OFTEN ASKED QUESTIONS ABOUT TITLE INSURANCE
Question: Doesn’t my bank trust (fideicomiso) protect my title?
Answer: No it does not. The fideicomiso is merely a legal instrument that enables foreigners to comply with the laws restricting fee simple title ownership of Mexican coastal properties. The Mexican bank merely acts as a fiduciary and has no responsibility to assure the title it holds in trust is not in jeopardy due to errors in departments of planning and property registry and or litigation.
Question: What are the risks of no title insurance in Mexico?
Answer: Title records in Mexico are subject to a myriad number of mistakes. Sloppy records control, conflicting recording agencies - state, federal and municipal governments often have conflicting title records. False title documents that are recorded as legitimate titles are not uncommon. There are six distinct forms of “title” ownership in Mexico which further creates confusion and legal conflicts. As a result, litigation over property ownership is considerably more probable than in the United States.
Question: Should I buy title insurance after purchase in Mexico?
Answer: Yes, most lawsuits affecting title issues occur years, even decades, after purhase. You can insure your home anytime: whether at the time of purchase or years later - it does not matter. In fact it is a good investment anytime, adding value to your investment and providing ease of resale to wary foreign buyers.
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MEXICO MATTERS TITLE INSURANCE SERVICES
ACT NOW - Why delay? Turn vague fears about your Mexican property into the same safe investment you enjoy in the United States. Would you own property in the states without title insurance? Of course not. So submit your application for Mexican title insurance now.
EXPERIENCE With eight years of promoting and selling Title Insurance in Mexico , Mexicomatters is truly a pioneer among Title Insurance providers.
FAST AND PROFESSIONAL SERVICE Developers and individual homeowners rely on Mexicomatters to provide a hassle free process for insuring your home in Mexico. We provide a 50 year study and commitment to insure within three weeks of application submittal.
SECURITY AND SAFETY is assured by providing the same policy coverage insuring your stateside real estate. FIRST AMERICAN TITLE is one of the largest and most trusted title insurance companies in the world.
FIRST AMERICAN TITLE IN MEXICO IS ECONOMICAL At just $8.00 per one thousand of insured value, you can insure your $250,000.00 beach home for just a one time charge of $2,000. Sleep good at night knowing that the vagaries of Mexican title and the risk of litigation will not turn your dream into a nightmare.
Title
Insurance Application Form
Please fill the following form for application to mayor title insurance companies in the United States. A title insurance professional will contact you with more information on how to get title insurance in Mexico. If you don't know all the information about your property, leave it blank and a one of our professionals will contact the seller or the real estate agent to colect same for submital.