Ref: US055
Selling Price: 28 900 USD
Price: £ 18 874 / 27 908 AUD
Area: Detroit
| |
Property size: 902 sq.ft.
Bedrooms: 2
Garage: Yes
Send enquiry  Description property in usaProperty sold!
View our home page to see other renovated and tenanted deals for bargain prices! We're the leading sellers of foreclosed US property. We won't be beaten on quality or price!
DON'T make the mistake thinking there is a catch, such as 'these properties are too cheap'. We go to great trouble to find and renovate great houses on decent streets for our investors. Join them and make the most of this golden opportunity!
A chance, right now, to buy good American investment property for a FRACTION of true cost
Property prices have fallen in America, big time, giving a once in a lifetime buying opportunity. A chance to buy houses for a FRACTION of their true worth. We’re not talking a 10 to 20% drop here, but 100% + falls in certain locations. Like this house in Warren, MI. Selling for:
$28, 900 USD - Price includes refurb and tenants!
Yes, just 28,900 USD! For a decent rentable home in good neighbourhood. We like Warren as it’s a house proud town.
Don’t think that the property market in the US is dead. Far from it. May be top end homes are hard to sell, but bargain foreclosed homes like this are increasingly sought after and prices are rising, ever faster. Our analysis of the market in Detroit and Warren is that it bottomed in March this year and is now on the ascent.
This part of America is offering some of the best returns because although prices tanked, the rental market is very strong. We have queue of renters for our clients’ houses and returns of 20% are the norm.
Such as this great house in Warren, Michigan. Rent will be around $600 per month. At present, we are focusing on Detroit and Warren areas as that area has been the most oversold in our opinion. Other investors in the US and abroad are following us, as they wake up to the opportunity. Warren has bottomed and is rising, at an increasing rate. Lots of government aid to homebuyers, renters and local industry is pumping the market. The glut of foreclosed homes is clearing.
This house has been carefully selected to be perfect for rental. It’s a decent street, attractive to prospective renters. A good property with 2 bedrooms.
The property measures 902sq.ft and comprises of a living room, dining room, kitchen with breakfast nook, bathroom and two bedrooms. The property benefits from hardwood floors in various rooms and a fireplace in the living room. To the rear is a single garage.
Property taxes are low on this house…only approximately $780 per annum! Now, that’s really low by Michigan standards. Rent is expected to be approximately 600 USD per month. We have a reliable rental manager that will be able to manage tenants too.
Let’s be clear about this investment. You don’t have to live in America to own and rent it. You don’t have to be an American citizen. Anybody can buy.
You don’t even have to visit America to do the legal stuff – the property is just Deeded to you.
Total legal cost of conveyance is only $500 - no hidden charges or extra costs.
And be assured that all properties sold by our company have gone through full title checks by specialist Title Company. The property is sold Freehold as an ideal investment. We have ironed out all the little hassles that inevitably crop up on newly bought properties (cutting lawn, asking neighbours to let us know if there’s a problem, dealing with utilities kind of thing). Just arrange to receive the rent.
And you shouldn’t have a problem owning and renting your American investment property without visiting. We have a proven rental service that seamlessly takes over from our builders, who select the right tenant for your property.
Act now to secure this total bargain. Just to remind you, the selling price is only 28,900 USD. What a deal! It'll need a quick refurb to attract renters, but that shouldn't take more than 2 or 3 weeks.
The property is a single detached housed with two bedrooms and 902 sq.ft. It’s in a nice area, with good neighbours and excellent security. It’s one the safest places to own property as theft rates are low and the police very active. We’ve encountered no problems there and judge this area as spot on for foreign investors.
If you want a ready made property investment with all hassles taken care off, this is for you. But don’t delay, as foreclosure prices are rising. The huge US government stimulus package and support for the housing market is bound to result in inflation. Hard assets, with solid income like this will be the place to be.
Sounds great. How do I go about buying this property?
Easy. Just pay $2000 USD by credit card or bank transfer to HSBC Bank, then balance within about 2-3 weeks.
Remember: you don’t have to visit US. All can be done via DHL to your home. We have sold many such properties without problem and are very experienced in the process.
Just email or telephone our sales manager, Dan Pennington
dan@property4peanuts.com Tel: 00 44 (0)780 9647987
There is a financial analysis of this property, showing return being offered in more detail. Just email us for it to be sent by return.
Savy investors are acting now on this once in a lifetime offer of “subsidised” freehold property. Don’t delay to join them as prices are going up. Download the Income and Expenses for this Property Property in usa, More pictures
Opposite | 
Back | 
Back yard | 
Bathroom | 
Bathroom again | 
Bedroom 1 again | 
Bedroom 2 | 
Breakfast nook | 
Dining room | 
Kitchen pic 1 | 
Kitchen pic 2 | 
Kitchen pic 3 | 
Left side | 
Living room | 
Street |
Send enquiry | 
01/30/2011