PUERTO VALLARTA (PVDN) - As the dream of homeownership in Mexico becomes an increasingly popular aspiration among expats and retirees, potential buyers must be aware of the growing risk of falling victim to real estate fraud.
Homebuyers in Mexico lose an average of $35 million US Dollars every year to real estate fraud.
According to the latest survey by the National Institute of Statistics and Geography (INEGI), fraud ranks as the second most common crime in Mexico, right behind street robbery or assault on public transport. The survey revealed that an alarming 5.4 million cases . . .