every issue you can think of. This could be the difference between a blown up deal, and one that holds together as well as saving you thousands of dollars.
There are many reasons why established agents stick around through even the toughest real estate markets and new agents tend to pop up only when the market is hot although that person may not have the licensing requirements or actual experience in the San Felipe market.
Purchasing a San Felipe home is a huge financial decision, There are many parts to a closing transaction, and there is no substitute to having a Licensed and Experienced San Felipe Professional Real Estate Agent by your side.
The concept of escrow is not formally recognized in Mexico. As such many area brokers use their or their preferred notairo pubico’s checking account to handle the funds, calling the account “escrow”. We advise and insist on utilizing a legitimate, insured, and bonded U.S. escrow company who is completely independent from ALL parties is the safest way to secure your funds. We prefer to utilize Secure Title Latin America as a true third party escrow to ensure funds are kept safe throughout the closing process.
The Service You Deserve in Realtors You Can Trust.
Work with Us for your San Felipe Home Purchase… Client Success Stories available!
If you would like to discuss purchasing a San Felipe property please call us at 619.793.5571 or email us at bajasunrealestate(at)gmail(dotted)com. We look forward to hearing from you!