Dimensional Door - Freeople Thread 19

Today | Me

[Mo1]

Thank you Loddy

[Sundog]

Thank you Westy,

I really appreciate that. Now I can start off my morning.

[westmex]

I hope it's warmer there than it is here...31° brrrrrr.

.....Westy......

[Sundog]

We had a low last night of 14, tonight will be 10.

I made a little cover over 3 sentimental plants in my back yard, put a rope lignt on the bottom to keep the ground thawed, put in a 'thermo-cube' that turns it on when it gets down to 34 inside the cover, and it stayed on all night.

The all-time record low for this part of Utah -30 set in
1955 right around Thanksgiving. It can get cold here, desperately cold.

[westmex]

Mexico looks better all the time....lol

.....Westy.....

[Sundog]

I like it, You know my wife is Mexican and we got our daughters dual citizenship (only available to children under the age of 18) so they can return. Mexico has a law that ownership of land is only allowed by Mexican nationals, so Gringos have to rent / lease / borrow.

The trick is to find a nice community of retirees already in place to join, for language / stores / services. I can't seem to learn Spanish...

These communities tend to crop up around airports....
My brother-in-law had a nice house in one but it was on leased ground, and a nasty-nasty-nasty fight ensued with the lawyers representing the indiginous people and he lost everything ... except letters from other lawyers promising to try to get it back for a fee.

[westmex]

Mexico has a law that ownership of land is only allowed by Mexican nationals, so Gringos have to rent / lease / borrow.

I hear there is a thing called a fidicomiso or bank trust where a Gringo has full ownership rights, like sell, will, etc.

.....Westy.....

[Sundog]

Probably true,

I simply wind up so leery of these institutions and anything Mexican and Legal that I don't keep up on these things.

My Bro-in-law had an Encinada estate, bought 4 house lots just back from the ocean, put up a 5 level house on them (they made up a square with a big back yard) paid handsomly for a local architect and local workers, it was gated and patrolled, and was a part of the Baja Beach and Tennis Club. It had all the papers and legalese in place.

Then the indiginous people who received a monthly stipend met a lawyer who told them they could have the homes on their land for free if they would back him, (they lived in shacks just off the Tennis Club boundary) and when he was done suing, the Tennis club was bankrupt and abandoned, the homes were turned over to the indiginous, and there was no compensation to the owners.

Some of them landed in real hot water for dynamiting their estates before than turning them over.

[lodwick]

The Lake Chalapa area that Westy linked us to is nice, as is Guanajuato, which has a large group of ex-pats living there....Guadalajara has the nearest international airport if memory serves correctly - it's been a few decades since we were there.

[lodwick]

They should have dynamited the lawyer.

[westmex]

CAN FOREIGNERS REALLY OWN PROPERTY IN MEXICO?

Yes, Americans and other foreigners may obtain direct ownership of property in the interior of Mexico.

However, under Mexican law, foreigners cannot own property outright within the restricted zone. Instead, a real estate trust must be set up to hold title for the foreigner. Since foreigners are not able to enter into contracts in buy real estate, they must have a bank act on their behalf, much as a trust is use to hold property for minors because they also can not contract. The following is a brief outline of the law regarding such trust, known as "fideicomisos", but potential buyers should always get advice and have all real estate transactions overview by a licensed Mexican attorney.

The above off a web site

.....Westy.....

[Sundog]

This is what happened as a result of the Baja Beach and Tennis Club fiasco, it is the change in law prompted by the extreme visibility given to the abuse of the indiginious people's right to their historic homeland laws which were in place before.

Guanajuato -- This is real close to were we go in Central Mexico, it is very nice.

[westmex]

The web site is below


http://www.mexonline.com/propmex.htm

.....Westy....

[lodwick]

[restornu]

Exactly, those 'Kbeckers have NO sense of humor at all. Angriest bunch you'll ever not want to meet.!!

My father was one of the nicest people you would ever want to meet and always there to help antother, his father came from Quebec as a young man to the America in the early 1900's and was true blue to the USA!

So did his wife, my father mother come from another part of French Canada!

They were hard working, porductvie citizens of the USA!

[Sundog]

http://www.hispanicvista.com/html/001103sd.html

Here is the background on the collapse of the Baja Beach and Tennis Club.

I don't want to go into it, but it serves as a reminder of how the best of deals can go sour.

http://www.hispanicvista.com/html/punta_banda.html

Here is the involved description. (Work from the bottom up.)

The true victims are those who entered into contracts between the years 1988 and 1991. They were apparently given every assurance and even entered into "fideicomiso" (bank trust agreements). But in 1991, the bank canceled the trust, and did not enter into any new trust agreements. The year coincided with the first court victory for the legal owners.

Did you know that banks can cancel fideicomisos after they are established?

[null and void]

My nomination for honorary Viking Kitty and Kitten:

[null and void]

My dad says Ajijic is nice...

[Sundog]

Cute -- Verrrrry Cute.

[lodwick]

Pop's correct - wonderful climate, great people, chow, and prices when we were last there.