Real Estate picking up
+11
johninajijic
gringal
Sideways
Texmexco
Nosnow
wiz1
CheenaGringo
brigitte
RoofBob
Zedinmexico
CanuckBob
15 posters
Page 2 of 2 • 1, 2
Re: Real Estate picking up
Sideways wrote:johninajijic wrote: The only pleasant experience is that we got close to asking..
Curious: what was your FIRST asking price and what was your FINAL asking price?
Knowing John and his opinion of his house's value/worth...he probably kept raising the price.
slainte39- Share Holder
- Posts : 9348
Join date : 2010-07-22
Re: Real Estate picking up
When our neighbor died her son came down and got an FM2 before he sold the house so he did not have to pay capital gains,. I do not know if he was correct but if he was the heirs will pay the capital gain .
brigitte- Share Holder
- Posts : 4318
Join date : 2011-12-02
Re: Real Estate picking up
How did he go to an FM2 unless he had an FM3 first, or was he here awhile before selling the house?
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
Re: Real Estate picking up
I know 2 people who did it so I guess it was possible He was here a very short time.
I do notknow under the new law how you could do it.
I do notknow under the new law how you could do it.
brigitte- Share Holder
- Posts : 4318
Join date : 2011-12-02
Re: Real Estate picking up
The fellow came every year to visit his mom for a few days, go to the coast for vacation and reup his FM3. He was able to apply for an FM2 and receive it quickly so he could sell her house quickly. Which he did for much less than it might have if he had taken his time and consulted a real estate office. The woman who bought it got a STEAL at under $150K. The guy was happy though because in his own words his mother had lived 20 years longer than she should have and if she'd just died a few years earlier he'd have had way more money. He was an ass. We hated him and having to deal with him over the years about his mothers.
solajijic- Share Holder
- Posts : 648
Join date : 2011-03-24
Location : Ajijic November 2004
Humor : "I a, a practical woman. Sentiment only takes one so far. At some point, practicality must enter the room."
Re: Real Estate picking up
He really was an ass, albeit a fairly lucky one.
Thanks for telling the story.
Thanks for telling the story.
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
Re: Real Estate picking up
You can apply for as permanente as the first step now if you have enough resources to show. We received our permanentes after only 10 months of having our first FM3's.
Re: Real Estate picking up
The other person was on an FMM and went directly to FM2. I guess no change there .
Last edited by brigitte on Mon May 13, 2013 3:18 pm; edited 1 time in total
brigitte- Share Holder
- Posts : 4318
Join date : 2011-12-02
Re: Real Estate picking up
CanuckBob wrote:You can apply for as permanente as the first step now if you have enough resources to show. We received our permanentes after only 10 months of having our first FM3's.
There's some indication this may change to the advantage of those with less assets and to the disadvantage of those with fewer years. Reference: Spencer on TOB suggesting we get on with it if we're going Permanente after a short time here.
Lucky you, CBOB
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
Re: Real Estate picking up
Spencer is who suggested we do it right away. He probably doesn't have a lot of faith in things staying the same and who knows they could cancel it all together or increase the required amounts even more. We weren't going to wait around to find out.......jaja.
Re: Real Estate picking up
We are going Perm early also to get it done and so they won't change the rules
on us.
Z
on us.
Z
Zedinmexico- Share Holder
- Posts : 5604
Join date : 2011-10-28
Location : On the hill in Ajijic
Humor : Red Dwarf, Marx Brothers, SCTV
Re: Real Estate picking up
Zedinmexico wrote:We are going Perm early also to get it done and so they won't change the rules
on us.
Z
INM just changed the rules quite drastically. Why are you convinced they won't ever change again, including the new permanente?
Sideways- Share Holder
- Posts : 178
Join date : 2011-12-19
Re: Real Estate picking up
If they change the permanente again it won't likely affect those that already have one (IE. raise financial requirements or change other qualifying factors) hence the reason to get one now if you can.
Re: Real Estate picking up
The permaente is the equivalent of the green card and although they can twick thigs here and there you are way better protected than under the temporary status.
It is true pretty much everywhere although they can decide yo need to renew or update your papers every 10 years or some othe annoyances they are likely to be small changes, nothing like they pulled on the FM3 this year.
If you live here permanently you should get a permanent visa to be protected.
