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Use of the FGTS can anticipate the purchase of the home through a consortium

12/9/2016

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 

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In 2016, almost 2,2 thousand workers moved R$ 82.3 million from their FGTS accounts as a bid, to amortize or pay the debtor balance of the property in consortiums

In the current economic scenario, few Brazilians venture to dispose of a property only with the help of savings funds or their own current account. According to the FipeZap Bulletin, real estate credit became much more expensive and scarce, its interest rate increased from 7.6% in March 2013 to 10.7% in March 2015. Because of this, each More people have joined the consortiums and opted to use the FGTS balance, either as an initial bid, balance depreciation or even to take it out at once. "Currently 19% of our contemplated clients have used the FGTS to purchase the property. Every two years it is possible to use the fund to amortize the debit balance, "explains Rogerio Pereira, Embracon Sales Director.

For those who are interested in joining the use of FGTS, it is important to know that the consortium presents some differentials and benefits. "The great benefit for those who turn to FGTS is the fact that their annual income is on the basis of 3%, that is, very low. And because of indexes, such as Inflation, the best thing to do is apply it, "says the executive.

However, in the consortium, the people who decide to resort to this route can remove the property through two modalities. In the first of these it is possible to offer the FGTS as a bid to anticipate contemplation. The higher the bid, the greater the chance of contemplation. In the second, it is possible to use the fund as a credit complement alternative. Through it you can use the consortium letter to acquire a property of greater value. Embracon provides useful information on how to manage the use of the FGTS in the real estate consortium (to access the document CLICK HERE).

Example

This is the case of the couple Vanderleia and Nilso Vicente, who were with the fund stopped for more than 16 years and had a property in sight. The draw would be the way to expedite the acquisition of the house itself, in addition the former owner also had an urgency to sell the house. "We understood that interest rates were much lower and that the letter would expedite the buying process. The final value of the property was much more advantageous, while the traditional way of financing would take much longer, "the couple explains.

Marketplace

According to data from ABAC - Brazilian Association of Consortium Administrators, in the first eight months of this year, 2,183 workers participating in the groups of real estate consortia in Brazil used their balances, either partially or totally, resulting in a movement of R $ 82.3 Million in FGTS accounts. According to the entity, the volume of credit available for the purchase of real estate in the period was R $ 4.74 billion. Approximately 47,700 consortium members had the opportunity to acquire a property between January and August 2016. Currently there are about 800 thousand active participants in the real estate consortium system in Brazil.

About Embracon

For 28 years in the consortium market, the company has more than 120 thousand active customers, 600 partners in the national territory, with 110 branches in the country and around 3 thousand employees. It is one of the largest and most respected companies specialized in consortium of automobiles, motorcycles and real estate. The philosophy of work is based on knowing and meeting the needs of customers who find in the institution solidity, credibility and a wide range of products and services. Embracon is authorized and supervised by the Central Bank of Brazil and associated with ABAC - Brazilian Association of Consortium Administrators. Visit the site: www.embracon.com.br

 

Source: secs

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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