US foreclosure investment opportunities

Foreclosue and Investment Properties for Sale in the Michigan and Georgia area, these regions are attractive as they were hit very hard in the recent USA property recession, but have the infrastructure to rebound back to somewhere close to where the market was a couple of years ago. The company selling these properties have targeted property which was previously sold at 150-180K USD now selling for around 40-50K USD.

These properties are supplied direct by an investment company which purchased them, cleared all debts, refurbished the property and in many cases have secured tenancy agreements. These ivestent properties are "ready to go", there are no middle men to pay you purchase direct.

The benefits of this source of USA foreclosure property is that it can be very time consuming looking at houses as many, as you are probably aware, these can be in a really poor condition or they are in very unattractive to own houses. Every house this company has pre purchased has been by professional surveyorswho have an excellent knowledge of the areas, housing market/prices and rental return which means they only source good properties in good areas. This company has been in operation for over 8 years as a foreign property development company and has many repeat clients. They have sourced and sold around 60 properties in 12 months and normally have around 5-8 properties available at one time.

Prices start from around £25,000 and returns are around 25% (gross) 12-16% (NET). These are “turn-key” investments that require little input from the investor, as full assistance is offered throughout the buying, and these properties come fully renovated and tenanted. Again, returns are between 23-25% Gross (around 12-16% NET) which is impressive in any market.

Latest

Atlanta, Georgia - $59,000

Detroit, Michigan - $44,900

Atlanta, Georgia - $63,900

Typical USA foreclosure properties for sale

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