Category Archives: International real estate

Proxio – A valuable new listing service

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“All markets are local” is a phrase often used by the National Association of Realtors during our Public Awareness Campaigns. This is very true, and it underscores the need to contact a local market professional before buying or selling real estate.

However, when it comes to selling your home, your Realtor’s marketing plan should include promoting your property as far and wide as possible. As a member of FIABCI (the International Real Estate Federation), I am excited to announce we have partnered with Proxioa truly international MLS. Plus, the agents who belong to both FIABCI and Proxio specialize in working with global clients.

I can list your property on Proxio at no added cost, and give you a competitive edge in a very competitive market. Please call me if you’re thinking about buying or selling. It all starts with an initial conversation and a plan.

I’m going to the United Nations!

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As a member of FIABCI (the International Real Estate Federation), I am fortunate to network, share ideas, and learn from some of the best in the business globally. Founded 60 years ago, FIABCI is based in Paris and has chapters in 65 countries; FIABCI-USA is the only real estate organization to represent the entire spectrum of the industry in the United States.

FIABCI also maintains a Special Consultative Status with the United Nations, and I am excited to be the only Realtor from Oregon who is attending this event on October 22nd.

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Securites Based Loans

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I have been in contact with a direct, private lender specializing exclusively in Securites Based Loans. These loans are different from real estate loans in that the loan is not on the real estate, but on a borrower’s portfolio (stocks, bonds, treasuries, mutual funds). The money can be used for any purpose, which is often real estate. The borrower retains all benecial interest in the shares (dividends, appreciation).

A brief summary provided to me by Anita Rodal, SBPI Services, Inc.:

  • They can lend worldwide, with securities on almost any exchanges in the world.
  • Minimum loan amount:  $100,000 /  minimum term:  3 years.
  • Total time from application to funding is approximately 10 business days.
  • Loan periods from 3-10 years.
  • Interest rates from 2.5% to 4.5% fixed, interest only, payments due quarterly.
  • 80% Loan to Value .
  • Great for foreign nationals purchasing here, or Americans purchasing real estate outside the United States.

Disclaimer: This is not financial or legal advice, but rather a general overview of another financing option for homebuyers and investors who hold publicly traded  stocks, bonds, mutual funds, etc. –  and want to borrow money against them. As always, I am happy to refer you to qualified professionals.

If you have dreams of buying a second  home or investment property outside the United States, please contact me. It all starts with an initial conversation and a plan.

“It’s beautiful, BUT…”

Some people that I talk to about Nicaragua share a similar concern. Is it safe? Fortunately, that is one of the easiest questions to answer. YES! Risk Briefing Services, part of the Economist Intelligence Unit (EIU) confirms this. So, not only is Nicaragua beautiful, with some of the warmest and friendliest people you will find anywhere – you could live in or retire to one of the safest countries in the Western Hemisphere!

Isn’t shattering myths refreshing?

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Ten Second Poll

In addition to selling real estate in Portland’s Close In neighborhoods, I can be your resource to locate and buy property across the border or overseas. I network extensively with other brokers specializing in international real estate, travel to other countries to see and learn about real estate first-hand, and have direct relationships with specialists in those markets.

In order for me to best serve my clients, it is important for me to know what areas are most important to you. I am planning my late summer and fall business trips now and I would love to know what areas interest you most. So, please take the quick poll. Or, please email (steve@nicavistas.com) or call me (503.490.4116) to discuss your interests – whether they’re short term or long term.  It all starts with an initial conversation and a plan.

[polldaddy poll=”1720545″] Poll Closed. Thanks for contributing