[Bioonto-public] NUMBER ONE Success System

[Tommy Lee]

http://www.noss123.com/



Real estate in Mexico and Central America is different from the way that it
is conducted in the United States.

Some similarities include a variety of legal formalities, (with
professionals such as real estate agents generally employed to assist the
buyer); taxes need to be paid (but typically less than those in U.S.); legal
paperwork will ensure title; and a neutral party such as a title company
will handle documentation and monies in order to smoothly make the exchange
between the parties. Increasingly, US title companies are doing work for US
buyers in Mexico and Central America.

Due to the complicated legal exchange, or *conveyance*, of the property, one
or both of the main participants are likely to require legal representation.
The terminology varies with legal jurisdiction; see lawyer, solicitor and
conveyancer.

Because of the complex nature of many markets the *debtor* may approach a
mortgage broker or financial adviser to help them source an appropriate *
creditor* typically by finding the most competitive loan. Recently, many US
consumers (particularly higher income borrowers) are choosing to work with
Certified Mortgage Planners, industry experts that work closely with
Certified Financial Planners to align the home finance position(s) of
homeowners with their larger financial portfolio(s).

The debt is, in civil law jurisdictions, referred to as *hypothecation*,
which may make use of the services of a *hypothecary* to assist in the
hypothecation; that is, in obtaining a legal hypothec.

In addition to borrowers, lenders, government sponsored agencies, private
agencies; there is also a fifth class of participants who are the source of
funds - the Life Insurers, Pension Funds, etc.
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