Loreto Bay Real Estate UpdateThe cold spell has broken and now temperatures are 70F bright and sunny. Loreto did get some rain in January which turned the mountains into green landscapes. Now it is endless blue skies, lush tropical backdrops and gardens everywhere.
There is a definite increase in real estate this season. Many people who have been coming to visit for several years are now ready to make the commitment of buying. Also first time visitors are loving this place and want to come back to rent and decide which area and home they want to vacation. Great News for All!
We escalated our issues with Deutsche Bank Mexico and their non responsive trust lawyers and accounts receivable departments right up to the top ... Vice President at Deutsche Bank in New York in October 2018. After many emails, telephone calls, and production of endless communications, Deutsche Bank did make staff changes in January 2019. This has seen a flurry of Invoices and emails to the Owners, some who have not heard from Deutsche in 10 years. Often the emails and invoices from Deutsche Bank are incorrect, but at least it is a good start and hopefully will lead to better customer service. This will also clean up the backlog of older trusts waiting for approvals. We are working through these one by one in priority and finally seeing progress on trust transfers. This helps all Lawyers and Realtors that work for LB.