MERCADO IMOBILIÁRIO: POR QUE O LEILÃO DE IMÓVEIS DISPAROU NO BRASIL

Rob Correa

3 Sept 202410:58

Summary

TLDRThis video script discusses the surge in real estate auctions due to non-payment of mortgages, taxes, and condominium fees. It highlights the risks involved in purchasing auctioned properties, such as occupied homes and the need for significant repairs. The speaker emphasizes that successful investors in auctioned properties are often professionals, not amateurs. They also introduce real estate investment funds as a passive and hassle-free alternative to direct property investment, promoting their own investment advisory services for portfolio management and passive income.

Takeaways

🏠 Real estate auctions are becoming more common, with a significant increase in properties available for auction at Caixa Econômica jumping from 7,700 in 2022 to 25,500 in 2024.
📈 The surge in real estate auctions is primarily driven by non-payment of debts such as mortgages, property taxes (IPTU), and condominium fees.
💼 Banks can repossess and auction properties if mortgage payments are defaulted, turning the dream of homeownership into a nightmare.
🏢 The non-payment of IPTU can lead to municipal actions that may result in property auctions to settle the tax debt.
🏘️ Failure to pay condominium fees can also lead to property auctions by the condominium association to recover the outstanding payments.
🛠️ Properties auctioned off are often in poor condition, requiring significant investment for repairs and renovations.
🚫 Occupied properties present a risk for investors as they may involve legal battles and additional costs to evict current occupants.
💡 Successful real estate auction investors are typically professionals who treat it as a full-time occupation, not a hobby.
💼 The speaker suggests that investing in real estate investment funds (REITs) is a more passive and less risky way to invest in real estate compared to buying properties at auctions.
🔗 The speaker promotes their investment consulting service, RC Wealth, as a way to manage real estate investments professionally and efficiently.

Q & A

What is the main reason for the significant increase in real estate being auctioned?
-The main reason for the increase in real estate being auctioned is non-payment of debts such as mortgage installments, property taxes, and condominium fees. The video mentions a specific increase from 7,700 properties in 2022 to 25,500 in 2024, a 228.88% growth, which is heavily influenced by high-interest rates in real estate financing and financial crises.
How can a property end up in a mortgage foreclosure auction?
-A property can end up in a mortgage foreclosure auction if the owner fails to pay the mortgage installments. The bank that provided the loan can request the execution of the debt, turning the dream of homeownership into a nightmare.
What is the role of IPTU in property auctions?
-If property owners do not pay IPTU (a municipal tax in Brazil), the local government can initiate a fiscal execution action. If no other assets are available, the property may be auctioned to cover the IPTU debt.
Why do condominium debts lead to property auctions?
-Condominium debts can lead to property auctions because unpaid condominium fees are considered propter P, a debt tied to the property regardless of who occupies it. If the debt is not settled, the condominium association can take legal action, resulting in the property being auctioned to cover the overdue fees.
How can judicial decisions impact property auctions?
-Judicial decisions can result in property auctions, often due to unpaid debts such as alimony or child support. If other assets have been exhausted, the court may order the auction of the property to satisfy the debt.
What is the myth the video aims to dispel about real estate financing?
-The myth the video aims to dispel is that when you finance a property for 15, 20, or 30 years, you own the property. In reality, the property remains the bank's property until the debt is fully paid off. If payments are not made, the bank can repossess and auction the property.
What are the risks involved in buying properties at auctions?
-The risks involved in buying properties at auctions include occupied properties, which may require legal action and additional costs to evict occupants, and the condition of the properties, which are often in poor condition and require significant investment for repairs and renovations.
Who is more likely to succeed in buying properties at auctions according to the video?
-According to the video, those who are more likely to succeed in buying properties at auctions are professionals who make it their full-time occupation, rather than those who do it sporadically as a hobby.
What is the alternative investment method in real estate suggested in the video?
-The video suggests that the best alternative investment method in real estate is through real estate investment funds (REITs), which offer passive income, tax benefits, and less hassle compared to direct property ownership.
What services does RC Wealth offer in terms of investment management?
-RC Wealth offers investment management services, including managing real estate investment portfolios for clients, providing benefits and advantages, and ensuring careful attention to detail in managing clients' assets as if they were their own.
How can viewers get in touch with RC Wealth for investment consultation?
-Viewers can get in touch with RC Wealth by clicking on the link provided in the video description or comments, where they can leave their name, email, and WhatsApp number to be contacted by a specialist.

Outlines

00:00

🏠 Real Estate Auctions: Causes and Consequences

The paragraph discusses the phenomenon of real estate auctions, particularly those organized by Caixa Econômica Federal, where properties are sold at discounts of up to 95%. The speaker points out a significant increase in the number of properties available for auction, jumping from 7,700 in 2022 to 25,500 in 2024, marking a 220.88% growth. The main reasons for properties going to auction are non-payment of mortgage installments, unpaid property taxes (IPTU), and unpaid condominium fees. The speaker emphasizes the importance of understanding these reasons to avoid losing one's property. Additionally, the speaker mentions that properties can also be auctioned due to judicial decisions, often related to unpaid alimony or other debts. The paragraph ends with a call to action for viewers to like and subscribe to the channel for more content.

