![]() where the trustee is a bank. For over 35 years these trusts have proved themselves a secure ownership mechanism for the more than 1.5 million Americans, Canadians, and Europeans who are now enjoying the lifestyle and financial benefits of Mexican real estate ownership. Mexican real estate bank trusts are really not much different than a mortgage in the United States, Canada, or Europe -- where only a small percentage of homeowners have clear title to their homes -- and where the lender, usually a bank, remains the title holder of a home. With a Mexican real estate bank trust your property is not part of the bank's assets and cannot be attached to bank obligations. Contrary to an outdated misconception, Mexican real estate bank trusts are not leases, and they confer on the trust-holder the same rights that "ownership" does in the United States, Canada, or Europe. OTP Trust is widely acknowledged as the finest provider of integrated Mexican real estate bank trust services and real estate escrow services in Mexico (Learn more about Guarantee Trust, our unique escrow mechanism that protects both buyer and seller, and secure Mexican real estate title insurance services), and has designed a suite of services specifically for Americans and Canadians retiring in Mexico and those buying real estate in Mexico with IRA / 401k funds. Our Mexican real estate bank trust services are provided in cooperation with major international banks such as Monex, Banco Interacciones, ScotiaBank Inverlat, GE Capital, and Santander Serfin -- and many others -- all of which are very active in the bank trust market in Mexico. OTP Trust has close working relationships with all of these banks, and have used them to provide secure real estate escrow services in Mexico. We place our clients' interests first. We act by power of attorney for both the seller and the buyer to avoid unnecessary travel expenses for both parties. Our Mexican bank trust processing services include an English translation of the trust; instructions for future trustees; complete documentation of anticipated property tax payments; and all other pertinent information related to the trust. We have designed our suite of Mexican bank trust processing services to be complete purchasing solutions for our valued non-Mexican clients that provide them with transparent, understandable, documentation of their purchases. Coupled with first-class Mexican real estate title insurance services, our clients experience unprecedented peace of mind about the security of their Mexican real estate investments. Contact us for more information about how we can help you structure a secure bank trust in Mexico. © 2005-2009 OTP Trust | All Rights Reserved |