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Property for sale information

 
FORCLOSURES  
Reference nr: FB548744
Description:

EXOTIC LAND & HOMES is excited to introduce to you a truly unique opportunity to make extraordinary returns through investing in repossessed property in Florida.

Can you afford to pass on an amazing opportunity like this?

Here’s what we can offer the investor:

Property in Florida 60-70% below 2006/2007 prices
A Florida property around 33-45% below current appraised values
100% outright ownership with full title in your name
All in highly sought after areas (typically Orlando area)
Property typically under 10 years old
2/3 bed 2 bath condos in gated developments & community facilities
Prices from as low as $76,000.00 including all legal fees & costs
Gross rental yields of circa 15% per annum
Guaranteed property management in place
Numerous exit strategies – all lucrative
Exposure to huge gains when the market recovers; up to 3 times your initial investment

How Can You Benefit?



As an investor, it is paramount that you move quickly in order to capitalise on this amazing opportunity, as it will not be available for long. We may be talking as little as 6-9 months as the banks are already under considerable pressure to limit the number of foreclosures.



This opportunity may never come around again in our lifetimes; legislation is changing, and the US Government will not want to be spending billions of dollars in the future, bailing out banks all over again.



Here’s a simple example of what happens when you invest through ourselves:



Typical Example:

Ø 9 year old 2 bed, 2 bathroom condo

Ø 1 mile from International Drive and tourist resorts

Ø 5 miles from nearest golf course

Ø Gated secure community with communal clubhouse, pool, facilities

Ø Was worth $220,000 in 2006/7

Ø Now independently appraised/valued at $132,000 (40% below peak)

Ø Yours for just $76,000 all incl. (43% below appraised market value!)

Ø $56,000 equity straightaway

Ø Guaranteed to be rented out within 30 days

Ø Gross rental income circa $800 - $1000 per month

Bedrooms: Bathrooms: Price (€):
2 2 76,000
Features:
Beach
City
Furnished
Golf
Private Swimming Pool
Submission Date:
03-05-2009
Advertiser Details:


Name:
Fran Boyle

Company:
Exotic Land and Homes

Phone:
00353 1 8499364
Fax:

Mobile:
0862141553

 
 
Calculators

 
Property price: €76,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations