Need to translate Mexican appraisal

[Vernon Martin]

I'm trying to translate an appraisal of a 7.4 acre lot in Acapulco, but I'm struggling with Mexican legal and appraisal terminology. I'd like to hire a spanish-speaking appraiser to sit down and go over the document with together. I'm in LA. Propose a flat fee or hourly fee.
Actual Mexican appraisal experience would be desirable, but it's so hard to find someone with it.

 

[Mike Boyd]

That is probably the most unique question I have seen in the forum. If you can't find anyone, I suggest calling your local high school or Jr College Spanish instructor. They claim to be terribly underpaid and would probably jump at the opportunity.

 

[Walter Kirk]

I'm sure that there is a Mexican professional appraisal association. I would contact such an organization. I wouldn't rely on just any Spanish speaking person since real estate and appraisal terms can make a literal translation misleading. There are plenty of Mexican real estate professionals who are fluent in English.

 

[Don Clark]

I'm sure that there is a Mexican professional appraisal association. I would contact such an organization. I wouldn't rely on just any Spanish speaking person since real estate and appraisal terms can make a literal translation misleading. There are plenty of Mexican real estate professionals who are fluent in English.

The AI has an affiliated organization in that country.

 

[Vernon Martin]

I wouldn't rely on just any Spanish speaking person since real estate and appraisal terms can make a literal translation misleading. There are plenty of Mexican real estate professionals who are fluent in English.

I think you're right. There are official Mexican real estate and legal terms that I would not expect a spanish-speaking American to be familiar with. I spent the weekend doing internet research that enabled me to translate part of what was written and am compiling my own glossary of terms.

Nevertheless, I have doubts that this loan application will proceed much further, as the aerial photos seem to show a landlocked parcel of swampland.

Incidentally, I have found no Mexican appraisers association, just AMPI, the association of Mexican real estate professionals, which is more like a realtors' association.

 

[RSW]

They have swamps in Mexico? Where?

 

[Vernon Martin]

They have swamps in Mexico? Where?

I would not expect a non-Angeleno to know this, but Acapulco, where the subject property is located, has as a tourist attraction the swamp of Laguna de Tres Palos, where the early Tarzan films were shot before filming was moved to the Los Angeles Arboretum in Arcadia, CA.

 

[Mike Kennedy]

Vernon - check your private msgs. sent u info on possible solution.

 

[DWiley]

Incidentally, I have found no Mexican appraisers association, just AMPI, the association of Mexican real estate professionals, which is more like a realtors' association.

Here is a link to the valuers association for Mexico. They have a representative on the IVSC that I have worked with for several years.

http://www.fecisvalmexico.org/

However, if you cannot read Spanish it will do you little good

 

[Vernon Martin]

Here is a link to the valuers association for Mexico. They have a representative on the IVSC that I have worked with for several years.

http://www.fecisvalmexico.org/

However, if you cannot read Spanish it will do you little good

Wow. I had no idea of their existence, and I don't recall them being mentioned in the Appraisal Institute's seminar last year on appraising in Latin America. I do know that AI has 54 associate members in Mexico, none of whom are located in Acapulco.

I left a message (in Spanish) with La Federacion, asking for a referral. I do read some Spanish, but not the type of Spanish which is needed for this assignment. I used to vacation in Mexico and Acapulco, but stopped going when things got scary. Foreign tourism in Acapulco has declined 65% since 2000, but most of Acapulco's tourism is domestic now, comprising 84% of all tourism to Acapulco. Most visitors come from Mexico City.