Las abandoned houses from INFONAVIT They are an excellent option that you can turn to if you are in a hurry to buy a home..
These complex rooms are more than abandoned, son recovered by the institution once their original owners vacate them.
INFONAVIT auctions abandoned houses 2022 – 2023
What Infonavit auctions abandoned houses 2022 y 2023 It is a great opportunity to get a property at a low cost.
List of houses recovered by INFONAVIT
Purchasing one of these homes is a great savings opportunity, until the 30% less than original value.
In this article, Let's break down everything you need to know about how to acquire an abandoned house from Infonavit, including what Infonavit is, what are the abandoned houses of Infonavit, los requirements to acquire an abandoned house from Infonavit, los Steps to acquire an abandoned house from Infonavit, and some tips for the process.
What is Infonavit?
Infonavit is the Institute of the National Housing Fund for Workers. It is an institution of the Mexican government in charge of managing the national housing fund., which is used to provide financing and housing solutions to Mexican workers.
Infonavit's main objective is to help workers obtain adequate and affordable housing.
What are the abandoned houses of Infonavit?
Infonavit's abandoned houses are homes that were financed by Infonavit, but they have been abandoned by their owners. These houses are often in disrepair and are not being used, meaning they are available for other people to purchase.
If you are interested in acquiring an abandoned house from Infonavit, There are some requirements you must meet..
Requirements to acquire an abandoned house from Infonavit.
To acquire an abandoned house from Infonavit, must meet the following requirements:
- Be a Mexican citizen or have legal residence in Mexico.
- Be older than 18 years.
- Not having a previous property acquired through Infonavit.
- Not have outstanding debts with Infonavit.
- Have a minimum savings of $20,000 pesos.
If you meet these requirements, You can begin the process to acquire an abandoned house from Infonavit.
Steps to acquire an abandoned house from Infonavit.
The process to acquire an abandoned house from Infonavit can be summarized in the following steps:
- Search abandoned houses from Infonavit. To find abandoned houses from Infonavit, You can search online or contact Infonavit offices in your area.
- Inspect the house. Before purchasing an abandoned house from Infonavit, It is important to inspect it to make sure it is in good condition and will not require major repair..
- Check if the house has outstanding debts. Infonavit can seize the house if there are outstanding debts, so it is important to check that there are no outstanding debts before making an offer.
- Make an offer. If the house is in good condition and has no outstanding debts, you can make an offer on the house. Your offer must be competitive and reflect the market value of the home.
- Wait for Infonavit's response. After making an offer, You must wait for the response from Infonavit. If your offer is accepted, You must sign the necessary documents and pay the cost of the house.
It also happens when they are stripped of them due to non-payment.. After this, are placed at auctions, so that new interested parties can acquire them.
How to acquire an abandoned house from Infonavit?
Before getting into the matter, It is important that you are clear that this type ofrecovered homes They represent a way to save when buying a new home.
In general, The prices of these houses range up to 30% less than the value in the real estate market.
There is also a disadvantage when choosing this purchasing methodology, and it is that, Their availability is limited to certain areas of the country.. This means, that the possibility of finding a house close to an area of your interest is almost zero.
Even, many of the abandoned infonavit houses are located towards the northern part of the nation in regions such asSonora, New Lion, Baja California, Tamaulipas, among others.
But so that you understand more about this, and know how complicated or easy it is to acquire an abandoned house from infonavit, keep reading.
How can I acquire an abandoned house from Infonavit?
First of all, You have to know that Infonavit is in charge of recovering homes that are abandoned or that are evicted due to non-payment. Once they have certainnumber of homes available, They put them in wholesale auctions where real estate companies that are interested can purchase them..
In a nutshell, These houses are put up for auction and those who offer an amount equal to or close to the requested one keep them..
What's the plan about?
This plan consists of providing financing to buy a home recovered by the institution and improve it with the money you receive.. It's more, This is a credit that focuses on specific activities to perform jobs such as:
- Paint
- Kitchen and bathroom repair
- Extensions
- Floors
- Waterproofing, among others.
How does this program work?
Acquiring an abandoned house from Infonavit can be complicated, however, the first step is to find it. If you are lucky and find yours, You must be clear about how the “buy and improve a used home” program works.
- First of all, The home must have a quality technical opinion with a rating of 70 points and an evaluation. You can process both instruments at the same time.
- The improvements you plan to make to the home should not affect any part of its structure..
- The minimum amount you can spend on upgrades is $10 A thousand pesos, while the maximum amount corresponds to 80% of the total value of the operation.
- In addition, The maximum amount of the improvement can be up to 90% of the balance you have in the housing subaccount that you have in the AFORE.
Similarly, there is an alternative that allows youskip this whole cumbersome process, but it takes a long time. You can approach any real estate agency or developer that has previously acquired the property at auction and has carried out the appropriate renovations..
According to data recorded by the National Housing Fund, only in the year 2020, They recovered around 60 thousand houses in the country. The homes are auctioned and sold to real estate companies that participate in it and put them up for sale..
It should be noted, that these events are televised and published through different digital platforms. That is to say, that are public knowledge.
However, I hope this information is of great help to you and that you manage to acquire an abandoned infonavit house without major setbacks.. As you see, It is a long but simple process that you can do on your own..
However, It never hurts to seek advice from an expert to make it easier for you.. If you liked our guide, Don't hesitate to share it with the rest of your friends.. See you in a next post where we will talk to you about another interesting topic..