Compared to the US, the financing is different (if you need any), the legal system is different (you need to vet the parties), pre-construction works differently (if that's what you want to buy), the buyer/seller psychology is different, ...It's important that you get the needed knowledge or work with people who have it and have their interests aligned with yours.I have replied to hundreds of posts about investing in Mexico over the years so you might find some what you look for there.

This psychological trap causes us to stick with a plan even if it no longer serves us and the costs clearly outweigh the benefits."

It ties into your great grandfather’s troubles during the 1932 depression; your grand parents ability to purchase a home in 1953 for $100 down with a VA loan, and your own psychological well being at having to have a percentage of your income going to pay debt each month.However, unless debt is so debilitating to you that it keeps you up at night and inhibits your ability to make rational decisions, the decision to pay off debt early is merely a function of numbers.  

Dear all,Trying out a particular style of real estate investing for the first time can be a major psychological hurdle to clear.

But your own psychology and mindset does matter, and investing in real estate, while not making us wealthy, did give us this back-up plan where we knew we'd always have a roof over our heads and enough of a financial buffer we could figure something else out.

If you sell with a "mold problem" I think you will lose more than the cost of a mitigation from the psychological impact the fear can have on a buyer.  

For some the psychology of having no loan works - they still have the property tax (which is artificially low from Proposition 13) and insurance payments (which is increasing from wildfire risks and some major companies not taking on any new clients). 

Could one get a call from "a" mailer, sure, but that's not the consumer psychology of it. 

Human psychology is smaller, more often increases are more acceptable than one big increase even though the opposite is true mathematically. 

Scott, I feel like we have to distinguish between the new person who honestly doesn’t know and may be being misled by the guru hype, and the hostile newbie who post after having already paid for a mentorship and either psychologically can’t “handle the truth” or is trying to recover his money already spent on the program by receiving compensation for “recruiting” other “innocents”.