Imóveis Consortium | 5 reasons you need to know. The property consortium is an increasingly popular option for those who wish to purchase their own home, but does not have the total value of the property available immediately.

However, there are some myths about the consortium that can generate doubts and misinformation.

In this article, we are going to dispel five common myths about the imóveis consortium and provide important information so that you can make an informed decision.

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Or what is the imóveis consortium?

Before we address the myths, it is important to understand what an imóveis consortium is. The consortium is a type of group purchase, in which a number of people come together with the objective of acquiring one thing, in this case, a vehicle.

The group is managed by a specialized company, a consortium administrator, which organizes the monthly contributions of each participant. Each month, one or more consortia are contemplated by means of raffles or hauls, receiving a letter of credit that can be used to purchase the desired property.

The imóvel requires the value of the letter of credit

One of the most common myths is that the value of the property must be equal to the value of the letter of credit. The truth is that the value of the letter of credit is established at the time of contracting the consortium, and you can select items with higher or lower values than the letter.

If you opt for a property of lower value, you can use the difference for other property-related purposes, such as removing waste with documentation or even carrying out renovations.

The consortium is only for new imóveis

Another myth is that the imóveis consortium only applies to the purchase of new imóveis. In fact, you can use a letter of credit to purchase used property, in construction or even in land.

Flexibility is one of the benefits of the consortium, as you have the freedom to choose the type of vehicle that best meets your needs.

Do not use FGTS or imóveis consórcio

Many people believe that the Service Time Guarantee Fund (FGTS) cannot be used by the property consortium. However, this information is not true. It is possible to use the FGTS to issue or complement the value of the letter of credit, as long as it meets the requirements established by the consortium program and the current legislation.

One of the most common reasons is that, if you fail to pay any parcel of the consortium, you will lose all invested money to the letter of credit. However, this is not entirely true. If you have gone through financial difficulties and have not been able to secure payment for the plots

If you are going through financial difficulties and are unable to secure payment for the consortium's plots, there are some alternatives before losing the letter of credit.

It is possible to negotiate with the administrator to find temporary solutions, such as a temporary pause in the payment of plots or the transfer of the consortium to other interested parties. It is important to communicate the situation to the administrator as soon as possible to avoid future problems.

The imóveis consortium is only worth it for no money

A common myth is that the imóveis consortium is advantageous only for people with little money to enter into traditional financing. However, the consortium can be an interesting option for you to have the resources available to you. By opting for the consortium, you do not need to pay high costs such as bank financing, in addition to having the possibility of being financially programmed for the acquisition of property.

There are many myths surrounding the imóveis consortium, but it is important to be well informed to make conscious decisions. The consortium offers flexibility, a variety of options and the possibility of planning the purchase of two-story automobiles in a safe and affordable manner.

5 Main Federal and Private Banks that offer the real estate consortium

Also, it is interesting to know the options available in the market when it comes to an imóveis consortium. Various banks and financial institutions offer this service, and the five main banks that make available the property consortium in Brazil alone:

Bank of Brazil: Banco do Brasil offers consortiums of assets with various options for letter of credit values and payment terms, allowing the client to choose the plan that best suits their needs.

Federal Economic Bank: The Caixa is known for its real estate financing options, but it also offers property consortiums. With various modalities and possibilities of using FGTS, the Caixa is an option to be considered.

Itaú: Itaú makes available consortiums of imóveis with different values of letter of credit and installments. With a wide network of agencies throughout the country, the bank offers facilities in contracting and accompaniment of the consortium.

Bradesco: Bradesco is another financial institution that offers real estate consortiums, with long-term parceling options and different letter of credit values.

Santander: Santander also has options from property consortiums, with flexible plans and the possibility of using FGTS. The bank offers facilities for contracting and accompaniment of the consortium.

It is important to note that these are only some examples of banks that offer real estate consortiums in Brazil.

Conclusion

It is recommended to research and compare the available options, taking into consideration taxes, terms, contractual conditions and reputation of the institutions before making a decision.

In short, the property consortium is a viable and accessible option for those who wish to acquire a home of their own. By demystifying these five myths about the company, we hope to clarify important information that can influence your decision.

It is known that the property consortium offers flexibility, allowing the selection of new, used or construction properties.

Also, it is possible to use the FGTS to complement the value of the letter of credit and have alternatives in the event of financial difficulties during the payment of the plots.

It is essential to research and compare the options offered by different financial institutions, such as Banco do Brasil, Caixa Econômica Federal, Itaú, Bradesco and Santander. There are examples of banks that make the imóveis consortium available.

Avail taxes, terms, contract conditions and reputation before making your request.

Please also verify the veracity of the information provided in this article, as the financial market is constantly evolving and the policies and regulations may be updated.

In short, the imóveis consortium is an interesting alternative to acquire your imóvel two sonhos. With adequate planning and correct knowledge, you will be able to take advantage of the benefits of this group purchasing modality.

Do not say that the myths or impeçam to consider the consortium as a viable option to conquer your own desire.
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