Opportunity to take advantage of California Foreclosures - $200.000
Ultimi update: 07/04/08
Prices have fallen across California and interest rates are down.There is serious profit potential in the purchase of Foreclosed California homes, apartments, land ... This is especially true if you are holding currency that has appreciated against the weak dollar. I am making offers on homes and units right now because I think a 25% profit in a few years is easily obtainable. I am doing this with hard earned DOLLARS ( which are currently weak worldwide) The way I see it is, holders of other currencies ( especially the Euro/pound and other Asian currencies) can buy real estate at bargain prices now with your STRONG currency and have a 25%-40% advantage over me BEFORE you ever start! You buy and Rent out the homes or units/Commercial property for 4-7 years. Then you can really cash in when the market comes back in a few years. The War in Iraq will be over, The U.S banks will have raised rates and the dollar will be stronger.Think about this scenario. Your buying property at 20-50% off the peak market prices with the strong Euro and other currencies that have inflated values against the dollar. THEN you sell when the real estate market comes back and make 25% or more and don't forget your SELLING in DOLLARS that may very well have gained against the Euro and other currencies by then.Those of you who hold Euro's or other currencies that have benefited from a weak dollar, are really in a position to profit on both ends. Even if the dollar does not appreciate your still buying for way less than us Americans are paying because your currencies have gained so much in the last 6 years. You can reach me at [Email nascosti] - I have 17 years in the buisiness.
- Prezzo: $200.000
- Indirizzo: All, Los Angeles County, California
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