Alternative Financing Options:

In addition to the traditional methods of cash and lender financing that are used to purchase property in Mexico, we present some alternative methods that may be of interest. In the current world economy of tight credit markets and lowered market values, consider these alternative methods to acquire your Mexico vacation or retirement home. Please contact our office for more information on any of these alternatives. For detailed information on the process of purchasing Mexican Real Estate, see this excellent guide.

Owner Financing

We have several properties listed whose sellers will finance your purchase. Contact our office for more information on these properties:

50 Costa del Mar
75 Costa del Mar
275 Sol

Owner Trades

We have properties listed whose sellers will consider trades for property in other locations. Contact our office for more information on these trade opportunities.

338 Caracol-Owner interested in trading for a home in Western USA


 

Trade for San Carlos Property

We have property in the US that is available for trade for real estate in San Carlos. Contact our office for information regarding a trade for:

Trade for home in San Carlos.

Build your dream home in one of the most premier destination resorts in central Oregon and enjoy all the sun river amenities. This quarter acre lot is located close to the north golf course and pro-shop, grocery store and the new mavericks Sports facility. Plus, just across the street are millions of acres of national forest land. If you enjoy world class snow skiing, fishing, white water rafting, hiking, horseback riding, golfing, bike riding or just "goofing around and relaxing ", then this is the location for you!! Lot features large level building envelope in high-end neighborhood on cul-de-sac. Live in beautiful Sunriver and enjoy your friends and family. Offered at $379,900
 

If you have a property you would consider trading for real estate in San Carlos, Mexico, please contact us.

Mortgage Financing

Private Money Lending

Are you tired of low (or almost no), interest on your money from the banks? Consider earning 6+ percent interest with relatively low risk by providing "Private Money" for real estate transactions. Private Money is the term used when a buyer borrows money from a private party, not a lending institution, to purchase a home or land.

There are very good buyers in the market who want to secure their niche here in San Carlos, but can't come up with the total cash purchase price for a home or land. These are buyers with excellent credit scores and income history: but perhaps their current home isn't selling, or they are unable to pull home equity lines because of the lending crisis in the States. Whatever the reason, they are looking for substantial or partial financing to meet their objectives.

As a Private Money Lender, a typical loan would have a payoff date within 3-5 years so your money would be in a short term investment and an attractive interest rate of 6% or more depending on the circumstances. The Private Money Lender is the beneficiary of the real estate if the worst case situation occurs and the buyer defaults on the loan. Assuming that the real estate values have already bottomed out and appreciation is on the horizon, and that the buyer made a substantial cash down payment at the time of purchase, this risk could even be a benefit for the Private Money Lender. Imagine taking possession of a property that's market value is more than what was originally loaned out.

For more details on how you can be a Private Money Lender or to discuss the opportunities available for Private Money Loans, please call your Remax Specialist, Norene Sullivan.