It is true pretty much everywhere although they can decide yo need to renew or update your papers every 10 years or some othe annoyances they are likely to be small changes, nothing like they pulled on the FM3 this year.
If you live here permanently you should get a permanent visa to be protected.
brigitte- Share Holder
- Posts : 4318
Join date : 2011-12-02
Re: Real Estate picking up
Are you saying that a permaente allows you to work? I was not aware of that. A green card is basically a permanent work visa in the US.brigitte wrote:The permaente is the equivalent of the green card and although they can twick thigs here and there you are way better protected than under the temporary status.
It is true pretty much everywhere although they can decide yo need to renew or update your papers every 10 years or some othe annoyances they are likely to be small changes, nothing like they pulled on the FM3 this year.
If you live here permanently you should get a permanent visa to be protected.
tictoc- Share Holder
- Posts : 309
Join date : 2012-12-03
Re: Real Estate picking up
Going back to my demographics question, I didn't explain my thinking since I wasn't questioning nationalities but more interested in the reasons behind this reported surge. In no particular order:
1) First time buyers possibly impulse buying on their first visit?
2) Investment buyers thinking the market was turning upwards and opportunities exist to "flip"?
3) Buyers who have been renting and finally made up their minds on an area to live?
4) Buyers who have recently sold and now are ready to either down or upsize?
5) Another category of investment buyer looking towards rentals for income?
Just a few possible reasons and I would guess others can come up with many more?
1) First time buyers possibly impulse buying on their first visit?
2) Investment buyers thinking the market was turning upwards and opportunities exist to "flip"?
3) Buyers who have been renting and finally made up their minds on an area to live?
4) Buyers who have recently sold and now are ready to either down or upsize?
5) Another category of investment buyer looking towards rentals for income?
Just a few possible reasons and I would guess others can come up with many more?
CheenaGringo- Share Holder
- Posts : 6692
Join date : 2010-04-17
Re: Real Estate picking up
tictoc wrote:Are you saying that a permaente allows you to work? I was not aware of that. A green card is basically a permanent work visa in the US.brigitte wrote:The permaente is the equivalent of the green card and although they can twick thigs here and there you are way better protected than under the temporary status.
It is true pretty much everywhere although they can decide yo need to renew or update your papers every 10 years or some othe annoyances they are likely to be small changes, nothing like they pulled on the FM3 this year.
If you live here permanently you should get a permanent visa to be protected.
I have heard that with a permanente you can work..... OR it is very easy to get a "lucrative" attachment once you have the permanente.
Perhaps Spencer can weigh in on this.
Re: Real Estate picking up
Interesting. This is good information. I'll be eagerly waiting for Spencer’s take on it.CanuckBob wrote:tictoc wrote:Are you saying that a permaente allows you to work? I was not aware of that. A green card is basically a permanent work visa in the US.brigitte wrote:The permaente is the equivalent of the green card and although they can twick thigs here and there you are way better protected than under the temporary status.
It is true pretty much everywhere although they can decide yo need to renew or update your papers every 10 years or some othe annoyances they are likely to be small changes, nothing like they pulled on the FM3 this year.
If you live here permanently you should get a permanent visa to be protected.
I have heard that with a permanente you can work..... OR it is very easy to get a "lucrative" attachment once you have the permanente.
Perhaps Spencer can weigh in on this.
tictoc- Share Holder
- Posts : 309
Join date : 2012-12-03
Re: Real Estate picking up
Sideways wrote:Zedinmexico wrote:We are going Perm early also to get it done and so they won't change the rules
on us.
Z
INM just changed the rules quite drastically. Why are you convinced they won't ever change again, including the new permanente?
Why do you say they changed the rules quite drastically? What rules changed. I haven't seen anything posted.
johninajijic- Share Holder
- Posts : 3850
Join date : 2010-10-23
Age : 80
Location : West Ajijic
Humor : Sometimes
Page 2 of 2 • 1, 2
Similar topics
» Real estate seems to really be picking up
» Is the Real Estate picking up?
» Chapalajara Real Estate?
» Real Estate Agents
» Real estate boom?
» Is the Real Estate picking up?
» Chapalajara Real Estate?
» Real Estate Agents
» Real estate boom?
Permissions in this forum:
You cannot reply to topics in this forum