Cancun Real Estate – How Do I Know I’m Getting a Good Deal?

By: Cindy Ader

Cancun real estate offers buyers many excellent opportunities to enjoy a high-quality beachfront lifestyle for good price. But how will you know at the time of your purchase that you are getting the best deal? While it’s always very possible that there was some deal that you and your agent overlooked, the following guidelines will help you be sure that you are getting a good deal.

View online listings – There are excellent online MLS listings available online for Cancun with a broad range of properties, prices and styles. When you first decide to buy in Cancun take a bit of time to look at what’s available and what prices there are. This means you’ll have a basic idea of what “normal” prices are and it will give you chance to think about what you can afford. It will also give you a chance to explore various property styles that you might not have considered at first – for example, few buyers know about the possibility of fixer upper homes in the downtown area.

Choose your agent carefully – This will be the most important step to ensuring that you find a suitable property for a good price. The agent you work with should be experienced, qualified (training, certificates, etc.) and reliable. If you are working with the right agent, they will make an effort to find the property best for your needs at the price you need. They will also help you take the following steps correctly. Ask for qualifications, ask for references, and very importantly, make sure you feel comfortable with the agent.

Compare various properties – The right agent will always present you with a variety of properties. If none are suitable, they will search out more to view with you. Of course, once you find the right property for the right price, there’s no need to hesitate, and sometimes hesitating too long can lead to the loss of an opportunity; however, you shouldn’t take a property just because you think there are no others available. Know your options. Searching online during the search process never hurts; send anything that catches your attention to your agent.

Don’t rush a decision – This ties in closely to the last point. Even after you find the property that seems to be the right one, make sure the right steps are carried out so you have all information necessary about that property. If an agent is pressuring you into a certain property or complex, it may be a sign that you need to reconsider if you carried out the first step correctly. Cancun has good opportunities turn up regularly, and it’s better to miss one than to rush into a purchase before being sure that you have all the information you need.

Make sure you feel good with the property – This may seem like an obvious point, but some buyers may be inclined to jump on a deal even if it’s not really the property they want. It’s better to pay a little more or miss out on some extras that are not important to your lifestyle and have the property and location that you really feel comfortable with.

While there’s never any guarantee that you will get the absolute best deal available (even a really good agent can overlook some deals,) following these steps will greatly increase your chances of getting the best deal out there in Cancun real estate.

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Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!" Region: Cancun Real Estate by Cyndi Ader, originally from the US, has been living in Cancun, Mexico for 17 years. She is the owner/broker of Cancun Properties Real Estate and specializes as a buyer’s broker.

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