Most of the fees are dictated on a fee
schedule from the government so the prices between one notary and another don’t
usually vary all that much.
( This house actually sold for $308,000.00
U.S. it is just an example and your house may appraise at a higher or lower
percentage of the actual value so you won’t be able to use this as a guide to
guess at your closing costs. It is just meant to show you the list of expenses
that go into a closing.)
Based on a house that has a municipal
appraisal of $1,203,500.00 pesos.
Municipal Transmition Tax $25,025.00 pesos
Registration Fees $2,025.00 pesos
No Liens and No Debt Certificates $500.00
Cost of Doing Municipal Appraisal (“Avaluo”
in Spanish) $4,152.00 pesos
Notario ( notary/ lawyer) Fees $13,000.00
Goods and service tax ( I.V.A) on Notary
fees $1,950.00 pesos
Government issued forms and foliated pages
One application to Exterior Relations ( add
$550 if it is a couple buying) $550.00 pesos
Total $57,675.00 pesos
Note: Things like property taxes and home
owner’s fees that have been paid for the year are pro-rated to the closing date.
If I haven’t covered a topic of interest
to you please let me know and if you have any questions about the above I am
happy to explain.