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Stewart Title Launches Online Prequalification
Stewart Title Latin America has launched a new website to support their Mortgage Alliance Program. The program offers one-stop shopping for clients purchasing a new home in México by offering financing, closing, escrow, and title service in a single company. The new website features online prequalification with notification within 24 hours. There is no charge for the online application. In addition to the downloadable application forms, the site provides information on the latest rates and conditions and other useful information on financing a purchase in México.
A mortgage payment calculator is also included on the site. Through the Mortgage Alliance Program Stewart offers purchase, refinance and cash-out funding for finished housing, construction and building lots. For more information visit www.mortgageallianceprogram.com or contact your local real estate professional.
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Changes In Store For Real Estate Community
Talks are under way for the merger of the two local real estate associations: The Los Cabos MLS (Multilist Los Cabos) and local chapter of Mexico’s national real estate group A.M.P.I. (Asociación Mexicana de Profesionales Inmobiliarios). Since 1956 AMPI has organized the real estate community and holds members to a strict Code of Ethics. Under the proposed plan the MLS would be absorbed under the AMPI national presence and members would also benefit from the local AMPI chapter’s affiliation with the U.S. National Association of Realtors. The merger comes about as the two organizations have become more similar to one another in recent years. AMPI has recently brought online a new real estate search system which will greatly streamline consumer real estate searches and provide greater benefit to local realtors. For more information go to www.ampiloscabos.com. The merger, which has the enthusiastic support of most local real estate agents and brokers, should be completed by late June. Only AMPI members may use the title Realtor.
New Incentives At Querencia
The developers of the posh golf community have announced a number of new incentives for purchasers. The first is the Price Guarantee Program which, for a limited time, guarantees the price you pay on a selected group of properties will be the lowest price for the next two years. This confidence-building guarantee will assure buyers that they are getting the best possible deal on a luxury property. In addition, a membership to Querencia’s famed golf club will be included in the sale of the next five developer properties, either building lots or finished homes. The membership is valued at $165,000 U.S. Memberships are no longer being sold to the general public, only to those owning property within Querencia may apply. The third incentive program offers developer financing for up to three years at 0 percent interest, again this offer is limited to developer properties. Querencia is home to Los Cabos’ only private Fazio-designed golf course. The developer recently announced the construction of a second course to be designed by Gil Hanse. For more information or to tour this prestigious community see your professional real estate agent.
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New Clubhouse Opened
The developers of Las Misiones, on the Corridor near Cabo San Lucas, have opened their clubhouse for owners and celebrated with an Art and Wine party for the Los Cabos real estate community. The clubhouse complex features a pool and gym and serves as a meeting place for residents. Las Misiones will consist of 85 three-bedroom homes at build-out; 15 of the homes are already complete and ready for occupancy. The developer is accepting offers for the finished homes and offering pre-sale on the remaining inventory. Prices start at $339,000 U.S. and go up to $399,000 U.S. Many of the homes offer superior views of the ocean. To view the homes of Las Misiones contact your local real estate professional to arrange a tour.
Rolling Hills Estates
Rolling Hills invites you to build your dream home in this land of enchantment! Magnificent lots overlooking the Pacific Ocean where you will enjoy an ever-changing canvas of ships, whales and beautiful sunsets. Most homesites offer incredible views of the Pacific Ocean, Cabo San Lucas and panoramic desert mountains. This is "Land's End" at the tip of the Baja California peninsula where cruise ships nestle into the harbor and the "Spirit of México" blends with north-of-the-border luxuries. Here you will find world class golf courses and luxury hotels. Cabo San Lucas is the undisputed billfish capital of the world and is host to the world's richest billfish tournament Bisbee's Black and Blue. Rolling Hills Estates is located just a short eight minute drive from Cabo San Lucas on the road to Todos Santos. This breathtaking development stretches from the highway 4 kilometers down a rolling hillside toward the Pacific Ocean. Visit Rolling Hills Estates for a tour of the development and enjoy complimentary tacos and refreshments at their new Palapa Bar!
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Copyright © 2010 - Joseph A. Tyson - All Rights Reserved - www.loscabosmagazine.com
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Cabo San Lucas, Baja California Sur, Mexico - Last Revision - June 1, 2009 - MKS
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