Ref: US023
Selling Price: 19 900 USD
Price: £ 12 996 / 19 217 AUD
Area: Cleveland
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Property size: 1788 sq.ft.
Plot size: 4300 ft.
Bedrooms: 4
Garage: Yes
Send enquiry  Description property in usaA chance, right now, to buy American property for a FRACTION of true cost
Property prices haven’t just declined in certain places in America, they’ve collapsed. And right now they are at rock bottom. In fact, like all boom and busts, they’ve overshot and are at frankly silly levels. So low, that we just can’t get our head around how cheap the price is.
Simply speaking, it’s now the best value property in the World. And all the more amazing when you consider this isn’t in some third world country, but America. Still the world’s number one economy. The land of Hollywood, Cadillacs and eat-all-you-can-diners! Don’t think this situation will last long. It won’t.
Local investors are buying up such property, but a few can still be found. Like this house.
Values on properties like this were in the hundreds of thousands as recently as early 2007. Now on sale here at $19,900! Crazy, we know, but that’s the opportunity brought direct to you now.
Get your gift from Uncle Sam
How can houses be sold for so little? The answer is public money. The banks can afford to write off
mortgages of $70,000 and more which were typically held on these houses because billions of government money is being poured in to their businesses. In short, the American government is subsidising your investment!
Where else is it better to invest some cash? Certainly not the stock market, unless you like sleepless nights. And not UK property either. Although it’s dropped in price, no way has it gone down like these American properties. The surplus air hasn’t just been squeezed out of the property market there, it’s been stamped out completely. Preparing the market for rebound. Now that prices are as flat as a pancake, the only way is up.
A genuine opportunity
No catch, just freehold detached property, with clean unencumbered title going for peanuts. However, don’t think such property can be picked up anywhere, by just clicking away on the internet, for example. We have done a lot of work on the ground in USA searching for this bargain. Avoiding cheap properties that come with attached liens and debts, or in worst neighbourhoods.
The property
Accommodation is measured at 1246sq.ft and comprises of the following:
- Living room: 18x15
- Dining room: 12x12
- Master bedroom: 13x12
- Second bedroom: 12x12
- Third bedroom: 12x12
- Bathroom
- Basement
- Double garage
Other features the property benefits from include:
- Cable TV
- Security alarm
As mentioned, this property is currently occupied by long term tenants who have rented the property for the past 5 years. Monthly rent is $450 and property is managed by a rental management company. Send enquiry |
01/30/2011