Wednesday, May 10, 2006
The Hazards of Buying Property In Mexico
This is a cautionary tale
:Mostly retirees, the homeowners built their dwellings on so-called ejido land, communal farmland that has been the source of complicated title struggles nationwide. Mexico's Supreme Court ruled that the group from which the Americans bought their land was not the rightful owner, forcing some of the Americans to abandon homes worth hundreds of thousands of dollars.