My New Blog

December 20th, 2007 10:53 AM

Foreign real estate buyers are coming from around the world to purchase property in Florida - lured by the favorable exchange rates and the excellent market conditions for buyers.

It was a bargain last year, and it’s even much more of a bargain this year. For a European buyer, Florida is a steal!

In 2000, a Euro would only buy 85 cents per US dollar. Now, it’s US$ 1.43 for each Euro. An increase of over 65%. If one factors in the decline of Florida real estate prices during the last couple of years, it makes sense for a European investor to look at our side of the ocean.

A new 3 bedroom Condominium costing less that $250,000 is appealing to any European sun lover.  And now with easier financing available for foreign buyers that does not require U.S. credit, employment or visa's it's hard to find a reason not to take advantage of the investment opportunity available to foreign buyers in Florida.

For free information and counseling, contact Mortgage & Investment Consultant's Florida office at 813-319-6500.  If you have nothing to lose and a whole lot to gain.


Posted by Rick and Lori Sandon on December 20th, 2007 10:53 AMPost a Comment (0)

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Rick Sandon NMLS # 213058


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