The mortgage industry on both sides of the border has been good to me. Now I live on the beach in La Paz, where I am writing a series of books for you. You will find the answers to questions you did not even know you had!
As part of my heartfelt thanks to all of my clients that have trusted me over the years, and to the readers of my books, and people like you, I am providing these forms for you even if you didn’t buy my book.
There are discount coupons on loan, title and closing services. Forgive me if I reserve them for people that have purchased my book.
As you begin your search for your dream home in paradise, there are things you need to do first. I designed these forms for my clients and now they are here for you.
1. Loan Pre-Qualification Form
There are very well priced long-term US dollar mortgages available in Mexico. If you will be using financing, you need to be sure that you will be able to get the loan.
I have attached here a loan qualification worksheet. This will give you a snapshot of your debt, show you how the lender looks at your debt, and let you see upfront whether you are in a position to be approved for a loan. Download this form and use it to crunch the numbers
2. Homebuyer’s Checklist
Use this as you visit each prospective home. If the home has a feature sheet, number it and the HomeBuyer Checklist so that you can remember which house is which. If there is no feature sheet, make a note on your HomeBuyer Checklist write something that will bring an image of the house to mind:
“Beach house with tall palms” or “condo on top floor in “Coconut Towers, Cancun”
3. Wants/ Needs in My Dream Home
It is vitally important that you let your Realtor know what amenities you will not live without, and those that would be nice. It is also just as important that you and whoever you are buying the property with agree on this.