Amerimex - Escrow Services

Very few buyers elect to do their own closing work because of the language barriers, the many trips to La Paz and the often confusing legalities and red tap associated with titling and filing for a Fideicomiso. Most use the services of a real estate escrow specialist or attorney. Our fees average $800 and go up depending on the value of the transaction and associated services such as subdivisions, surveys or water contracts.

Great care must be taken when titling or the buyer and seller may incur unnecessary tax obligations. In a recent case, a buyer who insisted on handling his own closing failed to properly file supporting tax documents that would have exempted the Seller from capital gains taxes. As a result when the Seller went to the Notary to sign transfer of ownership he was billed $16,000 USD for capital gains taxes that he really did not owe. He refused to sign the documents and the sale fell through.