Bargains Beyond the Border
Get Past the Blood and Drugs: Mexico’s Lower Cost of Living Can Avert a Tearful Retirement
News reports — including a segment on 60 Minutes — have depicted the entire country of Mexico as being an absolute mess, awash in blood and guns on every street corner. Ironically, people living there have a dramatically different perspective, especially in the “fly-in” destinations that continue to hold their value.
Despite what you may have heard, read and seen, the country is not under siege. The laid-back lure of Mexico’s beaches, forests, deserts, people, and culture has been capturing visitors and second-home buyers for decades and has become an international draw no longer driven solely by Americans and Canadians. Not only is land plentiful, exotic, captivating, and beautiful but also it is typically more affordable than most of the property found in America’s getaway areas.
Much has been written about the kidnappings, roadside hijackings, crooked cops and ever the infamous bandidos in some of the regions of Mexico. Most of the violence south of the border, however, is directly related to the drug cartels and the authorities who are trying to eradicate them. There is absolutely no pattern of any innocent U.S. citizens being randomly murdered in drug violence.
In this book, we will meet other second-home buyers, investors and retirees who share positive views about living and investing south of the border. We will show you their answers to our questions about crime and occupancy in key areas of the country. We’ll also explain why Mexico will become a needed alternative especially for 59,250,000 baby boomers that have not saved enough to fund their retirement years.
Cashing in on a Second Home in Mexico:
How to Buy, Rent and Profit from Property South of the Border
The growth and popularity of Mexico’s real estate has regained popularity after a decade of crime and drug stories. What went right? Did the enormous group of U.S. baby boomers simply return to their old spring-break haunts and begin buying beachfront memories? When did it turn the corner? Does it still make sense to consider buying a getaway in a laid-back, it-can-wait-until mañana setting?
Real Estate for Boomers and Beyond:
Exploring the Costs, Choices, and Changes for Your Next Move
Baby Boomers have redefined nearly every life stage, and retirement will be no exception. With more than 50 percent of Baby Boomers planning to buy a home for their retirement, they will be looking for ways to maximize the investment and experience or live more comfortably in their present home. In this SIGNED edition, Tom Kelly explores the different housing options available from independent living communities and assisted living communities to “aging in place.”
Cashing In On a Second Home in Central America:
How to Buy, Rent and Profit in the World's Bargain Zone
From the great urban high-rise developments in Panama City, to the eco-conscious beach escape in Nosara, Costa Rica to the distinguished colonial estates of Antigua, Guatemala . . . Second homes of any type, taste, and budget are available in Central America.
The region is an absolute paradox. It may be all that you imagine, but surprisingly, it is much more than one could ever embrace. It is more than the long and winding territory that connects North and South America. To the typical North American, the area conjures up vivid and varied images. On the geographical side, a mountainous area with volcanoes, colonial cities, jungles, and, of course, bananas and coffee. On the political front, turmoil, dictatorships and instability. On the economic front, rich versus poor, agriculture-based economies, and sweatshops where United States garments are manufactured and exported. It is a complex and fascinating place, home to 41 million people with a total gross domestic product of about $88 billion.
How do you begin to categorize such a dramatic and extraordinary For starters, this region geographically encompasses seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. These countries have many mysterious cities and fascinating destinations that you could only hope to place them on the map in your mind.
It is a straightforward, informative guide that helps potential second home buyers, investors and renters easily understand the nuances of Central America property, mortgages and escrow, plus: * Strategies on researching a property for purchase * Creative avenues of financing your dream retreat * Innovative ways of attracting desirable, qualified renters * Tax benefits, ramifications.
The New Reverse Mortgage Formula
The New Reverse Mortgage Formula” is a straightforward explanation of the ins and outs of reverse mortgages. These loans allow seniors to convert part of their home equity into tax-free income.
How a Second Home Can Be Your Best Investment
This creative, provocative and entertaining work is co-authored by John Tuccillo, former chief economist for the National Association of Realtors. It explains dozens of strategies of how one additional property – recreation, retirement, investment – can serve a variety of purposes over time, including your ultimate getaway.