Congratulations! You did a great job finding the right property. Now it’s time to move forward with the closing, that complex legal process of changing property ownership from one party to another.
A property purchase may be the biggest investment you make, so choosing the right Closing Agent is key.
The buyer has the right to designate the closing agent who is an impartial party to the transaction. Or, if you already have a Mexican trust and need assistance, you have come to the right place.
Understanding the legal requirements, local dynamics, and cultural differences is crucial when buying property in Mexico.
Real estate practices, negotiation styles, and contractual norms may differ from those in other countries. It is essential to keep in mind that you are in another country, and processes, costs, and times will be different from those of your country.
The experience of a local closing agent who understands the market can provide valuable insights and guidance throughout the buying process, and it will always be the best option for a successful transaction.
Fideicomiso is the Spanish word for a specific type of trust, which is established by a Mexican bank and allows foreigners to purchase property within the restricted zone, which includes any land within 50 kilometers (31 miles) of the coast and 100 kilometers (62 miles) away from any Mexican border.
Fideicomisos as well as Mexican corporations are the legal figures that allow foreigners to purchase property in México, and to do so while still meeting the requirements of the Mexican Constitution, the trust has a 50-year term, renewable for another 50 years.
This gives foreigners the exact same rights as Mexicans when it comes to property ownership. You can either buy, rent, sell, or modify the property.
Adhi Guevara
Hello, I’m Adhi
I am a proud local and a mother of three children who have grown up here in Todos Santos.
I hold a degree in business management and am a Closing Agent with more than 15 years of experience. I consider myself your local expert and a true lover of Baja California Sur. One of my many passions is organizing operations, planning, and directing a variety of tasks to achieve goals and objectives.
One of my hobbies is bird photography and I am an enthusiastic tennis player. I love the nature and wilderness of Baja California Sur.
WHAT CLIENTS ARE SAYING ABOUT WORKING WITH THE AGENCY
QUICK CLOSING PROCESS OVERVIEW
The closing process is a very intricate set of steps that are performed, and one step cannot be performed before the other has been completed.
This process has a standard time frame for a cash purchase transaction where both the Buyer´s and Seller´s documents are all in order at the beginning of the closing timeline.
There are so many variables that can occur because we are dealing with Buyer´s and Seller´s who are typically not in Mexico and we have many third parties who are involved in the process such as public notaries, homeowners associations, Buyer and Seller closing Agents, Foreign Affairs Minister for the fideicomiso permit, trust banks, government offices, etc.
The time frame that you or the seller agree on is recommended as an estimated date, however, the real closing date will be determined by the Public Notary once all of the closing documentation has been completed, and, from there, final signatures will be scheduled.
Typically, the final date can be determined within the las two weeks of closing.
Given all the variables that exist in a Closing, defining whether the buyers and sellers will be present in México for the closing date is essential, otherwise, a POA (power of attorney) will be needed.
In this case, you will close with a Limited Power Of Attorney for the purpose of signing the deed transfer only or a General Power of Attorney with its powers limited to signing documents only for the sale of a particular purchaser. All other documents will be executed by all parties during the closing process.

Navigating the closing process doesn’t have to be overwhelming. With expert guidance and a seamless approach, we’ll take care of the details so you can focus on the excitement of your new home in Baja California Sur.
Ready to take the next step? Let’s connect!