Almost Monthly Newsletter

Bridge to Puerto Los Cabos

Can you believe it! We are going to have a bridge from San Jose Del Cabo over the arroyo to the new Puerto Los Cabos, and the East Cape (for all of you who like to get out of town for a change.) They are expecting to begin construction by the beginning of July! We’ll see, but one thing is for sure: This is a great thing for the property values in Puerto Los Cabos and beyond through to the East Cape. Do you own out there yet?  Call me today to get the latest information on available properties and developments.

Know your closing costs.

When buying real estate in Mexico, a common mistake buyers make is regarding closing costs. By calling these fees due to the attorney, Title Company, notary, etc. “Closing Costs” gives most people the idea that they are paid at the end of the transaction. Wrong.  In order to engage their professional services, one must pay the fees at the beginning. It should really be called “Opening Costs,” but for some reason that’s not the way we do it down here.
Did you know that on my Web site, I have a link that takes you to an estimator of closing costs from International Land Title? My recommendation: Use it. It is very important that you are fully informed about these things before you come down here to buy.  You can get to it from my Tools & Links page: http://liveinloscabos.com/tools.htm.

The fish are biting

Thirty six percent of charters caught yellow fin tuna last week giving a total of one hundred and fifty one fish, most in the 20 to 35 lb class. One exception was a one hundred pound fish landed aboard "Andrea" on June 8th by Brittany Holmes from St. Stephen, South Carolina - she also released a striped marlin - both catches were at Cabeza de Ballena. Dorado catches were almost as high percentage wise per charter, but less fish were actually caught. Skipjack and the odd rooster were taken.