Recent content by CommonBook

After 86 days of searching, our offer of MX$14,490,000 on a 3-bed condo in Mexico City has been accepted. Instead of celebrating, I’m replaying every compromise: the commute, the dated rooms and especially the monthly payment. Nothing new has gone wrong, and we still have the normal checks...

The emerging answer seems to be that 73 days is a prompt for investigation, not a market verdict. Split the homes by precise area, commute, condition, financing suitability and shared-management exposure; then track cuts and withdrawals in a fixed cohort. That should reveal whether you have...

MX$270,000 is the cash I expect to have left after the deposit and estimated closing costs. The purchase would be a 2-bed serviced apartment in Mexico City priced at about MX$9,900,000, and the inspection could still identify routine work needed during the first year. I’m trying to decide what...

Getting this wrong could leave the buyer holding a building that remains unaffordable even if prices recover later. A long ownership period reduces the chance of being forced to sell at a bad moment, but it cannot correct weak operating income or rents that were too optimistic from the start...

What does “affordable” mean here? There is a large difference between qualifying for the purchase and being comfortable after a vacancy or major building expense. Also, are you comparing current listings with old asking prices, or with completed sales? Asking-price trends can create a misleading...