What’s the Purpose of Title Insurance?

Is title insurance a new concept for you? Here you will find out all you need to know about the purpose of title insurance.

  • What’s the purpose of title insurance?

Title insurance protects against financial loss due to defects that may be found in a property title, and can be used to prove the lawful ownership of a piece of property. More than half of all real estate transactions run into trouble someplace within the chain of title, and title insurance can be useful in helping uncover any issues prior to making a property purchase, which will allow you to correct any problems so that the transaction can be completed. Property loss or damage may occur due to liens, encumbrances or defects in the title to the property, and title insurance shields real estate owners and lenders against such problems. Every title insurance policy contains specific conditions, terms and exclusions.

  • Protecting your investment

For most people, their home is the largest investment they make, and title insurance can help to safeguard it. Most types of insurance (like auto, flood or homeowners insurance) supply coverage for events that might be happen in the future; however, title insurance defends against losses that may come from defects and hazards that a property title already has. Documents from a previous sale that have been improperly executed or a lien against a previous owner are some examples of these issues.

  • Checking for past liens

Insurance policies including healthcare, life protection, etc. protect you in the event that something happens in the future, and you pay for them with premiums broken down by the month or year. On the other hand, title insurance protects against previous events that happened with the real estate property and its former owners, and is paid in a one-time lump sum at the close of escrow.

  • Benefits buyers, sellers and lenders

Claims from defects is something title insurance protects against. Defects including improperly recorded documents, fraud, forgery, liens, encroachments, easements, another person claiming an ownership interest and other items are defined in each insurance policy. So that they can be insured against assorted possible title defects, purchasers and lenders need title insurance. When title insurance is issued, it benefits the buyer, seller and lender.

  • Title agents

Once the title order has been opened by the escrow officer or lender, a title search can be conducted by the title agent or attorney. The customer will be sent a preliminary report to review and approve. Upon the instruction of escrow, all closing documents are recorded. After recording has been confirmed, orders are paid, funds are expended and the title insurance policy is produced.

  • Escrow

Escrow is a process that happens when the money for a transaction (like when a house is being sold) is kept by a third party (often a title company or an attorney when it comes to real estate dealings) until the conditions of the transaction have been fulfilled.

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Buying Real Estate in Los Cabos – The Facts

Invest in Peace, Rest and Real Estate in Banderas Bay

Potential Rental Income from Real Estate in Banderas Bay

There are many benefits to buying real estate in Banderas Bay; potential rental income, the enjoyment of having your own property, and the security that a “bricks and mortar” investment gives are just some of those benefits.

Potential Rental Income from Real Estate in Banderas Bay

Now more than ever renting out a property for short and long-term income is becoming accessible and popular, especially in vacation destinations like Banderas Bay, Mexico. Whatever your preference, short or long term, vacationers or snowbirds, you’re sure to find a niche that suits your aims. When you own property in a popular area, too, this potential grows dramatically. Rental income from real estate in Banderas Bay has great potential.

Villa La Estancia Real Estate Makes It Easy

Owners of Villa La Estancia real estate in Banderas Bay will find themselves in an enviable position when it comes to the potential for rental income. When you own a home in this area of Banderas Bay, with these great benefits, you’re sure to find potential renters with ease. Depending on how you feel about it you could manage all potential renters (and the schedule) yourself, or you could hire an independent property manager to share your duties.

If you want to kick back and leave the stress to someone else entirely, however, you can always enlist your property in the Villa La Estancia Rental Program; this will leave your property in the hands of a team of professional marketers and managers.

Potential for rental income for Banderas Bay fractional real estate owners

Even if you own only a fraction of your Villa La Estancia property you can benefit from this amazing offer, so you could easily have your own vacation and still have time to rent to others! For example you might stay in your property for a couple of weeks and rent out the remaining time.

Real estate that is always ready for your arrival

Finally, when you own a home at Villa La Estancia in Banderas Bay you have the unique benefit of knowing that it will always be clean, tidy, and ready for your arrival (regardless of how many guests have been staying when you were renting). The hotel staff make sure of it!

The potential for rental income from real estate in Banderas Bay is highly favorable. Want to find out more? Give us a call today and we can help you: Call 1 866 843 7005 today!

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villa la estancia 2018

Award Winning Villa La Estancia

When choosing real estate in Mexico, why not choose to live somewhere that is recognized amongst travel experts and members of the public alike? Villa La Estancia Beach Resort & Spa Los Cabos is pleased to share news of its No. 4 spot on 2018 TripAdvisor’s Travelers’ Choice for Top 25 Hotels for Families –– Mexico.

TripAdvisor’s Travelers’ Choice for 2018

Villa La Estancia in Los Cabos was ranked No.4 in the 2018 TripAdvisor’s Travelers’ Choice for Top 25 Hotels for Families –– Mexico. This coveted award is determined by first-hand reviewers and visitors based on their feedback, making it a great indicator of quality.

Villa La Estancia Los Cabos TripAdvisor’s Travelers’ Choice 2018

Conde Nast: Readers’ Choice Awards 2017

Last year, both Villa La Estancia Riviera Nayarit and the resort in Los Cabos came in the top 10 of Top Resorts in Western Mexico for the Readers’ Choice Awards 2017.

