Cheap property for sale in usa, usa foreclosures for sale

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Ref: US081
Selling Price: 45 090USD
Price: 27 663£
Area: Detroit

Property size: 1440 sq.ft.
Bedrooms: 3
Garage: Yes

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Description property in usa

For Sale refurbished and with Tenants for only $45, 090

It may be hard to believe, but certain American properties are available for prices that are way below the cost of building the property. Even below the previous mortgage held on the property. Yet these houses have tenants waiting to rent them at $700 to $1000 a month!

Simply speaking, it’s now the best value property in the World.

Even though it’s a great market for bargains in USA at present, selecting the right property is still very important. That’s where our work and expertise pays off. We know exactly which properties offer best value. Like this steal of a property in the popular Bagley district.

Chosen to give you a highly profitable Exit Strategy

This is an area that we like to target as it offers attractive brick homes on good quality streets. Plus good local schools are nearby (and the University District) making it a popular choice for renters. And don’t forget, this property has been personally inspected by one of our representatives before being chosen.

We make an extra effort to get quality houses. Ones that will sell well in the future. A good rent is fine, but most of our clients are looking for a big payday in the not too distant future and that’s what we focus on.

Please do not confuse our properties with other stuff you might find on the internet at what appears a similar price. We always win hands down on quality bricks for your buck!

Plus, we refurbish and line up tenant. Yes, that’s included in the price! All these houses need work to bring them up to Code, which is a City requirement in Detroit before renting. Including building works is a huge benefit too as getting work done well and at a reasonable price is a challenge anywhere.

All hassle is taken away from you. Just pay deposit of $2,800, (which is $2000 plus $800 for legals) and around 8 weeks later (or subject to refurbishment time) it’s your property.

Rent payable around $800 a month

From day one, the investor receives income from their property. No long drawn out process of trying to work out the right property to buy, finding reliable builders, finding efficient rental managers – all this is swept away and you earn from day one!

This particular house is just perfect for the rental market. Apart from being in a nice area, it looks pretty and isn’t too big. Some tenants are nervous about heating bills – aren’t we all these days! And it’s near schools and all facilities.

The Property

An attractive, brick built detached family residence:

- Bed 1

- Bed 2

- Bed 3

- Living room

- Dining room

- Back office/den

- Kitchen

- Family bathroom

- Half bath & WC

- Full size basement with WC and fireplace

- Attic

The opportunity

This is a clear opportunity to buy at far under market value. Please bear in mind that the same properties in same street can be on sale for 60% more than what you are paying here.

This direct from the Bank property has had a large mortgage written off on it, at a loss to the American taxpayer, providing you with this unique profit opportunity.

As you are buying under market value and supply of such foreclosures is dwindling, the potential for BIG capital gain is obvious. And in the meantime, you will earn good rental return.

Once you have rented the property out for a while, why not mortgage it? Credit is available in America, as long as you have good security in your property. Deals such as 5% fixed for 30 years are available! (Subject to status). Frankly, this is a no brainer for borrowers.

This attractive house is ideal for financing as only these better quality type of property interest banks and you are buying well below market rate. It’s entirely possible that you will recoup your money. Even take cash out! So owning a good property at no cost to yourself!

Prices are rising now

Don’t think this situation will last long. It won’t. Prices are springing up from the absurdly low levels. Local investors are buying up such property and there are bidding wars on many such bargains. Prices are now, in our estimation, sharply on the up.

To secure this property, contact your agent

To purchase refurnished and let

Step 1: $2000 deposit + Notary fee of $800

Step 2: Payment $35, 090 2 weeks later

Step 3: Final Payment: $8000 after another 4 weeks (about 6 weeks from paying deposit)/ on completion of works

No extra charges. Clear Freehold purchase.

Property pictures Below

Please note that these pictures were taken before refurbishment, so what you will be buying will be a lot smarter.

This is a great investment property and we look forward to hearing from you!

Disclaimer: The above & attached particulars do not form do not form part of a contract, and should any error inadvertently occur or any property/land be found to be Let, Sold, Withdrawn, or damaged, the Foreign Property Shop and its partner agent will not be responsible for expenses or loss of time thereby incurred.