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Overseas Property News
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20% of US mortgages in negative territory
Country: United States
13 March 2009 One in five of all mortgages in the USA, representing around 8.3m home loans, were in negative equity at the end of 2008, according to a report compiled by Loan Performance, a firm that monitors mortgage data. Just over 2.2m, or 5.3%, of all mortgaged homes in USA are considered to be in acute negative equity with loan-to-values of at least 125% of the property price. Owners of property in California have the highest negative equity (1.9m), followed by Florida (1.3m), Texas (498,000), Nevada (170,000), Michigan (128,000) and Arizona (122,000). A separate study conducted by Zillow Real Estate suggests that that the number of homeowners in negative equity at the end of 2008 could be as high as 11.7m, due to plummeting US property values.
See Also: USA
Some properties in United States
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Price: £11,250
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Type: House
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Bedrooms: 8
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MORTGAGE OFFERED on this fully let high yield Income producing investment property consisting of 2 FULLY LET 4 BEDROOM DUPLEXES WITH SEPARATE STREET ENTRANCES,full purchase+Management service provided buy this property safely from any part of the
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Price: £12,500
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Type: House
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Bedrooms: 3
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$20,000 buys this High yield Income investment producing 28% annual return after fixed costs consisting of THREE RENTAL APARTMENTS, unbelievably low price full purchase+Management Service provided buy this property safely from any part of the world
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Price: £12,500
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Type: House
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Bedrooms: 4
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23% Net return after fixed running costs from this fully let investment consisting of two apartments in area of high rental demand a full purchase & management service provided, buy this property & have it managed from any part of the world Inquire
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Price: £12,500
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Type: House
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Bedrooms: 5
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$20,000 buys this High yield Income investment producing 35% annual return after fixed costs consisting of THREE RENTAL APARTMENTS at unbelievably low price full purchase+Management Service provided buy this property safely from any part of the
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Price: £13,564
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Type: House
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Bedrooms: 2
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GUARANTEED INCOME,22% net return instantly. Paid by the US Government via the section 8 program on this registered investment property.
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Price: £15,440
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Type: House
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Bedrooms: 2
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This Property has long term tenants paying $500 per month.
It is Located in Rochester the Third Largest City in NY.
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Price: £15,502
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Type: House
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Bedrooms: 3
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11218 Kenmoor Street, Detroit, MI 48205 comprises a 3 bedroom bungalow built in 1941 and recently refurbished to a high standard which has tenants moving in to generate a great genuine net yield of 22.24%.
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Price: £15,502
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Type: House
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Bedrooms: 3
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3 bedroom bungalow built in 1941 and recently refurbished to a high standard. It has just been refurbished to a high standard and has tenants moving in to generate a great genuine net yield of 22.24%.
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Price: £16,122
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Type: House
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Bedrooms: 3
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We are pleased to offer a selection of tenanted buy to let homes in Buffalo and Rochester, New York from just $25,000 with genuine net yields of 16% to 23%. Cash buyers should take advantage now.
Thjis property is just one example.
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Price: £16,250
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Type: House
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Bedrooms: 4
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High yield Income producing investment property producing 29% annual return after fixed running costs when fully let, consisting of 2x2 bed apartments situated in a good rental location of high demand, Full Purchase & Management Service, easy to
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