Accessing an affordable home is very complicated these days. However, citizens can take advantage of opportunities such as those that the Institute of the National Housing Fund for Workers (Infonavit) is offering in Mexico. And it is that The agency is auctioning off houses for 400,000 Mexican pesos.
Infonavit is the body in charge of managing the resources of the National Housing Fund. In addition, it also offers financing systems so that workers can afford credit. To do this, it coordinates construction programs so that homes can be purchased at a low cost and are in good condition. Although not all of them are at this price, There are good offers that users can take advantage of to access a home.
Home auction at 400,000 pesos
Those properties that are abandoned have been coordinated by Infonavit systems. The agency has given notice of a new auction of homes and, although not all of them can be sold, the vast majority can. The Institute auctions off the houses at a price of about 400,000 Mexican pesos.
As stated from teach me about sciencethe Government of Mexico also offers an aid program called ‘Infonavit Community Regeneration‘. This program consists of reinserting homes awarded to Infonativ into the secondary market. The majority of homes are concentrated in those municipalities where there is a high rate of irregular housing.
Likewise, the organization is in charge of coordinating the sale of those houses that have “little or no habitability”, subsequently subjecting them to an improvement process. This process includes expansion and adaptation, and then put them up for sale as ‘an auction’.
For this occasion, we can find Infonavit homes for auction prices that are around between 400,000 and 450,000 Mexican pesos for each of these homes. Along with this aid, residents of the country can also apply for the ‘Allies for Housing’ aid program, offered by the Instituto Promotora Inmobiliaria de Hermosillo in Sonora. The director of this promoter has already assured that about 75 homes have been deliveredalthough it is proposed that the figure reaches 200.
The requirement to have access to this type of property is reside near Hermosillo, Sonora. If you live nearby, you can go to some of the offices of Infonavit or the Real Estate Developer of Hermosillo and tell them that you are interested in one of these homes through the ‘Allies for Housing’ help.
Once this is done, you will obtain all the pertinent information along with all the requirements you need to acquire any of these homes at a bargain price.
Cover image | Montage with image of Land Mallorca