Posted on 08/16/2005 12:49:34 AM PDT by Cincinatus' Wife
EACH week, Pedro Morlet knocks on doors in the East San Francisco Bay, looking for illegal immigrants.
Morlet isn't an immigration agent. He's a real estate agent, and he's scouting for business.
"Do you want a house, work and pay taxes but don't have a Social Security number?" reads his flier, written in Spanish and tailored to his potential customers. "We can help you LEGALLY!"
Across the country, particularly in Texas and parts of the Midwest, hundreds of illegal immigrants have bought homes using special lending programs that bypass the need for a Social Security number. Now, with backing from some of the country's largest financial institutions, this newest effort to tap customers for the real estate market is moving to the nation's largest concentration of illegal immigrants — California.
As buyers begin to queue up, real estate is becoming the latest arena to highlight the often-bizarre contradictions of American immigration policy.
Legally speaking
Advocates of tighter controls on immigration oppose the idea. Lending money to illegal immigrants encourages others to cross the border, they say.
"They have no right to own property in the United States because they have no right to be here in the first place," said Diana Hull, president of Californians for Population Stabilization. Legally, that's not quite true. Unlike some countries — Mexico, for example — the United States generally does not restrict foreign citizens from buying real estate.
But for years, because buying a home required a Social Security number, the only way for an illegal immigrant to do so was by using a false number. In addition, such immigrants often were rejected or overlooked by legitimate lenders, leaving them vulnerable to fraud.
Customers await
Lenders have a powerful incentive to find ways to get around those barriers: tens of thousands of potential customers. The National Association of Hispanic Real Estate Professionals estimates that more than 216,000 undocumented immigrants, including many who have been in the country for decades, could buy homes if they had access to the market.
Despite their undocumented status, many prospective buyers earn steady incomes, face little risk of deportation and are desperate to become homeowners. Their mortgages would amount to millions of dollars.
"You have gainfully employed people who have been stuffing money in the mattress for a long time," said Mary Mancera, spokeswoman for the association. "There are quite a few who have been working and saving money and raising kids and going about their lives and want to achieve that next step, but haven't been able to because of the barriers."
'An investment'
Silvia Avalos, a hairstylist, and her husband, José Luis Avalos, a busboy, are among the people Mancera is talking about. They were tired of spending their money on rent each month but didn't want to use fake Social Security numbers to buy a home.
After friends told them they could buy legally, they found a two-bedroom condominium northeast of San Francisco, for $280,000. They moved in as soon as escrow closed.
"We saw it as an investment," Silvia Avalos said. "While you are here, you have somewhere to live that is yours. And if you return home, you can sell it."
Tax numbers
The opportunity to get people like the Avalos family into the market begins with the IRS, which is happy to collect peoples' taxes, regardless of their immigration status.
Nearly a decade ago, the IRS began giving out Individual Taxpayer Identification Numbers so people without Social Security numbers could pay taxes. Since then, more than 8 million applicants have received numbers, and about 2 million are used on tax returns.
The IRS knows illegal immigrants are using the numbers to get mortgages.
"We don't have control over whatever the taxpayers do with the numbers other than filing a tax return," spokeswoman Irma Trevino said.
In addition to the ID numbers, immigrants must show that they have been in the country, worked and paid taxes for at least two years in order to get mortgages. Because many do not have credit scores, they must prove their good credit through documents such as utility and cell phone bills, rent receipts, bank statements and paychecks. The interest rates and loan costs are in line with those of buyers who have Social Security numbers.
Selling out their fellow Americans for the almighty buck.
Typical business ethics.
The idea of going into business is to make a profit. That isn't a sin.
I find it interesting that the IRS gives numbers to illegal immigrants to get tax money (Typical government ethics?).
Whether it's a sin or not I'll leave to others.
However, perhaps the shareholders of those banks might consider the liability those banks are incurring.
See, for instance, this:
http://www.vdare.com/guzzardi/0508013_mortgages.htm
U.S. Criminal Code 274 "it is a crime punishable by 10 years in jail for aiding and abetting someone in this country illegally for commercial gain."
I'm not defending the practice.
I am asking why the govenment is giving them tax numbers.
Hmmmmm??
Well this is the South and we feel differently about the immigration issue. I'm in Texas and investment into business' here will sky rocket with the new Free Trade Agreements. Cheap Labor and plenty of land has also allowed our housing sector to flourish.
I'm interested in seeing what Bush and Congress present. DeLay and Cornyn want it to have some teeth. McCain and Kennedy want to give away the farm. I think it will fall somewhere in between.
Well this is the South and we feel differently about the immigration issue. I'm in Texas
Who is "we?" Many of my friends here, including legal hispanic immigrants, are opposed to illegal immigration. We're getting the bottom of the barrel from Mexico. How would Mexico react if we emptied our prisons by deporting everyone south of the border?
I have hispanic friends in Laredo whose families have lived here since before Texas became a republic. The illegals are taking over the town, including the violent drug cartels.
McCain and Kennedy aren't giving the farm by allowing amnesty. Right now the average Mexican makes $12,000 a year and only sends $2,000 of that back to Mexico. Considering the money we save on labor and gain on investments, we should try to co-operate with Mexicans that want to conform to our economy. We have to maintain efficiency while in the transition stage to the New World Order. Foreign investments into American big business will make or break our economy.
Ok, well I'm a nationalist that is pro-big business. The fact is illegal immigration isn't what should lead to the review of all borders whether city, county, state, or country. NAFTA and CAFTA marked the beginning of America's transition into the New World Order and it will turn us into a hub for investment and trade. We will have to police the state.
95% of Americans don't realize the illegals get tax numbers from the IRS..100% of illegals know this. Just go the the IRS office and see the signs etc.
Our politians have been saying one thing and doing another for years.
The Republicans are toast if they don't turn around by election time..welcome Madam President...
HA HA HA HA........!!!
I don't consider immigrants with citizenship to be true Americans until they show me. Most are here only to make money and could care less about American laws, American freedoms and American history.
Illegal aliens often default on their property taxes, leaving a nice investment for US citizens. This is just one good way to screw these criminals.
Of course I know you have figures on what the terrorists earn and what they send back to Saudi Arabia or some other muslims country of choice and that they just want to come here and blow us up so why shouldn't we let them? MS-13 springs to mind as a terrorists organization closer to home that comes across the border regularly.
The MAJORITY of Americans want the ILLEGALS stopped, legal si, ILLEGAL no. I can prove this by the way the Dems are moving on the issue, the Dems may not be sincere but they recognize the fact the majority wants our laws inforced.
And by the Congressional Black Caucus that likes dependent constituents.
And by the Congressional Black Caucus that likes dependent constituents.
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