Forum Replies Created
Speedy,
Agreed. That is why i used HouseBuyersUSA. they are US based as well as Aust.
They have guys on the ground in their market areas full time. They have attorney, accountants,
property managers ect. They are approachable and so far i have found with guys to be very good
with communication (yes after closing) and always true to their word.That is my experience……. and yes i did buy my property with them.
pete ….couldnt disagree more. Lazyness hs nothing to do with it. Using the right services ensures the deal is done correctly and legally as well as that they normally offer legal advise, tax advise property management ect.
Your claim of "Save $10,000 ….get over there " …. is that after your airfares, accomodation, food, transport, travel insurance and not to mention wasted time trying to work out where everything is and how to get there.
Doing it "on your own" is fine if you have the time and funds to use.
I am not a broker nor an agent so i speak without bias. Using a buying service and doing your own DD can be cheaper and faster than doing ALL THE LEGWORK yourself. Personelly i think it is way too time consuming for the small saving you might make.
Each to their own ….as long as you are happy with the results thats what matters
Yes,
Andrew Allen didnt renew a contract with MyUSAproperty. My membership fee to MyUsa was promptly refunded by andrew
when requested.
Personelly i hve no drama with Andrew at all.
MyUsa didnt get the job done for meCongrats on your purchase… a long and winding road huh !
Where did you buy ? Did you do it yourself or with buyers agent assistance ?
Look forward to hearing how it all goes
All the best and well done !!
I dont think there is an easy fix to the situation over there.
Empty houses are open to vandalism and people becoming "squatters" and occupying
these houses illegally and are often hard to move.
If the govt offers cheap rent to get people in there will kill the private rental market and be
flooded with more vacant houses and lanlord letting them rot as they cant sell tham and no one
would rent them.
A real catch 22 all created by laws allowing people to up and leave there homes when the going
gets tough. Different laws here thankfullysteve,
your right. My Watchovia account is now transfer to Wells Fargo. No other changes i have been made aware of. But I will be closing it and just using Citizens Bank and trust account from now on.Thanks Steve,
I look forward to see the interview if you manage to get it organised. That would be great help
Rick
were would you look at buying vacant land.
I saw some in Florida (around Leigh High acres area) for $4000 a block. I know land there is plentyful but $4000, cant go back much further ?hey benny,
I believe they are Floria based. I own a property in Kansas City Mo.
Have found Citizens B & T to be good and the online banking once set up has been easy to
use.i had no dramas at all getting Citizens bank and trust. Set up via House buyers USA. Filled out 1 form and they took care of the rest.
I even have a guy on the ground who i have authorised to take car of any bank drams if need be. Cant complain about that service !Wachovia is now Wells Fargo ……. my account when it was Wachovia were charging $20 p/m in fees …..
I have an account with Citizens Bank and Trust …..customer service via email was a little slow to start but now i have online set up. I have a Visa debit card to access money from any ATM in Australia it all seems to be going well.
MakingTheJump wrote:Hi Rosa,My loan is in Australia which I pay from my money here and I am keeping the rent money in the US with a view to bringing it back over when the AU dollar drops. Although it might be short term pain, if you can service the loan in Aus and keep the US money over there, it could pay off in spades if and when our dollar drops.
Make the jump : what about US taxes. You wouldnt be able to claim any of the the loan against your income would you ?
I may be wrong as I have yet to to takle a US tax return …….sorry i havent heard of these companies either. Talk to them. Find out the names of the people
who run the company …..and google them. Get some background on the people as well as the company.It is too easy for dodgey people to hide behind a new company name. Get addresses of properties they have sold and are offering to sell and reseach them as well. Even if you dont want to buy that property it gives you an insight into the areas they
work in and the types of properties they offer. Without doing your own DD you cant blame anyone if it turns to poopdoesnt Lehigh arces have septic tanks ? Added expense.
Vacant land everywhere hense no real capital growth prospect for a long time. I looked at Lehigh Acres and didnt add up for me.
Everyone has different needs thought
I see what you are saying and how you put it in previous post is much better. I for one would be happy for the aussie dollar to retreat back to about 80cents. Make my investment look better on paper.
I think the aussie property market is quit diverse as well there will be area that will always do well. There is currently a softening in the market but if rates come back i believe it will firm up without any price increase in general ……… end of the day it is all guess work and investments should be made on fact and research.people have been saying the aussie market will crash for the past 5 or 6 years. Why do you say it will collapse.
That is totally irresponsable to say things like that with no evidence to support your claim.
Affordability has been an issue for decades. With the latest predictions of interest rate cuts over over 1% by end of 2012
that is only likely to see more activity in the australian market.
You refer to the 80's…..home loans at 19% and term deposit interest in the mid teens . That is unsustainable. This time interest rates have been kept in check(and appear to have peaked), Australia's economy is in better shape than nearly all developed countries …so nothing like the 80's.Agree with some of what you some and think some is scare mungering rubbish.
4 Sighted ……. i agree with your comments. I believe a % of Australians are asset rich and cashflow poor.
They have the family home and maybe another 1 or 2 properties with a fair bit of equity.
Seeing the cashflow in the US is inviting ….. to own a property that pays you to own it ….. how is that not inviting.
Some do jump in without thinking it through . i believe if your plans are cashflow and to hold for medium to long term
providing you buy a sound property in a sound community it should in theory be a good investment.
If you want to sell as soon as the aussie dollar moves up a cent or two then leave your cash in the bankIf you dont have a go you never know …… you cant turn back time !
I found the site worked but was very very slow so i didnt bother going into it .
The site needs to be fast and working well otherwise people will do the same as me and not bother with itHi Leonard,
I didnt end up buying with my usa in the end . After months of frustration regarding finance I decided to buy 1 property for cash.
I bought in Kansas City MO. I did the research on the area including talking to locals on a KC Forum.
The area i bought in is a middle of the run area. Close to major shopping facilites and easy access to highways and interstates while being in a street to will not see much through trafic.
My purchase was via HouseBuyersUSA. I found there service to be first rate. They were prompt in replying to emails and I have a guy on the ground in KC who can attend to any needs regarding paperwork ect.
So i am a happy customer. I know they make a good profit ….and i did negotiate the price down.All the best with your business
Leonard ….. you get respect by helping answer peoples concerns on forums not obvious self promoting.
Get people trust with good advice without having to call you ……. stop spruking it is annoying !
