Comments on: To All My Friends who told me I was crazy to buy a house instead of renting one at Lake Chapala Ajijic, Mexico http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/ Chapala and Ajijic Mexico, the best expat retirement community in the world. Wed, 08 Feb 2012 15:05:00 +0000 hourly 1 By: Jill http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/comment-page-1/#comment-22533 Jill Mon, 04 Apr 2011 01:58:30 +0000 http://www.chapalaclub.com/?p=3770#comment-22533 You are most welcome:) All the best! You are most welcome:) All the best!

]]> By: Sid Grosvenor http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/comment-page-1/#comment-22528 Sid Grosvenor Sun, 03 Apr 2011 23:57:17 +0000 http://www.chapalaclub.com/?p=3770#comment-22528 Thanks so much for your response to my article at Chapala Club.com. regarding renting as opposed to buying. We are now into 2011 and we still feel we made the right decision. As time goes by I feel that Lake Chapala is going to see more and more Canadians and Americans moving down here to be able to live well on a lower income. This eventually will effect the price of rentals and home ownership. I feel very safe, despite all the adverse publicity about Mexico - especially living in Lake Chapala. Thanks again for taking the time to respond to the article I wrote. Regards Deanne Thanks so much for your response to my article at Chapala Club.com. regarding renting as opposed to buying.
We are now into 2011 and we still feel we made the right decision.
As time goes by I feel that Lake Chapala is going to see more and more Canadians and Americans moving down here to be able to live well on a lower income. This eventually will effect the price of rentals and home ownership.

I feel very safe, despite all the adverse publicity about Mexico – especially living in Lake Chapala.

Thanks again for taking the time to respond to the article I wrote.

Regards

Deanne

]]> By: Jill http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/comment-page-1/#comment-22524 Jill Sun, 03 Apr 2011 18:11:55 +0000 http://www.chapalaclub.com/?p=3770#comment-22524 The problem with putting down roots in some countries, is that safety can be precarious. Reading your article dated in 2009 and seeing that Mexico is still having its problems, it makes me think I'll never buy- just rent. My expectations are really basic, and as we age, we want even more safety. Take care. And remember, there is always a way home:) All the best to you two:) The problem with putting down roots in some countries, is that safety can be precarious. Reading your article dated in 2009 and seeing that Mexico is still having its problems, it makes me think I’ll never buy- just rent. My expectations are really basic, and as we age, we want even more safety.

Take care. And remember, there is always a way home:)

All the best to you two:)

]]> By: GailAnne http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/comment-page-1/#comment-8087 GailAnne Wed, 28 Oct 2009 15:27:50 +0000 http://www.chapalaclub.com/?p=3770#comment-8087 Nice words Deanne....see you soon!!! Get me the info re: LIA kids, ok?? Nice words Deanne….see you soon!!! Get me the info re: LIA kids, ok??

