Once an offer is accepted, we will:

• Obtain signed copies of the offer and any counter-offers
• Begin the due diligence process
• Request an initial deposit to the escrow account for the property
• Start gathering funds for due diligence and pre-closing costs (via wire transfer)

Required documents include:

• Passport, driver's license, INE, and visa (if applicable) for buyers, substitute beneficiaries, and sellers
• Contact information and personal details including:
  • Name, date of birth, nationality
  • Marital status, occupation
  • Billing address, phone, and email
• Recent utility bills (no older than 2 months)
• Marriage certificate
• For companies: corporate documents and proof of representation
• For foreign entities (LLC or Trust): notarized paperwork with Apostille letters and Spanish translation by a BCS certified translator

The attorney will gather and verify:

• Property title or fideicomiso
• Condo regime deed (if applicable)
• Corporate documentation (if held by a company)
• Construction manifestation
• Certificate of no liens
• Property tax certificate showing zero debt
• Official appraisal
• Power of Attorney (if required)
• Translations and apostilles for foreign documents
• Letters of Good Standing for foreign corporations or HOAs

During closing:

• All documents are delivered to the notary
• Preventive notices are issued
• Final deed is reviewed and approved
• Capital gains tax is confirmed
• Final payment is transferred
• Deed is signed (in person or by POA)
• All invoices (facturas) are collected

After closing:

• Deed is recorded with the Cadastre and Public Registry
• You receive the original recorded deed with attachments and invoices
• Unused closing cost deposits are returned
• Title insurance policy is delivered (if applicable)

Important points about escrow and payments:

• All transactions require an escrow account
• An escrow agreement must be signed by all parties
• Buyer's funds must come from an account in their name or their foreign entity's name
• Partial closing costs must be in escrow before starting the closing process
• All closing costs must be wired to escrow before signing the final deed
• You'll receive an escrow number and statement from the escrow agent
• Additional forms like disbursement instructions and Know Your Customer may be required