Bank Trust Fee

PintoPoint

PintoPoint

Guest
Its not just to setup the trust. The price includes a lot of things like tax on the purchase price, foreign permits, notario fee, bank fees and many more.
 
J

JoseAz

Guest
we just renewed in las conchas for something like $8500. I picked up the final package last week and feel really, really good about not having to worrry about it any more
 
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JoseAz

Guest
BTW, why are you buying 100% of a condo that you can (but dont) use every day versus an 1/8 share in a 3000sf+ home on the beach in some place like las conchas that you can use every 8 weeks. We love that model. Have been down over 60 times in the last decade....
Just curious, not critical...
Saludos
 
BeachyKeen

BeachyKeen

Guest
JoseAz said:
BTW, why are you buying 100% of a condo that you can (but dont) use every day versus an 1/8 share in a 3000sf+ home on the beach in some place like las conchas that you can use every 8 weeks. We love that model. Have been down over 60 times in the last decade....
Just curious, not critical...
Saludos
Click to expand...
Just curious if this saves you money verses renting every time you go, or do you like knowing that you partially own and can sell someday, or both, or neither haha I'm nosy. Wish we could buy b and rent out but don't have a lender for that large of an amount, we already rent a condo out in Tucson.
 
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JoseAz

Guest
The cost to maintain the place is split 8 ways but is still expensive. less so if you use it every time, more so if you dont
 
playaperro

playaperro

El Pirata
JoseAz said:
we just renewed in las conchas for something like $8500. I picked up the final package last week and feel really, really good about not having to worrry about it any more.
Jose you just renewed for 30k including the $400 you have to pay yearly for maintenance fee's to the bank. I know Larry does very good maintaining 2 eight shares in sec 2.
Click to expand...
 
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matt massimi

Guest
JoseAz said:
BTW, why are you buying 100% of a condo that you can (but dont) use every day versus an 1/8 share in a 3000sf+ home on the beach in some place like las conchas that you can use every 8 weeks. We love that model. Have been down over 60 times in the last decade....
Just curious, not critical...
Saludos
Click to expand...
We hope to use it alot. We like the condo idea,pools, hot tubs,locality, and awesome views. We are gonna try not renting for a year and see how it goes. Sharing a place with someone you don't know, especially with 8 owners, might come with hassles .I like the idea where you go down there and everything is where you want it. I actually wanted to go in halves on this condo(sun) but could find anyone that I knew with the cash. I do miss not having a Garage thou.
 
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