Why not see for yourself what all the fuss is about and book a Try and Buy vacation to check out the real estate opportunities at the resorts?

villa la estancia riviera nayarit conde nast award 2017


Best Parasailing in Cabo

If you are planning to live in Cabo San Lucas, you will no doubt be weighing up your options in terms of activities that you can enjoy in your free time. Safe parasailing is certainly one of your options.

Best parasailing in Cabo

Are you seeking thrilling, heart-racing adventures? Have you ever wanted a birds’ eye view of the local area, and the feeling of flight while you take in the best sights your vacation location has to offer? If you have then parasailing could be just the activity for you.

This gem of an activity in Cabo San Lucas offers a truly unique combination of pulse-pounding thrills and magnificent immersion in the natural world. The 360-degree views you will get while in the area are truly breath-taking, and the overall experience is completely once-in-a-lifetime. Get ready to have a whole new perspective on Cabo San Lucas as you soar above the glittering waters of the ocean!

Cabo’s Perfect Conditions

There are very few places which are quite so suited to parasailing as Cabo San Lucas; the clear blue skies, sunshine, and sea breeze make it a uniquely pleasant experience just about every day of the year! Just let the sea-breeze carry you across the landscape and you’ll find that the whole of Cabo is under your eye!

The Parasailing Experience

When you choose to parasail safety and comfort will be of the utmost priority for your hosts; you will be equipped with a full body harness which attaches to a specialized parachute. The Parasailing Boat will gather speed, and you’ll find yourself lifted effortlessly into the air; from hundreds of feet above the water you will find the views to be inimitable.

There are a few operators along the beaches of Cabo, and the average Parasailing session lasts around 15 minutes so you can always come back for another round if you wish!

Jaw-dropping Views

You may feel that we’re rabbiting on, but there are simply no words to describe how beautiful the scenery is at these heights! Cabo San Lucas is a region renowned for its beauty, and parasailing lets you see it in a whole new light. As you soar above the water you will gain a panoramic view of the coastline, Cabo San Lucas Bay, the city itself, and even the regions most iconic landmark; Lands’ End!

This stunning rock formation marks the point at which the Sea of Cortez meets the Pacific Ocean, and it adorns many of the postcards and brochures which showcase the area. If you’re going to be up there you’ll want a waterproof camera; these are snaps worthy of a mantelpiece position.

As you may have come to see, parasailing is one of the most intoxicating experiences in the area, and when you visit Cabo, it’s the way to see the area from on high.

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10 Reasons to make Mexico your Home

Mexico is a vast and eclectic country that can often be overlooked as a place to lay down more permanent roots. Whether you already feel the seeds have been planted to make the move or if the idea is still fresh, read below for some pointers on why moving to Mexico is a fabulous idea.

10 Reasons to Make Mexico your Home

The People

Three words to describe the people of this wondrous land would be kind, curious and welcoming. Mexican people will take the time to ask you, with genuine interest, about your experiences and to share their own. If you take the opportunity to exchange a few words with the locals, you will most likely be given tons of advice on the best places to visit or perhaps even invited to eat in the family home.

The Climate

The beauty of the Mexican climate is that with such a huge landmass it can cater for everybody. If you love a tropical climate, you can have it! If you prefer cool mountain weather, it’s yours!

The Colors

Mexico is a visual feast of colors that is never dull. This country has a bright palette demonstrated by the food, textiles, flowers, traditional paper banners, street art, even houses – the list goes on!

The Lower Cost of Living

Coming from the U.S. Canada and Europe, the cost of living feels substantially cheaper. You will find yourself spending a fraction of the price on things like eating out, rent and transport. This allows you to worry less and enjoy more.

The Cuisine

Although Mexican food can vary from state to state as each region puts their spin of things, the cuisine is consistently delicious. Classic flavors draw from tomato, chili and corn, lime, onion and cilantro. You can find mouthwatering seafood and fresh fruits, exquisite traditional foods including soups, meats and sauces, and not forgetting of course the foundational taco.

The Landscapes

The sheer size of Mexico paves the way for countless gorgeous landscapes from the Caribbean beaches of the South to the rocky desert of the North. There are volcanoes, tiny mountain towns, copper canyons, rapids, mountainous jungles and urban cityscapes.

The Nature

Given the wealth of natural resources that Mexico nurtures, its biological diversity is something to be treasured. Mexico boasts almost 30,000 species of flowering plants and 1,500 types of mammals, reptiles and amphibians. You can experience the grandeur of the pink flamingo in the Yucatan or the millions of Monarch butterflies in Michoacán which migrate from Canada each year.

The Celebrations

Another colorful element of the culture is the festivities! With a plethora of bank holidays to celebrate national and religious holidays, there is plenty of joy to be had throughout the year. You can join the celebrations by sporting the national colors of red, white and green whilst eating, drinking and dancing to your heart’s content.

The History

Mexican history is a rich and interesting study, from the Olmecs and Mayans, to the Spanish conquest, to modern day political issues. There are many museums and art galleries throughout the country to tell the story, particularly in the larger cities like Mexico City and Guadalajara.

The Sense of Fun

Finally, Mexico is a country that has a sense of fun and freedom to it which is contagious. Perhaps this is brought to us by all of the above; the endless opportunities to experience something new and the generous people which make it all possible.

Do you need any more reasons to make Mexico your home? Contact us today!

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