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    Greek property query

    Have you asked him if he will just sign his interest over to you, in order to avoid a possible court action? That's the easiest way to deal with it. I suspect that you will have to go through some sort of foreclosure action, since that is basically what you are doing: taking the property...
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    Getting financing in the US from Aus.

    Phone calls are cheap. Look up the phone #'s of a couple of banks in the town you wish to purchase in and call and ask to speak to their loan officer. Each bank will have different criteria. Local banks are often the easiest to deal with. Credit Unions can offer some very good deals. You...
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    Cut Back Public Housing UK

    I'm interested in what you all think. It was on the news last night. Britain is cutting back the budget to an extreme degree (good for them I say). One of the items being severely cut is public housing. So what effect for renting in Britain? Will there be more tenants available? Will they...
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    How long do you think the global economic downturn will last?

    I hope this is the bottom of it. Unemployment is still over 10%, but real estate prices have come up a bit. Median price was about $140K, now it has gone up to $175K (US dollars). No where near the $280K at the top of the market, but any correction upward is welcome at this point in time...
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    200 to 300k investment.

    300k will get you a house almost anywhere in the USA, except for the very high priced big cities like New York. For 100K, if that is US dollars, then you want to consider the south. Get out a map and anywhere from North Carolina down, through Florida, and across the bottom of the country to...
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    How long do you think the global economic downturn will last?

    It's already gone on a lot longer than I anticipated, so my guess is already wrong. It seems to me that everything the governments do makes it worse. If they'd let it work its way out, I believe it would be over by now. Some sharp quick pain, like jerking a band-aid off really quick and getting...
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    Is Miami a good location for 2nd home investment?

    In my opinion, it is a good time to buy in Las Vegas. Have you been to see this property in person? I ask because $370 (US) per month rent would indicate that the house is a crumby little rat hole. Not to mention that $370 per month is a very odd amount for rent. There is a great deal of nice...
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    Signs of a Turnaround

    I am in a smallish town in Oregon, USA. My agent has informed me that 89 properties sold yesterday. Yes, that is in one day. At the height of the real estate boom, it was rare for over 200 properties to sell in a month. I know that there are now bidding wars over properties in Las Vegas...
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    USA - Property Investment

    I'm not familiar with the companies you name. You seriously want good advice? Pick a few towns, study what they are about on the internet, and then go there and pick out your own property. Interview the local management companies and pick your own. That way, you can see exactly what you...
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    EU citizen Investing in US

    I am American, and I just hold my American properties as a single proprietor. An LLC gives some protection from liability, but it has to be carefully maintained. To me, it's just easier to keep adequate liability insurance and keep the maintenance done on my buildings so they are not in an...
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    Argentina vs. Brazil

    PS: Don't mess with banks and exchange rates in Argentina. Transfer your money into Uruguay. They take Euros. Change the money into US dollars and purchase real estate in Argentina in dollars. They accept dollars, and perhaps euros (maybe, maybe not),for real estate. They won't take pesos and...
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    Argentina vs. Brazil

    BA is very sophisticated and there is a lot to do, shopping is great, prices are (currently) low, power is subsidised. Architecture is interesting, dollars and euros are accepted, Spanish is spoken, but many speak English. The city leans toward being European. Argentina makes brilliant wine and...
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    California largest State?

    Well, polite correction: Alaska is the largest state. Texas is the second largest state. California is the third largest state Many places in California are wonderful places to live, and San Diego, in the southwest corner, on the Pacific Ocean, has the very best weather in all of the USA...
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    Brazil and Argentina officially abolish their trade in U.S. dollars, says Lula

    Lula has a lot more faith in the economy of Argentina than I do. The last thing I'd want to do would be to accept Argentine pesos for everything I was selling. You'd have to juggle those pesos like a hot potoato because with the inflation rate in Argentina (the real one, not the government...
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    Help! Buying in the US?

    [[[......Buying REO or foreclosures is better?.....]] REO, is real estate owned (by the bank). That is a foreclosure. Same, same. The banks will sometimes sell them for less than is owed. Often the properties are in a bad state of disrepair, as the person who lost the house is angry and...
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    Any good books for Overseas Rentals?

    It's not a bad time to buy in the USA. Prices are down and some sellers are accepting low offers. The exchange rate is still good. The very best place to get information about rentals and investing in the USA are the real estate forums that are specifically for American investors: Mr...
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    I want to invest in property, where is best

    I'm not sure why an event that only lasts a few days and won't be repeated would cause a rise in real estate prices. It will be very good for those who own short term rentals--- but only for a week or so.
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    Is this a good idea?

    Just how do you put cabins on property that has been refused planning permission permits?
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    Argentina (esp. Buenos Aires) - any experience?

    By the way, I certainly don't hear any anti-British sentiment from the Argentinos I know. Maybe very briefly during the Fauklands war; not now.
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    Argentina (esp. Buenos Aires) - any experience?

    I don't know a lot about Argentina, except that it is a cheaper place to live than Uruguay. Uruguayans go across the River to shop in Buenos Aires, and the Argentinians go across the river in the other direction to keep their money in Uruguayan banks. Argentinians don't want their finances to...
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