International Property Investment » Property investment in Florida

$104 Million Available to Help Sell South Florida Foreclosures

pgrundy — Mon, 13 Apr 2009 21:00:02 +0000

Today’s economic headlines make $104 million sound like chump change, but if you are one of thousands of people living in South Florida who would like to buy a foreclosed property but can’t quite get over the down payment hump, federal assistance is available if you qualify and move fast.

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Vacation Homeowners Turn to Fractional Sales Tactic

pgrundy — Sat, 04 Apr 2009 13:37:35 +0000

With credit markets still tight in the United States, owners of vacation homes and second homes are turning to fractional sales as a way to cash out some of the equity in their homes without applying for a (now hard to get) home equity loan, and without necessarily even giving up the house.

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Mortgage Rates Fall But Few Buyers Benefit

pgrundy — Fri, 20 Mar 2009 13:41:21 +0000

Thinking of investing in real estate in the U.S.? Mortgage rates have never been better!

But there’s a catch.

Getting a mortgage is still really, really tough. According to a recent Wall Street Journal blog, major lenders report that many potential buyers are having trouble raising the 3.5% downpayment that is required now to even start the lending process. Most mortgage lenders have tightened their standards, and Fannie Mae has also tightened standards for what kind of mortgages they are willing to buy and under what conditions they will buy them, making lenders even more skittish.

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Want a free home? Does new carpet sound appealing? You can win both at the Orlando Foreclosures Expo

Mark Knowles — Wed, 21 Jan 2009 20:20:12 +0000

Now this is a good idea – Giving away a free house to entice people to the inaugural foreclosure expo in Orlando. It feels like a market stall in London. Just one word of caution – “Below-market rates.” This is very, very hard to determine right now. There is no market in Orlando. There may not be a market in Orlando for some time. “Market rate” is whatever some one is prepared to pay. Buyer beware. Do your home work. But I suspect if you are prepared to wait, or need property to live in, there should be some bargains to be had. This is their press release. Happy hunting !

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Fed Rate Cut – Too little too late?

Mark Knowles — Wed, 31 Oct 2007 20:36:45 +0000

The fed rate cut of one quarter of one percent this afternoon is the big news of the moment, but ¼ % hardly seems worth the effort. The Federal Reserve Board lowered the cost of borrowing Wednesday with a quarter-point drop in rates in hopes of energizing an economy troubled by a sagging housing market and soaring oil prices.

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Ways to Profit From The American Real Estate Market Slump

Guest — Sun, 21 Oct 2007 13:31:42 +0000

This fascinating thrill ride is filled with all the twists and turns of exciting information, so be sure to hold on for this bumpy ride!

America’s slumping real estate market has been making headlines for some time now. As regions that once saw incredible booms now face tangy home estimate corrections, many British and international investors effective in currencies other than the US money find themselves wondering if investing in real estate in the land of the stars and the stripes is evaluate the gamble.

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