Options as a Strategic Investment » Condo http://optionsasastrategicinvestment.net Option Trading as your main investment strategy Sat, 31 Jul 2010 21:50:46 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Mexico Mortgages; an Upward Trend for Investing in Real Estate South of the Border http://optionsasastrategicinvestment.net/mexico-mortgages-an-upward-trend-for-investing-in-real-estate-south-of-the-border http://optionsasastrategicinvestment.net/mexico-mortgages-an-upward-trend-for-investing-in-real-estate-south-of-the-border#comments Sat, 26 Dec 2009 11:18:38 +0000 admin http://optionsasastrategicinvestment.net/mexico-mortgages-an-upward-trend-for-investing-in-real-estate-south-of-the-border Mexico mortgages are becoming more popular as an option for non-Mexicans to buy their property south of the border.  TopMexicoRealEstate.com/blog, a popular blog site helping new buyers to safely acquire real estate in Mexico, is now guiding people to learn more on the financial options available through programs offered by multi-national companies such as Stewart Title.

 

With years of experience down in Mexico in ensuring safe real estate transactions through their services such as title insurance, escrow services and closing coordination activities, the Stewart Title group has now opted to include a strategically complimentary product being that of Mexico mortgages.  “Loans obtained by Americans, Canadians, and Europeans have represented less than 10% of the purchases for second homes in Mexico. If you include to this scenario the current U.S. credit crisis, the access to financed capital has reduced substantially across the board” states

Ivan Castillo regional manager of Stewart Title of the Yucatan Peninsula, but quickly adds “Financing in Mexico using the Mexican property as guarantee has become more readily available through the services that we offer, with interest rates that have become very accessible in the last several months.” 

 

The program has been designed to ensure a simple and efficient process for the American, Canadian or European to obtain approval for loans with clarity and with ease of mind.  Working with several lenders, the group is able to find various programs that best suit the borrower and his needs with an increased probability of qualification for the Mexico home mortgage.  “This is where our network of offices and years of expertise comes to play” added Ivan Castillo.

 

Mexico mortgage loan options

 

Mexico Home Purchase Loans

 

Refinancing your Mexico Property

 

Property cash out (raising cash on a percentage of the total amount qualified from your property)

 

Construction Loans

 

Lot loans are also available

  

The loans are offered against the collateral on the property in Mexico and the lenders are located in either the United States or from Mexico.  Fico scores of 680 or above with the requirement of making a down payment of 25%.   

 

 

There are estimates that nearly one million Americans have already purchased a home or future retirement property down in Mexico.  This amount is projected to increase as more Canadians and Americans begin retiring in the next decade.   New services and tools to help this expanding market obtain and maintain their Mexican homes will become more accessible with the years.  This can be seen with companies such as Stewart Title whose new program has been introduced with their adjustment to the market and projection of substantial increases in the amount of Mexico Real Estate property acquisitions that will begin utilizing these new channels and sources of financing. 

]]> http://optionsasastrategicinvestment.net/mexico-mortgages-an-upward-trend-for-investing-in-real-estate-south-of-the-border/feed 0 Real Estate And Property Investment Strategies – Grow Your Equity And Wealth http://optionsasastrategicinvestment.net/real-estate-and-property-investment-strategies-grow-your-equity-and-wealth http://optionsasastrategicinvestment.net/real-estate-and-property-investment-strategies-grow-your-equity-and-wealth#comments Fri, 18 Dec 2009 23:31:18 +0000 admin http://optionsasastrategicinvestment.net/real-estate-and-property-investment-strategies-grow-your-equity-and-wealth The first step to building wealth through real estate investing is to buy your own home. Instead of making rent payments that pay off someone else’s property, it makes more sense to make mortgage payments to pay off your own.
This way you not only are not only investing your payments in a property, you are able to take advantage of capital gains.
As you increase equity in your home, you will be able to use it to help you purchase other properties.
After purchasing your own home, the next most common step in real estate property investing is to buy a rental property. If you buy well and get a good rental return with minimal outgoings you will not only take advantage of capital gains but the rent you receive will go along way to paying your mortgage.
As you gain equity in your property and pay down your mortgage, you will be in a position to purchase yet another property and repeat the process.
You need to be careful to minimize the risk by buying properties at below their market value, preferably when market prices have dropped.
This is because real estate prices increase over time and if you are prepared to hold onto property, you will always make money in the long term.
Unless you are wealthy, you will need to take out a mortgage to buy real estate property. A mortgage loan uses property as security for a loan on the property.
A mortgage allows you to purchase real estate with a down payment and repayment terms so that you do not have to pay the full value of the property immediately.
If you default on the payments, foreclosure requires a judicial proceeding which provides the borrower with some protection.
Real estate has historically offered investors far better returns than most other investment options.
With most banks prepared to finance ninety percent of the value of property values, you only require a deposit of ten percent and the ability to make the monthly payments to repay the loan.
Therefore, if you buy conservatively you place yourself in an ideal position to make excellent profits. In fact, real estate has traditionally returned substantially more than average stock market investments over time.
As well as building long term wealth, property investment can offer tax advantages under certain circumstances.
Get advice from your accountant as to whether your circumstances would allow you to claim tax benefits.
Another advantage of real estate investing over stock market investing is that the prices are flexible. With real estate you can make an offer that is lower (sometimes substantially so) than the asking price.
Stock market prices are set and do not allow you any room to move. As a result, you can sometimes get excellent property buys when the seller needs to sell quickly and is prepared to accept your offer.
All in all, investing in real estate is a wise choice that offers excellent long term returns and sometimes even substantial short term gains.
You can begin small with a ten percent deposit on an affordable property and gradually accumulate investments in your property portfolio.
Real estate investment is generally a safe pathway to personal wealth and retirement funding as long as you behave conservatively and wisely.

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