The words that real estate professionals choose to describe a property in listing ads could potentially result in the home selling for a premium, suggests an analysis that looks at listing descriptions and their effect on sales price and probability of sale. For example, property descriptor words in listing ads, like granite countertops and wood-burning fireplace, can help net higher sales prices.
For the first time in nearly a century, lawmakers are moving to allow non-Mexicans to buy coastal real estate and hold the deeds to it, without having to set up bank trusts or find silent Mexican partners.
Until recently, Baja California’s culinary contribution to the world amounted to the Caesar salad, a dish hardly associated with Mexican food. Beyond that, this long, thin peninsula was known more for its Chinese food and pizza thanks to the thousands of migrants from all over the world who began to settle the Mexican state south of California in the 19th century.
Escrow, as it will be discussed here, pertains strictly to the handling of funds in the real estate transaction. The transfer of title from Seller to Buyer and the acquisition of title insurance are separate components in the process.
Although many of the housing markets around the world are still going through difficult times, the horizon is clearing in the Rosarito-Ensenada Strip, where sales of vacation ownership are increasing.
Maday Valdenegro from The Baja Real Estate Group, Bajamar Premier Properties office, takes us on a tour of Country Club #77. A 3 Bedroom, 1 studio, 3 bathroom Villa right in the Bajamar Golf course.
These first six months of 2012, sales have doubled. Homes, that are well priced, sometimes are seeing multiple offers and selling close to list price.