Updated: Mar 9
Many people who visit us in Merida, Mexico, say that "they need to buy a house here." Everyone who has spoken this phrase has no knowledge of the real estate market in this region. Many are captivated by the growth and expansion of the city and can see the opportunity. But their statement is rooted in their knowledge of the real estate market in the United States. In Merida, Mexico, buying a home is very different from the United States. I am struggling with the decision to buy vs. rent a home here. We've been homeowners since the age of 19, so it feels uneasy for me to spend thousands of dollars in rent. However, the numbers tell a very different story when I do the math. Please look at this video as I break down the Top 5 Things you need to know before purchasing a home in Merida. I also share a bit about where I am in the process and what factors are driving me down that path.
Unit Next Time, MexitPlans Monte "I'm Out"