My Affordable Real Estate

A lot of people might be wondering what “real estate” actually is. Well, listen up, because I’ll tell you. And you should not only hear, but listen and pay attention to details. It is common knowledge that investing in real estate, such as 40 acres of land or a nice two story house with a picket fence, is a great way to invest your money.Okay, so here is what most people would define real estate as. It is a legal term that signifies stationary property (including land and buildings). Real estate is considered the same thing as “real property” or “realty”, opposite of personal property. The term real estate refers to the combination of land and fixtures as one.Real estate is referred differently in various countries around the world. In England the British refer to it as “property”. In France, Italy, Portugal, Germany, and Spain they refer to land our housing property as “immovables”. Other property is referred to as “movables”. Makes sense, right?!In Mexico and Central America the real estate business is ran differently from the United States. One main difference is that in Mexico, the government regulates where foreigners can buy land or purchase a home. An example of this is that in Mexico foreigners can’t buy property within 50 kilometers of the coast or 100 kilometers from a border. This contrasts with Honduras where a foreigner can buy beach front property! Hondo here I come!