Welcome to the latest real estate advice video from Nick Fong, the founder and broker of Baja California Sur’s Ronival Real Estate. He really loves to share his inspiration, real estate tips, and advice to help you succeed as a real estate agent. Ever since 2010, Nick has been growing Ronival Real Estate to become the fastest-growing brokerage in all of Baja California Sur – he’s got great advice indeed!
If you’re looking for some inspiration, you’ve come to the right place. Today, Nick reveals whether you actually own land when you purchase a condo. Therefore, continue reading to uncover whether you do own the land when you buy a condo. After that, more tips are revealed by Nick so you can grow as an agent and gain real success.
Do you own land when buying a condo?
In the video, Nick Fong provides a simple answer. That answer is no, land ownership is not part of your purchase agreement. But when you buy a condo, you do own the roof, floor, and the walls of the condo – they are yours. Also, you own a percentage of the development based on the number of condos and their actual sizes. This is stated within the CCNRs, which are the condo bylaws that give you a percentage of ownership.
See the latest immigration process in Mexico
Before buying a home in Mexico, you must have an immigration form. Recently, the process for filling out that immigration form has changed. As such, the latest immigration process is to fill it out online. This isn’t required for the average tourist coming into Mexico, but for those who seek to purchase real estate in Mexico.
The important thing to know is that if you intend on buying a home in Mexico, you need a tourist visa to close on a sale of your home. As Nick mentions in the video, many of the clients of Ronival Real Estate don’t have that tourist visa when they start the process. He quickly informs them that when they decide on a home to purchase, they need that visa to present to the notary at closing.
What you should do to stop gambling with your career
You should get a mentor, get a coach. And you need to surround yourself with other like-minded real estate agents that will push you forward. Surround yourself with real estate agents that will help make you a better real estate agent yourself. It’s time to invest in it to ensure success. Surround yourself with the right people that are going to make you a better real estate agent.
Get a mentor and a coach for guidance
Although Nick Fong was already successful as a real estate broker, when he signed up for coaching, his business took off like a rocket. Make sure you get someone that will tell you to do this or to not do that. When your steps are guided by the right mentor and coach, their insight will keep you on the right path to success – you can avoid the mistakes that they had made.
Baja California Sur real estate
Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja. Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.
Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!
If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions You can also schedule a time to show you around this breathtaking location.
Ronival on YouTube
See Nick Fong in action on his Ronival YouTube Channel. Find his videos on the Rovival VLOG, where you can read a short, yet in-depth post. Below is an example of one of Nick Fong’s Ronival videos:
Thank you for reading Nick Fong answers whether you own land when you buy a condo. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.