Reservation Agreement: Reservation agreement is filled out by the Purchaser with the details of the unit they are interested in purchasing, including type of finishes, upgrades to unit features, and any optional items, equipment, appliances, or finishing’s decided on by the Purchaser.

Reservation Deposit: $10,000 USD Refundable for up to 10 calendar days during which time Purchaser will be able to review Promise to Trust Agreement and other documentation.

Promise to Trust Purchase Agreement: To be signed within 30 days from date of Reservation Deposit First Payment (30%): Thirty percent of the total Purchase Price, minus the amount of the initial Reservation Deposit payment, in the amount of: $ USD, to be bank wire transferred or deposited directly into the Promissory Seller’s account upon the signing of the promise to Purchase Contract between the Parties.

Second Payment (30%): Thirty percent of the total Purchase Price in the amount of $ USD to be bank wire transferred or deposited directly into the Promissory Seller’s account within 10 days after notification from the Promissory Seller that the start of construction of the building where the unit will be located will begin.

Third Payment (20%): Twenty percent of the total Purchase Price in the amount of $ USD to be bank wire transferred or deposited directly into the Promissory Seller’s account within 10 days after notification from the Promissory Seller that the completion of the roof and other grey cement work “obra negra” has been completed on the building where the unit will be located.

Fourth Payment 20%: Twenty percent of the total Purchase Price in the amount of $ USD to be bank wire transferred or deposited directly into the Promissory Seller’s account within 10 days after notification from the Promissory Seller that the finished unit is completed and ready for delivery to the Promissory Purchaser.

Construction and delivery timeline:

Construction will begin on Building “1”, then “2”, & then “3” within 60 days of when 3 units are sold in each building respectively. The timeline for construction of the building where the Promissory Purchasers unit(s) is located is estimated to be no more than 10 months from the date when construction is started. At the time of completion of each unit, delivery of the unit will be made with final walk-through and acceptance by Purchaser.

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. He’s 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 wish 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.

The Cove at Cerritos property values are rising fast

The economic indicators, year-after-year, show that the real-estate values are quickly rising. And, since the market is very solid, and new improvements and developments are happening all over the area, this little oasis is a solid investment.

The Cove at Cerritos provides great value, along with being a great location. So, if you’re looking for a home, lot, or commercial property, there’s never been a better time to buy!