Common Asked Questions

Typically, cash transactions close in about 60 business days, while financed purchases may take 90 business days. However, delays due to Mexican holidays, bureaucratic delays or other factors are not uncommon.

Funds are held in escrow until the Fideicomiso is fully executed, and the property transfer is complete. Afterward, the funds are disbursed as per the agreed-upon terms.

Your closing package will contain the Fideicomiso deed, English translation, purchase agreements, escrow documents, tax receipts, and any requested due diligence materials.

Ownership and possession of the property generally transfer simultaneously at closing unless otherwise agreed upon by both parties.

The Trustee Bank is a Mexican financial institution that holds the title to the property in trust for the foreign buyer. While the property is not owned by the bank, the trustee is legally responsible for the trust. The buyer has the freedom to choose any authorized bank for this role. Local trustee officers facilitate

The original beneficiary of the trust can designate heirs in advance. If the primary beneficiary passes away, the estate proceedings must begin in the buyer’s home country, and a new beneficiary must be confirmed. Proof of the estate process is needed to transfer the trust to the new beneficiary.

The water bill is used to determine whether the property was the seller’s primary residence, which can affect their capital gains tax obligations.

No, the property is not an asset of the trustee bank. If the bank faces financial difficulties, a new trustee bank will take over the trust under federal law.

Escrow accounts in Mexico should be managed by third-party agents to ensure transparency and security. This prevents potential conflicts of interest and ensures that funds are released only under agreed conditions.

Title to the property is officially transferred once all parties have signed the deed, and the necessary documents are recorded with the public registry, which takes about three months after closing.