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Risks of Buying Mexican Real Estate

Ask the sellers if they have U.S. title insurance and if they have their Fideicomiso. If a non-Mexican seller of a property in an area where Fideicomisos are used doesn't have their Fideicomiso, there is a reason why, usually some title problem. That doesn't stop the sellers and agents from selling you something. If the seller has a Fideicomiso, that is not a guarantee that they have clean title.

Recommendation#3: Ask non-Mexican sellers if they havetheir Fideicomiso. Ask the selling agent if they have verified that there are no liens on the property, and if condo association fees, utilities, and property taxes are up-to-date.