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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:US772 $15,000 36.01%

2. Property for sale in USA
Ref:US851 $20,000 18.18%

3. Property for sale in USA
Ref:US867 $57,900 17.99%

4. Property for sale in USA
Ref:US878 $79,950 17.5%

5. Property for sale in USA
Ref:US874 $43,000 17%

Latest news

 29/05/2014

Prospects for the US dollar in 2014

 29/5/14

Akron tops the list for affordability according to new Trulia study

 22/05/2014

Is the Bakken oil boom going to last?

 19/5/14

Watford City tops the list for population growth in America

 12/05/2014

Cape Coral a top mid-size city to move to according to a recent poll.

 10/05/2014

The state of the American mortgage market in 2014

 30/04/2014

What's pushing up UK house prices?

 25/04/2014

Rents for American property are on the rise

 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

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

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 26/06/2014

You better get used to the Bakken Boom, as it’s only just getting started

 25/6/14

Canadian investors heading south to snap up discounted US investment property

 24/6/14

Florida sales and prices are rising, as Orlando ranks No.9 due to overseas buyers.

 24/6/14

Gambling on Florida real estate has paid off, 40% rise in home building permits

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Foreclosures have decreased 18% since last year.

 18/06/14

Cleveland Property sales have increased over 16.3%

 9/6/14

Chinese investment in Toledo real estate continues

 29/05/2014

Prospects for the US dollar in 2014

 29/5/14

Akron tops the list for affordability according to new Trulia study

 22/05/2014

Is the Bakken oil boom going to last?

 19/5/14

Watford City tops the list for population growth in America

 12/05/2014

Cape Coral a top mid-size city to move to according to a recent poll.

 10/05/2014

The state of the American mortgage market in 2014

 30/04/2014

What's pushing up UK house prices?

 25/04/2014

Rents for American property are on the rise

 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

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Big Chinese investment in Detroit property.

 13/03/2014

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

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US foreclosures fall 27%.

 07/03/2014

Icy conditions in the northern states a boon to Florida

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Prices trends in key US property markets

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The future for interest rates in the UK

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England's rudest place names.


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