For many people around the world dreams have turned into nightmares. For others the nightmares can make the dreams come true. Buying a property at foreclosure or short sale in the USA is tough. In many places the complications make it nearly impossible. These are not the only properties that can be bought at a discount.
Many developers are holding land and can no longer get the financing to build the property out. Many other developers have properties that are built out and just sitting in inventory. These are opportunities for people with cash or access to financing. The dollar for some strange reason is in an advantageous position in reference to many currencies. This is a situation that cannot last. The perception is now, that no matter how bad things are in the USA at least the government is stable.
As other countries stabilize more, their currencies will rise. The people who buy now with valuable dollars, will have stronger currencies in the future to convert back to dollars. This means the profit on their investments will be multiplied.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
Thursday, July 1, 2010
Subscribe to:
Posts (Atom)
