ARTICLES
DO YOU WISH TO BECOME AN INVESTOR IN THE
UNITED STATES?
By Roberto Martinez.
(Globe
International Investment, LLC, President)
There are plenty
of questions that we ask ourselves daily regarding investments and
most of these questions remain answerless, first of all because we
do not accept defining exactly which the real inversion will be to
keep us safe and secondly, if we finally find it, we are exposed
to the sudden changes and fluctuations of our economy, to the
unequal competence of bigger companies, the permanent personnel
training and finally the fatigue on business’ personal
management.
We usually
dedicate plenty of time for seeking the form to earn ours’ living
with a business, producing us good profits and where we can carry
out the least possible effort. As time passes by and we do not
find this business or investment, we go to banks, so that they
will keep our savings for us. Banks’ owners do know very well how
to make these deposits producing utilities, but sadly for us, they
will share these utilities just with a 1% annual interest in some
cases.
It is obvious
that not all investments are for everybody. The first question the
future investor must ask himself as soon as he reaches the USA is
if he wants to be an active or passive investor.
The active
investor is the one who wants to work directly in the type of
business in which he invests his money because he has the time,
devotion and desire to involve himself personally in this system
of work.
Or simply, he is
a passive investor and he selects this type of investment to
insure a safe profitability. He contracts with the MAIN OFFICE the
supervision and administration of THE ASSOCIATION in an investment
that does not need him to be involved directly in the development
of the same.
There are
several working opportunities for the Active investor due to the
methods and operational techniques that are needed to find the
proprieties in the delivered lists. These properties are under the
description of “foreclosures” and apply to all properties that
were purchased with a loan and as they were not paid on time, it
allows making a procedure to recover with the sale of the
property, the full payment of the debt.
The Government
guarantees to all financing institutes, the full amount of
borrowed money for any of the above mentioned properties. Based
on the qualification of the individual who obtains the loan.
(Employment, gross revenues, expenditures, time on the same job,
etc.). If this individual suddenly stops paying his mortgage, in
the majority of the cases, the financing Institution calls him and
studies the situation so he can update his payments. If this
individual cannot sustain the established terms that the
institution gave him to update his debt, then they begin the
procedures for recovering the house. Evicting him from it and
following the steps established by the HUD so that the insurance
policy on the loan will pay the institution of the same pending
balance. Then the HUD will take possession of this property and it
enters the category of “foreclosure”.
HUD has a
special company designated to the management of these properties
in the entire United States and it has offices throughout the
country. These “foreclosure” properties can only be acquired
through a real state company duly certified by this company.
The cases of
“foreclosures” only for the city of Houston and surrounding ones
are more or less 600 per month and for Miami – Dade-Broward and
West Palm Beach have an average of 2000 monthly. This is the raw
material for our investments.
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INVERSIONS GO TO PROPERTIES
Good bye stock exchange: hello
real estate business?
By Graciana Palazzo.
Univision on line
The strong and sustained
stock’s fall on the last weeks is leading many investors to buy
properties with the money of their shares, mutual funds, bonus and
even their retirement planes. It is not necessary having a great
capital to obtain benefits.
While some recommend this
kind of inversion, others dissuade it.
Get informed about vantages
and disadvantages of real state as inversion.
STOCK EXCHANGE v.s. real
estate properties.
Real estate agents daily
listen to comments like this: “I was used to lose a 15 per cent on
my shares’ profits during the year. That was bearable, but losing
an 8 per cent in just one day, it is too much”.
Stock exchange’s uncertainty,
something that seems to aggravate as days go by, has a contrast
with the market’s real state stability.
Antonio Aguirre, real estate
agent from Properties Financing Services Corp. (PFS) in Miami,
explains: “While my shares, bonus and other papers lose value with
a great rapidity, as well as the invested retirement capital,
property has a lasting value”.
Withdrawing money from stock
exchange has its costs. Bur they are least, in comparison of
leaving the capital there and go on losing, according to the
expert. “If you decide recovering the money from your retirement
funds, government will charge you a 10 per cent penalty, as that
capital was supposed to be retired on a long term. In addition to
it, you shall pay taxes over the profit you obtained. That same
cost is applicable to the rest of stock exchange papers”, Aguirre
says.
However, if you withdraw in
this moment, you will do it with loss, not with profit. So you
will not have to pay for that category, but just the penalty. If
you invested on your own, it will be cheaper to you. If you did it
through a broker you shall have to deal with him, but it will be a
convenient decision anyway, according to the expert.
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top
If you really desire investing
successfully in the United States, we invite you to know our
SYSTEM OF REAL ESTATE INVERSION, a
secure step to financial success in the USA, investing on Real
Estate.
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