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Thursday, April 20, 2006

Cashing In on a Second Home in Mexico

“Cashing In on a Second Home in Mexico”

How to Buy, Rent and Profit from Property South of the Border
By
Tom Kelly and Mitch Creekmore


Mexico has it all . . . From lush and tropical mountainous municipalities perched on brilliant bays, to miles of white sand beaches merging into iridescent azure water, to quaint European-style houses lining cobblestone streets in picturesque villages and towns, our Spanish-speaking neighbor to the south is abundantly rich in geographic and natural diversification.

Cashing In on a Second Home in Mexico (Original Paperback, $19.95, ISBN 0-9770920-0-3) is a straightforward, informative guide that helps potential second home buyers, investors and renters easily understand the nuances of Mexican property, mortgage history and closing process, plus:

Discover how to safely hold property within Mexico’s “restricted zone”
Explore dynamic new locations South of the Border
Collect strategies on researching a Mexican property for purchase
How the fidecomiso, or Mexican trust, provides new ownership opportunities
Explore creative avenues of financing your dream retreat
Find innovative ways of attracting desirable, qualified renters
Understand tax benefits, ramifications of a Second Home in Mexico

Written by Tom Kelly, a nationally syndicated real estate columnist and talk show host, and Mitch Creekmore, senior vice president of Stewart International and one of the world’s foremost authorities on Mexican transactions, Cashing In on a Second Home in Mexico leads all consumers who are now working for a safe and profitable getaway property through the maze of options and possibilities of obtaining Mexican property. This useful book especially targets the Baby Boom generation - the largest, healthiest and wealthiest to enter its senior years in history – plus those in the real estate industry who assist them.

Al Heavens, longtime Philadelphia Inquirer real estate writer whose stories appear in newspapers and websites around the country, wrote “this book is as important to the first-time American second-home buyer as the Boy Scout Manual is to the tenderfoot.’’
Heavens, president of the National Association of Real Estate Editors, went on to write “it's true that much of this information can be found on the Internet. The difference is, of course, that Kelly and Creekmore have the kind of expertise that will help you sift through all of that information and make the kind of informed decision that will allow you to make a safe and sane investment in Mexican real estate.”

Cashing In on a Second Home in Mexico also contains real stories of how real people attained their dream of owning Mexican property. It includes helpful maps of some of the most popular areas, preparation checklists, capsule outlines of specific regions plus helpful websites and English-Spanish language tips and terms.

ABOUT THE AUTHORS

Tom Kelly is a nationally syndicated newspaper columnist and radio talk show host. He served The Seattle Times readers for 20 years - several as real estate editor – and his work now appears in The Los Angeles Times, The Houston Chronicle, St. Louis Post Dispatch, The Oakland Tribune, Kansas City Star, Louisville Courier-Journal and Des Moines Register plus more than two dozen other newspapers.

He is the author of “The New Reverse Mortgage Formula” (John Wiley & Sons) and co-author of “How a Second Home Can Be Your Best Investment” (McGraw-Hill) written with John Tuccillo, former chief economist for the National Association of Realtors.

In 2005, Tom’s award-winning radio show “Real Estate Today” began its 12th year on the CBS affiliate in Seattle. The show is syndicated by Business Talk Radio to approximately 40 domestic markets and airs on 450 stations in 160 foreign countries via Armed Forces Radio.

Mitch Creekmore is senior vice president and director of international business development for Stewart Information International, a world leader in title insurance and other real estate information services. He has been a licensed Texas real estate broker for more than 20 years. He has authored numerous articles on the Mexican system of real estate conveyance, Mexico’s foreign ownership requirements including Mexican land title matters, subdivision development procedures, escrow and tax considerations, ejido land and financing issues.

Cashing In on a Second Home in Mexico is distributed to the retail book industry by Partners Publishers Group, Inc.

Crabman Publishing
P.O. Box 4719
Rolling Bay, WA 98061






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