]]> By: Sid Grosvenor http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/comment-page-1/#comment-7926 Sid Grosvenor Wed, 21 Oct 2009 13:44:02 +0000 http://www.chapalaclub.com/?p=3770#comment-7926 Hi Joseph and Val, Thanks for the comment and questions. Unfortunately I don;t have any contacts in Manzanillo. As far as I know they do not have a multiple listing service there so each firm will want to sell you their own listings. I also seriously doubt due to the lack of a MLS that you would find a Buyer's Only agent. Outside of the Lake Chapala area the phrase BUYER BEWARE takes on an added emphasis. Our MLS group here follows very closely the National Board of Realtors guidelines from the USA and are affiliated with them via training programs. The other problem with buying anything in Manzanillo is that you can't own the property in your own name by direct deed being along the coast. You take possession via a Bank Trust (Read a lot more fees to begin and every year you retain possession.)<strong> NEVER. NEVER read NEVER purchase a property via "Presta Nombre". </strong> Some people contract with a Mexican National to put there property in his/her name. This is extremely dangerous. If you feel the beach area is for you after a through conisderation of the cimate and extra costs then use a Bank Trust. A lot of people find out sooner or later that as great as the beach areas are for visiting that its too hot to live there all year long and the new wears off. I know of one couple who could not wait to get to Manzanillo moving there from Lake Chapala... and now they're back here. It's more or less a 5 hour drive by car from there, Not sure of the time by air but I would guess under an hour including check in time (but that's a guess). I hear the big luxury buses are good too, but none of them go from there to here. They will take you to Guadalajara and then you face an expensive taxi ride fro the bus station here.... or a hassle to get from the big bus terminal in the Tonala area to the central downtown bus station in Guadalajara where you would catch the bus to Chapala. Compare <strong>ALL</strong> the costs and the convergence factors and you will probably be flying, but keep us informed of what you find out. All for now. Thanks again for checking in with us. Look forward to seeing you in March 2010. Siempre tu amigo, Sid Hi Joseph and Val, Thanks for the comment and questions. Unfortunately I don;t have any contacts in Manzanillo. As far as I know they do not have a multiple listing service there so each firm will want to sell you their own listings. I also seriously doubt due to the lack of a MLS that you would find a Buyer’s Only agent.

Outside of the Lake Chapala area the phrase BUYER BEWARE takes on an added emphasis. Our MLS group here follows very closely the National Board of Realtors guidelines from the USA and are affiliated with them via training programs.

The other problem with buying anything in Manzanillo is that you can’t own the property in your own name by direct deed being along the coast. You take possession via a Bank Trust (Read a lot more fees to begin and every year you retain possession.) NEVER. NEVER read NEVER purchase a property via “Presta Nombre”.

Some people contract with a Mexican National to put there property in his/her name. This is extremely dangerous. If you feel the beach area is for you after a through conisderation of the cimate and extra costs then use a Bank Trust.

A lot of people find out sooner or later that as great as the beach areas are for visiting that its too hot to live there all year long and the new wears off. I know of one couple who could not wait to get to Manzanillo moving there from Lake Chapala… and now they’re back here.

It’s more or less a 5 hour drive by car from there, Not sure of the time by air but I would guess under an hour including check in time (but that’s a guess).

I hear the big luxury buses are good too, but none of them go from there to here. They will take you to Guadalajara and then you face an expensive taxi ride fro the bus station here…. or a hassle to get from the big bus terminal in the Tonala area to the central downtown bus station in Guadalajara where you would catch the bus to Chapala.

Compare ALL the costs and the convergence factors and you will probably be flying, but keep us informed of what you find out.

All for now. Thanks again for checking in with us. Look forward to seeing you in March 2010. Siempre tu amigo, Sid

]]> By: Joseph http://www.chapalaclub.com/2009/10/to-all-my-friends-who-told-me-i-was-crazy-to-buy-a-house-instead-of-renting-one-at-lake-chapala-ajijic-mexico/comment-page-1/#comment-7920 Joseph Tue, 20 Oct 2009 23:34:09 +0000 http://www.chapalaclub.com/?p=3770#comment-7920 Hi Sid, Hope you are well. Val & I are planning another trip to the area sometime next year (march?). Anyway, we also wanted to check out Manzanillo for a few days. Do you know any RE agents there both for rental and/or to look at some properties. We want to get a feel of the area. Is there anyone like you there?! ;). we are trying to decide to fly into Guad or Manz & bus or rent a car. Any ideas/suggestions appreciated. Joseph Quarto Seattle, WA Hi Sid,

Hope you are well. Val & I are planning another trip to the area sometime next year (march?). Anyway, we also wanted to check out Manzanillo for a few days. Do you know any RE agents there both for rental and/or to look at some properties. We want to get a feel of the area. Is there anyone like you there?! ;) .
we are trying to decide to fly into Guad or Manz & bus or rent a car.

Any ideas/suggestions appreciated.

Joseph Quarto
Seattle, WA

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