Who? Fidelity Title Insurance in New York
and Stewart Title both offer full coverage for properties in Southern
Baja.
How? Both companies require a full title report from an authorized
company in Mexico. These reports usually cost $500+/-.
If the report is positive, the Title company will issue a commitment
letter and grant title insurance once the property has been transferred
to the new owner. Insurance costs: $7 to $8 per $1000 value ( ex:
a $100,000 property = $700 to $800). |
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