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http://www.noss123.com/Real estate in Mexico and Central America is different from the way that it is conducted in the United States.
Some similarities include a variety of legal formalities, (with
professionals such as real estate agents generally employed to assist
the buyer); taxes need to be paid (but typically less than those in
U.S.); legal paperwork will ensure title; and a neutral party such as a
title company will handle documentation and monies in order to smoothly
make the exchange between the parties. Increasingly, US title companies
are doing work for US buyers in Mexico and Central America.