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Top 5 Yielding Houses

We don't pump up income return on our properties by not deducting costs. We show yield after ALL expenses, such as rental management fee and even house insurance. This gives a real indication
of what you will earn.

1. Property for sale in USA
Ref:US814 $69,950 39.04%

2. Property for sale in USA
Ref:US815 $59,950 38.63%

3. Property for sale in USA
Ref:US772 $17,500 30.87%

4. Property for sale in USA
Ref:US788 $52,000 20.17%

5. Property for sale in USA
Ref:US821 $39,500 19.09%

Latest news

 13/03/2014

US foreclosures fall 27%.

 07/03/2014

Icy conditions in the northern states a boon to Florida

 06/03/2014

The future for rental return in American housing

 06/03/2014

Finding best returns in U.S.

 05/03/2014

Prices trends in key US property markets

 05/03/2014

The future for interest rates in the UK

 05/03/2014

England's rudest place names.

 4/3/14

More people looking to rent than buy in Akron, Ohio

 4/3/14

Rising house prices in Atlanta means fewer homeowners are underwater on mortgages

 24/2/14

High wages in North Dakota doesn't prevent housing shortage

 20/02/2014

The importance of Generation Y to the U.S. property investor

 20/02/2014

Availability of credit in American real estate rising

 19.2.14

UK Stock Exchange jumps 44% in the Big British Recovery

 19.2.14

Want to rent in Williston? Then expect to pay New York prices

 14/02/2014

American housing market review for 2014

Ref: Price min($): Price max($):
Location: Show only Available Property:

News

02/03/2010

USA mortgage offer non residents

 

Up until now, the one sticking point for non resident investors in USA property has been lack of finance. The property P4P offers is fantastic value – way, way under normal market value. But, even though the amount isn’t great, nevertheless, it ties up capital.

 

Up until now, the one sticking point for non resident investors in USA property has been lack of finance. The property P4P offers is fantastic value – way, way under normal market value. But, even though the amount isn’t great, nevertheless, it ties up capital.

Now we have uncovered a new mortgage deal that should enable you to pull cash out of your American repossession property. Without need for depositing $100,000.

This is great news for investors. Now you can have your cake and eat it! A low purchase price allied to a great mortgage deal – what could be better?

Especially at 6% fixed. If you agree with the many pundits forecasting rising inflation in America due to over spend by the government, then this is a no brainer offer. It could well end up paying back most of your mortgage!

In short, taking advantage of this deal, on top of buying one of P4P foreclosed and refurbished Detroit property and Atlanta properties means you are extracting maximum benefit from the extraordinary situation available in America today. Taking yet more money from the US government: their subsidy to banks to write off big mortgages on these houses, and their provision of liquidity to money markets to enable cheap mortgages.

Below are details on the offer. It follows pretty much the standard residential mortgage rules and offers up to 70% LTV. It has some looser aspects, such as high upper age allowed and no credit report required.

Product Details

Product Name USA Mortgage

Country USA  

Interest rate 6 % fixed rate

Currency Dollar

Maximum LTV (based on lower of the valuation or purchase price) 70 %

Minimum loan amount 25000

Maximum loan amount 417000 (Different product available for higher valued loans

Minimum age 18

Maximum age 80

Maximum applicants 4

Client Debt must not exceed 45 %

Repayment method Repayment

Limited company purchase no but can be transferred into an LLC after closing

Life insurance Required

Arrangement fee 3% of the loan amount (Minimum $3500)

Valuation fee $425

Legal fees 3.5%

Early repayment fee No Early redemption penalties

6 Months of payment reserves

1 unit single family residential property eligible

Condos eligible only if Bank approved or 70% sold and closed and conform to other Bank guidelines

 

Paperwork required

 

Copy of a purchase agreement

Copy of passport with a valid US visa if required

4 personal Credit References (Credit card, Mortgage, Car lease, Landlord Letter, Utility bill)

Credit report not required

If self employed accountant (CPA) letter or employer letter

Last 3 months payslips and latest P60.

Last 2 months bank statements showing enough funds for minimum of 30% down payment plus closing cost

Checking account required with the lending bank (need direct debit set up for a mortgage payment) Account is FDIC insured

 

Property needs to be in good condition, but all properties on P4P website are sold as refurbished, so no problem with that requirement.

Contact us now to take advantage of this. No need to go to USA to buy property or arrange mortgage – we can handle all aspects of process.

 


Go to main News section

Meyer Sees 'Upward Trend' in U.S. Housing Market

Latest news

 08/04/2014

More US homebuyers seeking property in cheaper locations

 07/03/2014

Employment in America returns to pre-recession levels

 4/4/14

Memphis and US property prices increase for 23 consecutive months

 28/03/2014

America now producing over 10% of the world’s oil

 26/03/2014

Is Florida set for another real estate boom?

 26/03/2014

What’s the most expensive place to live in the United States?

 26.3.14

Chinese Development Company move forward with plans to renovate properties in Detroit

 26/03/2014

Montana taps into the Bakken shale boom

 14/03/2014

Big Chinese investment in Detroit property.

 13/03/2014

America poised to displace Saudi Arabia as the world's number one energy producer

 13/03/2014

US foreclosures fall 27%.

 07/03/2014

Icy conditions in the northern states a boon to Florida

 06/03/2014

The future for rental return in American housing

 06/03/2014

Finding best returns in U.S.

 05/03/2014

Prices trends in key US property markets

 05/03/2014

The future for interest rates in the UK

 05/03/2014

England's rudest place names.

 4/3/14

More people looking to rent than buy in Akron, Ohio

 4/3/14

Rising house prices in Atlanta means fewer homeowners are underwater on mortgages

 24/2/14

High wages in North Dakota doesn't prevent housing shortage

 20/02/2014

The importance of Generation Y to the U.S. property investor

 20/02/2014

Availability of credit in American real estate rising

 19.2.14

UK Stock Exchange jumps 44% in the Big British Recovery

 19.2.14

Want to rent in Williston? Then expect to pay New York prices

 14/02/2014

American housing market review for 2014

 4/2/14

The best areas for foreclosed American property

 22.1.14

Tales of wealth, prosperity and opportunity in the Bakken

 13.1.14

'13 is the lucky number for Toledo and 2014 set to see further price growth as market rebounds

 10.1.14

Foreclosure activity down by 19% in Toledo

 3.1.14

U.S. multifamily investment properties receive more interest from investment

 3.1.14

American home owners worth increases by $2.2 trillion.

 20.12.13

Canadians increase their investment in U.S. real estate

 20.12.13

New home building in the US jumps nearly 23% in one month

 13/12/2013

Growth areas of the American real estate market

 5.12.13

Business activity picks up in Memphis according to new Fed report


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