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Most homes in Los Cabos are sold furnished or partially furnished. A small percentage of homes do not include the furniture, and this will be stated on the listing agreement. If the house is to be sold furnished, the seller should make a list of exclusions for items that are not part of the purchase. Be aware that sometimes when a buyer is advised that an item is excluded, it somehow makes that item extremely intriguing and sometimes buyers will ask to include it in the deal. If you are adamant that an item is not negotiable, tuck it out of sight so it does not even appear on the buyers’ radar. If this item is negotiable to the sale, make that known.
If there is a piece of furniture that has seen better days, it’s simply best to get rid of it before pictures are taken for the listing. Many buyers are not able to see beyond the furniture and simply focus on the bones of the home, so I recommend removing all the distractions. Some sellers opt to sell the home and the furniture separately. Usually this is because capital gains tax is paid on the price received at closing, so if the seller can take the cost of furniture off the selling price, this will assist with lowering the capital gains tax. Again, everything is negotiable, so speak with your agent during the buying and selling process to determine what is the best option when buying and selling.
After the preliminary agreement has been signed, the closing agent (broker, attorney or real estate professional) will assist in the purchase process. Property title search, appraisals, finance approval, visual inspections, etc. are usually performed before the closing date.
Whenever I buy a property or I am assisting buyers with their purchases, I always think about resale. Real Estate is one of our most valued investments and re-sale should always be considered in these terms in order to protect that investment.
The yearly whale migration along the coast of the Baja Peninsula is an attraction many people flock to yet few explore the wonders of Los Cabos from beneath the water. Where the cold currents of the Pacific Ocean meet the warm waters of the Sea of Cortez a vast array of marine life flourishes. For those with the curiosity to interact with wildlife in its natural environment, the Pelagic Safari is the perfect opportunity.
There are two annual fees to be paid in January for those who own property in Baja California Sur. Mexican property taxes are known as predial and like most other counties and municipalities these taxes are used to operate local governments. Similar to our north of the US – Mexican neighbours, there is a discount for paying the entire tax early; paying by the end of January you receive a 20% discount, February for a 15% discount, March a 10% discount and April, a 5% discount.
From off-the-beaten-path adventures to innovative cuisine, Los Cabos has flourished into a global destination boasting some of the most coveted homes and resorts in Mexico. Thanks to an influx of creative new farm-to-fork eateries and eclectic cultural happenings, the Cabo of 2017 is about so much more than stiff margaritas—though there are still plenty to go around! Here’s The Agency’s guide to the best places to dine and unwind in Los Cabos.
The Agency Los Cabos, The Rooftop at The Cape – a Thompson Hotel, and Plaza Home Mortgage invite you to the second “Concert Under the Stars” with Common Sense benefitting Red Autismo and Surfer’s Healing – Tuesday, October 24th, 2017 from 6 to 10 pm. This special evening will take place on The Rooftop at The Cape in Cabo San Lucas.