05:01

💼 The Reality of Home Ownership and Auction Risks

This paragraph delves into the misconception that taking a long-term mortgage means one has achieved the dream of homeownership. The speaker clarifies that until the mortgage is fully paid off, the property technically belongs to the bank. If payments are defaulted, the bank can repossess the property and put it up for auction. The paragraph also addresses the risks involved in purchasing properties at auctions, such as occupied properties which can lead to legal and financial burdens, and the condition of the properties which are often not accessible for inspection before the auction, leading to potential costly repairs and renovations. The speaker suggests that successful auction participants are typically professionals in the field, not occasional buyers. The paragraph concludes with a recommendation for passive real estate investment through real estate investment funds, which the speaker's company, RC Wealth, specializes in managing.

10:03

📈 Investing Wisely: RC Wealth Consultancy

The final paragraph serves as a call to action for viewers to consider professional investment consultancy for managing their assets. The speaker promotes RC Wealth as a reliable service that treats clients' money with the same care as their own. The speaker invites viewers to click on the link provided in the video description or comments to connect with a specialist. By providing their name, email, and WhatsApp number, viewers can expect personalized service to help them with their investments. The paragraph ends with a friendly reminder of the next scheduled interaction and a farewell, promising more discussions in the future.

Mindmap

Keywords

💡Leilão de Imóveis

A 'Leilão de Imóveis' refers to the auctioning of real estate properties. In the context of the video, it is highlighted as a method used by financial institutions to recover debts when homeowners fail to make payments. The video discusses how properties are put up for auction with significant discounts, which can be attractive to investors but also carry risks. The script mentions a drastic increase in the number of properties being auctioned, indicating a growing trend.

💡Inadimplência

Inadimplência, or 'non-compliance' in English, refers to the failure to fulfill financial obligations, such as mortgage payments or taxes. The video script points out that high non-compliance rates are a significant reason for the increase in real estate auctions. It underscores the financial struggles faced by homeowners that lead to properties being repossessed and sold at auction.

💡Financiamento Imobiliário

Financiamento Imobiliário, or 'mortgage financing,' is a loan provided by banks or financial institutions to purchase real estate. The video explains that until the mortgage is fully paid off, the property technically remains the bank's asset. This concept is crucial as it sets the stage for why properties are auctioned off when homeowners default on their payments.

💡IPTU

IPTU stands for Imposto Predial e Territorial Urbano, which translates to 'Urban Land and Property Tax' in English. It is a local tax in Brazil levied on property owners. The video script uses IPTU as an example of a tax that, if unpaid, can lead to a property being auctioned off to settle the debt, illustrating the consequences of non-payment.

💡Condomínio

Condomínio refers to 'condominium' or shared property rights in a building or complex. The video script mentions that unpaid condominium fees can result in legal action and potentially lead to the property being auctioned off. This highlights another common reason for real estate auctions beyond mortgage defaults.

💡Investidor

An 'investor' in the context of the video is someone who participates in real estate auctions to acquire properties at discounted prices. The script discusses the potential for investors to find bargains in auctions but also cautions about the associated risks, such as the condition of the properties and the legal complexities of occupied properties.

💡Dívida

Dívida, or 'debt,' is central to the video's theme as it is the primary reason properties end up in auctions. The video explains how various types of debts, such as mortgage payments, taxes, and condominium fees, can lead to a property being repossessed and sold at auction if not paid.

💡Execução Fiscal

Execução Fiscal, or 'tax enforcement,' is a legal process where the government takes action to recover unpaid taxes. The video script mentions this as a potential path to property auctions, emphasizing the severity of unpaid IPTU and how it can result in the loss of a property.

💡Reforma e Reparo

Reforma e Reparo, or 'renovation and repair,' are mentioned in the context of the potential costs an investor might face when purchasing a property at auction. The video warns that auctioned properties are often in poor condition, requiring significant investment to restore, which is a risk factor for investors.

💡Fundos de Investimento Imobiliário

Fundos de Investimento Imobiliário, or 'real estate investment funds,' are investment vehicles that pool money to invest in real estate. The video suggests these funds as a passive investment alternative to direct property ownership, highlighting the benefits of regular returns and reduced management hassles compared to owning physical properties.

💡Consultoria de Investimentos

Consultoria de Investimentos, or 'investment consulting,' refers to professional services that provide advice on investment strategies. The video script ends with a mention of RC Wealth, an investment consulting firm that manages real estate investment portfolios for clients, positioning it as a solution for those seeking professional management of their investments.

Highlights

Imóveis with up to 95% discount available through Caixa Economica's virtual auction.

Number of available properties in Caixa Econômica increased from 7,700 in 2022 to 25,500 in 2024, a 228.88% growth.

Reasons for properties going to auction include failure to pay installments, taxes, or condominium fees.

Properties can be seized for unpaid IPTU taxes by the municipality, leading to auction.

Unpaid condominium fees can result in properties being auctioned to cover the debt.

Judicial decisions, often related to alimony or other financial settlements, can lead to property auctions.

The main reason for the increase in property auctions is non-compliance, influenced by high interest rates and financial crises.

A common myth debunked: until the mortgage is paid off, the property is still the bank's property, not the homeowner's.

Investors can find bargains in property auctions, but they must be aware of the risks involved.

Occupied properties are a significant risk in auctions, as they may involve legal costs and time without returns.

The condition of auctioned properties is often unknown, which can lead to unexpected repair costs.

Successful auction investors are typically professionals who do this full-time, not as a hobby.

Real estate investment funds (FII) are a passive investment option that offers dividends without the hassles of property management.

RC Wealth offers investment consulting, helping clients manage their real estate investment portfolios.

Investing in FII can be a more straightforward and less stressful way to earn passive income from real estate.

RC Wealth's team provides careful attention to clients' portfolios, aiming to maximize returns and minimize risks.

Contact RC Wealth for a consultation on managing and growing your real estate investments.