Ref: US091
Selling Price: 59 900 USD
Price: £ 39 119 / 57 844 AUD
Area: Atlanta
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Property size: 1643 sq.ft.
Plot size: 8000 ft.
Bedrooms: 3
Send enquiry  Description property in usaFor Sale refurbished
Refurbished and ready for rental
Atlanta ideal location for rental (and re-sale)
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 up 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 Westwood Ave, district of Atlanta, Georgia. Valued by Zillow at $118,000. Previously sold last year for $170,000!
Chosen to give you a highly profitable Exit Strategy
We really like this area. It’s right next to all facilities, shops, schools and is a good quality neighbourhood. Nothing cheap here. Just the sort of place sought after by tenants. And, very importantly, your future buyers will be happy to pay up for - giving you an excellent exit strategy.
The property is an ideal size and in good condition even before our makeover. It has 3 bedrooms, 1.5 baths and offers an open kitchen, tile floors, fireplace and bright colours, with a total of 1643 sqft living area and .2 acres of land. There's lots of unexpected space in this home
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 $3,200, (which is $2000 plus $1,200 for legals) and around 4 weeks later it’s your property.
As this property is ideally located to attract renters, you can expect a high rent.
Rent payable around $900 to $1000 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!
The Property
A spacious 3 bedroom family residence, built in 1940 and in good condition.
· 3 beds
· 1.5 bath
· 1,643 sqft
· Lot 1 sqft
· Built in 1940
Property is sold refurbished.
The opportunity
This a clear opportunity to buy at well below even today’s still depressed market value. Please bear in mind that the similar properties in same street can be on sale for a lot 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.
Clear Exit option: Rent, hold & Sell
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).
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!
We don't expect you to take our word for it about how cheap this property is. Most of our clients buy at distance and we understand they require accurate information. So have a look at the valuation profile for this property above.
The property benefits from high ceilings and has an elegant, comfortable ambiance.
Atlanta – a City to grow your property profits
The fastest growing metropolitan centre in America has got to be the place to buy your investment property in. Over 76,000 people were added each year to its population over the 10 years to 2008, bringing the population of the greater Atlanta area to nearly 6 million. Although the recession has made it difficult for as many people to sell up and move they’re still coming.
No wonder. There are jobs as the city hosts 75% of the Fortune 1000 companies in the USA, with names like Coca Cola, CNN, Delta Airlines and a heavy duty financial sector. This underlines the place’s status as “Capital of the South”. It even has the fastest growing number of millionaires in USA!
The popularity explains why prices in Atlanta didn’t take the property price hammering of other less sought after places. And why prices are on the rebound now the USA property market is picking itself off the floor.
The weather of Florida without the cost and crowding
Georgia is just next to Florida and shares much of that’s states warm weather, although not so sticky hot in summer. Perfect climate and a great place for a vacation.
This is a great property, selling way below even present depressed value . Prices are rising on such property, so from day 1 you are making rental income + an instant capital gain on current market value and ongoing capital gains –which have every likelihood of being very substantial.
Where else in today’s market can you find such solid, yet high earning investment? It’s very safe as all the excess air and more has been squeezed out of the property’s value. Big mortgages have been written off on houses like this. The Bank’s loss, but your gain.
Now the value is heading towards something more realistic and you can earn about $1000 a month whilst waiting for the moment to cash in!
Prices are rising now
Don’t think this situation will last long. It won’t. Prices are springing up from the absurdly low levels. We have noticed a sharp decline in supply of cheap property from the Banks and there are bidding wars on many such bargains. Local and foreign investors are buying up such property Prices are now, in our estimation, sharply on the up.
Please note: it’s not really the wider housing market that is pushing the prices of these houses sharply up, but the dwindling in supply from Banks. With Government support to banks ending soon, Banks will have to charge a lot more to reclaim more of the written off mortgages. Get these houses whilst you can!
To secure this property, contact: Dan at property4peanuts.com
To purchase refurnished and let
Step 1: $2000 deposit + Notary fee of $1200
Step 2: Payment $44,000 2 weeks later
Step 3: Final Payment: $13,900 after another 2 weeks (about 4 weeks in total from paying deposit)
Purchase price $59,900. No extra charges. (The conveyance charge of $1200 is paid at beginning with deposit.) Clear Freehold purchase.
This is a great investment property and we look forward to hearing from you!
To secure this property, Dan at Dan@property4peanuts.com (Part of The Foreign Property Shop.Com Ltd) Tel: +44 (0)780 96479 Property in usa, More pictures
Living room | 
Kitchen | 
Entrance | 
Dining room | 
Bath 1 | 
Bedroom 1 |
Send enquiry | 
01/30/2011