Foreclosure, by definition, is the legal procedure for satisfying claims against a mortgagor in default who has not redeemed the mortgage; satisfaction may be obtained from the proceeds of a forced sale of the property. There are many reasons why mortgagors may fall into default but historically it happens when the mortgagor loses his job, loses his health, or for some other reason is unable to make his mortgage payments in a timely manner. Today, the majority of reasons for
Read MoreHow to Make Your Kids Happy…Buy Real Estate in Mexico!
As parents, we all strive to raise good, productive, and happy kids. This goal is so important that there have been numerous articles and books written by psychologists and other experts in the field dedicated to the subject of raising children. Most of the experts agree that giving kids anything they want, when they want it, only leads to spoiling them. Instead of creating happiness, this practice all too often leads to disappointment; kids that expect every wish to be
Read MoreHerd Mentality as it Applies to Real Estate in Puerto Vallarta, Mexico
With the incredibly fine winter climate, proximity to the US and Canada, and the amenities offered, Puerto Vallarta, Mexico has long been recognized as a great resort destination as well as retirement haven for North Americans. Beginning early in the 21st century, Vallarta, as with many other resort destinations, began an explosive period of growth. Developers from around the world flocked to Vallarta in order to cash in on the baby boomer retirement plans. Within a short period of time,
Read MoreCondominium or Villa in Puerto Vallarta, Mexico?
Invariably, when North Americans visit Puerto Vallarta, Mexico, they have such a good time under absolutely ideal conditions that they hate to leave. Upon returning home, many immediately begin planning their next trip to Vallarta and can only dream about retiring here someday. The fortunate ones, either currently retired or about to retire, often start thinking about how they can own a piece of Vallarta and spend at least a part of their retirement time in Paradise. Many visitors interested
Read MoreThe Fountain of Youth Rediscovered in Puerto Vallarta
Puerto Vallarta, the sleepy little Mexican fishing village that’s no longer sleepy or little is located at the same latitude as Maui, Hawaii. Being at that latitude, Vallarta experiences the same perfect daily temperatures as Maui from November through May averaging about 73°F. However Vallarta is much more hospitable for vacationing or retirement during those months because it experiences an average monthly rainfall of less than 0.4 inches, whereas Maui receives anywhere from 1.7 to 2.6 inches of rain per
Read MoreWant to Live Longer?
Life! Ah, there’s nothing we’d rather have! If only the condo salesman would have known that extended life was included in the selling price of the condo back in 1984. Thirty five years ago, while visiting Mismaloya, just south of Puerto Vallarta, Mexico, we were approached by a super condo salesman. His pitch was that after making the original deposit, the rental income would virtually pay for the condo. We fell for it and bought the full ownership of two
Read MoreRevolutionary Prostate Cancer Treatment Comes To Puerto Vallarta
Puerto Vallarta, Mexico is home to the new and modern San Javier Hospital and the even newer Vallarta Medical Center (previously known as Cornerstone Hospital) and CMQ hospitals, all of which provide just about every kind of medical service available anywhere in the world. A fourth hospital, AmeriMed (now named Hospiten) has been in Vallarta about 20 years and it too offers numerous services. Hospiten currently has another huge new hospital that rivals the San Javier and Cornerstone Hospitals. As
Read MoreRetirement on the Mexican Riviera
Riviera; the word alone tends to conjure pleasant images of beautiful scenery, of calm serenity or relaxation, even of Paradise. By definition, Riviera is an Italian term originally from the Middle Ages for the coast of Liguria. The two divisions of the original Riviera, both of which border the Ligurian Sea and an arm of the Mediterranean Sea, are the Italian Riviera and the French Riviera. Retirement on either Riviera would be wonderful if you have seriously deep pockets, don’t
Read MoreReady to Live in Luxury?
After a lifetime of hard work, isn’t it about time that you enjoy the fruit of your labor? By now, you should be ready to start living large, living like a king, living in luxury, or just plain living the “life of Riley”! James Whitcomb Riley’s poems depicted the comforts of a prosperous home life, while those using the term “living large” are referring to living with an extravagant or self indulgent lifestyle; able to pay for and enjoy a
Read MorePre-Boomer Lifestyle on the Mexican Riviera
First, let’s define Pre-Boomer; obviously it’s before Boomer! The Baby Boomer Generation is defined as those born after World War II; generally between the years of 1944 and 1964. Consequently, the average age of the nearly 80 million US born Baby Boomers is just now turning 65 years old. The Pre-Boomer Generation is typically defined as those born during the 20 year period prior to the end of WW II or roughly from 1924 to 1944. There were approximately 50
Read More