Chapala Home Sales was present in this beautiful tradition of Ajijic, which celebrates every second saturday of september. Approximately 5,000 people were watching the tissue paper baloons/globos as they were rising into the sky.
One of the many services we provide when you buy a home from Chapala Home Sales, is to set up your CFE (Electricity) account. We will then send you the account and password so that you can log in and monitor your bi-monthly billing.
One of the many services we provide when you buy a home from Chapala Home Sales, is to set up your Telmex (Telephone) account. We will then send you the account and password so that you can log in and monitor your monthly billing.
Making a phone call can be confusing, especially for newcomers. Cell phone to cell phone or landline to landline is pretty basic, but did you know you have to dial different numbers if calling a landline from a cell phone? Or different again from a cell phone to landline? Did you know that Las Fuentes is a long distance call? Let’s keep it simple with a guide and a map.
Closing costs are approximately 3 – 4% of the purchase price for most transactions. Recently, the high dollar exchange have many clients paying less, in the 2.6 – 2.8% range.
Most notaries will provide a line item spreadsheet, prior to closing, itemizing each cost. You cannot avoid these closing costs as a buyer. They are an obligatory part of the legal process that allows a buyer to safely obtain property in Mexico.
The largest fees are the transfer tax, notary fees and the appraisal. These fees are all based on the appraised tax value, not the actual purchase price. In general, the appraised value is about half of the purchase price. When the appraised value comes in high, the overall percentage paid at closing will increase. The appraised value often comes in quite close to the tax value you see on your annual predial (tax bill). By law, it cannot be less than that.
Occasionally the Notario will negotiate their fee. They do not have to. Some Notarios charge more than others and in some cases even actually provide MORE or BETTER service and accuracy in exchange for the higher fees. What a concept.
Whenever you pay out cash for wages or contract work, you should obtain a signed receipt or recibo. If ever there is a wage dispute, the emphasis is upon the employer to prove that wages were paid. Mexican Labor law leans heavily towards protecting the employee, which is refreshing to see, but you also need to protect yourself. If you have a property manager or someone who handles payroll, ensure they have signed receipts filed for future reference.
You can buy a receipt book from any stationery store or papelería. As long as it accounts for the date paid, the amount, employee name, work completed and a place for a signature, you’re covered.
We have created a generic recibo in both Spanish and English for your use. It is designed for part-time staff or contractors paid bi-weekly, weekly, daily or hourly. It can be used for extra or overtime hours as well. We have also accounted for the address where the work was completed. There are two receipts per page, one copy for your employee and one for you. You can print from the website or download for future use.
We would appreciate your feedback on this form. Does it work for you? Is it missing anything? Send us your comments to improve this receipt.