COUNTRYSIDE INTERNATIONAL

Property Investor & Homebuyer show at London Excel Friday 19th September to Sunday 21st September - Stand 300. Free admission

noreply@blogger.com (Countryside International) — Thu, 18 Sep 2008 05:44:00 +0000

"Steal a US real estate deal (timing is everything)"

It’s now almost 4 years since US real estate prices peaked later to decline into a "free fall" way down to the extremely low sale prices that can be found today.

Now the US falls into the spotlight once again with the dramatic events of the past few weeks!

With the US Federal Government now in total control of the two largest US mortgage institutions "Freddie Mac and Fannie Mae" this week drama has turned into turmoil as Wall Street faced its biggest financial crisis since the "Great depression" in the 1930's

In the past few days we have seen the collapse of brokerage investment giant Lehman Bros and an $85 billion bail out of the World’s largest insurance firm AIG whose liquidity problems were threatening to reverberate around the World, affecting each and every one of us!

The Global economy has indeed changed and the universal reaction seen with the falling share prices in Asia to Europe is a testament to this!

Cash rich British investors are now facing a reducing number of options as to where to invest, for the UK has followed in the US footsteps with house price falls still a long way off those in the US!

The investment choice appears to be somewhat limited for no place now seems to be immune from risk!

Are US housing prices finally bottoming and what are the real facts?
With 50 US States to choose from where is the best place to invest and for what reason?
Which are the fastest growing areas where 50% reductions occurred, why is this and what does the future hold?
Is inventory reducing?
What is the chance of buying a foreclosure and is this worthwhile?

Timing is always a critical factor with any real estate purchase and is this an opportune time to buy or will it get any worse?

The world’s richest person is American Warren Buffet and he says the best opportunities to make money are always at a time of financial crisis. Is he right?

Is this the best time to "Steal a U.S. real estate deal!"?

Visit us on stand 300 at the "USA Investment Centre"

(Countryside International/Florida Countryside)

Find out how you can purchase a brand new luxury 3 bedroom condo in a luxury gated resort very close to Disney for approx. 96,000 UK pounds + have ALL running costs and mortgage payments paid for the next 2 years !

Do not miss this seminar if you want to take full advantage of what are currently unique U.S. market conditions that may possibly NOT last for too much longer !

The US is where it all started and it looks like this is where it may 1st end!
It is looking extremely likely that the major house price falls in the UK will continue whereas in the the U.S. it looks more than likely that they are at the bottom & therefore they will be the 1st to see a RECOVERY"!

"The major U.S. financial shake up over this past week mat well be of useful benefit!"

A "must see" information seminar this weekend, jam packed with useful facts & info to help you evaluate the correct decision! Book today !!

Seminar : "Steal a US Real Estate Deal (Timing is everything)"

Saturday 11.45 am & Sunday at 2pm both in seminar room 6
http://www.propertyinvestor.co.uk/london/seminar.asp

www.countrysideinternational.com

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The American real estate market – still ripe for the taking !

noreply@blogger.com (Countryside International) — Fri, 08 Aug 2008 17:30:00 +0000

With exchange rates greatly favouring the Euro & sterling against the U.S. dollar, US real estate opportunities for European & UK savvy buyers are seemingly boundless; however the “window of opportunity” that provides the best conditions to enable the lowest possible purchase price to be obtained may just be starting to close, although of course only time will reveal if this is the case or not !

With the dollar starting to strengthen plus new home inventory gradually reducing, (monthly house sales data shows they are steadily increasing due to low pricing) the indicators are prevalent and wise investors recognising this are currently back and buying !

There are some amazing deals still possible; buyers acting now should greatly benefit from what may lie ahead, price increases are inevitable for this is what always occurs once prices hit rock bottom and the home sales then start to increase, the question is when and how high will they go before they reach a sensible sustainable level !

Today’s buying power from those with the financial wherewithal to commit most certainly will achieve a US real estate investment that offers tremendous value, possibly at a level that “can never ever be repeated” !

From our experience a recent boost in enquiries and sales has taken place with many nationals including Canadians and US citizen investors; this is a very positive sign of what may possibly occur in the near future! Are we witnessing the early start of a US housing recovery ?

We whole-heartedly recommend any potential buyer to seriously consider positive early action; as to remain “sitting on the fence just watching” may prove to be somewhat costly.

Consider acting NOW before it its too late to capitalise on a great real estate purchase at an absolutely rock bottom price !

Call for more information about the very best deals currently available 08456 444 747 (UK) 1-877- 298- 3931 (USA)

8th August 08
Currency trading firm quotation;
“The dollar continued to strengthen yesterday on the world’s money markets and this morning traded below 1.93 against Sterling and on the 1.51’s against the Euro. Pending home sales came in above market predictions following recent impressive data from the US over the last week or so; it looks as though the world’s biggest economy is going to stave off recession and dealers are eagerly awaiting every piece of data released to see if the current trend continues.

The main reason for the dollars continued run against the Euro was a reaction to the speech given by Mr. Trichet after the ECB decision to leave rates on hold. Mr. Trichet defended the recent rise in Euro interest rates as he was still concerned about inflation although admitted it has had an impact on economic growth in the Eurozone and he didn’t expect this to improve in the near term."

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A reduced number of Orlando (Florida) homes now for sale !

noreply@blogger.com (Countryside International) — Thu, 17 Apr 2008 15:21:00 +0000

According to the Orlando Regional Realtor Association's latest monthly report just published, last month (March 08) saw a fall in the number of homes for sale in their region !

Could we be seeing the long awaited indicator telling us that we could be nearing the bottom of the recent sales decline and the 'tide is now turning' ?

Overall current inventory is of course still high, representing an 8.18% overall increase from March 2007 ; however the number of homes actually listed for sale in the Orlando region during March 2008 fell by 512 compared to the number listed for sale in February 2008.

Sales in March 2008 throughout Orlando increased by 13.56% from February 2008.

In March 2008 the report states that 2,398 homes were listed for sale in the MLS with 'pending sale contracts' and this is an increase from 1,731 pending sales in January 08 and 2,175 in February 08, a good sign !

With new home starts at a record level nationwide, inventory levels steadily declining and the pace of sales slowly increasing, we may possibly be heading towards a new home void at sometime in the future and there are some interesting demographics that are well worth noting in support of this.

The natural population growth of the USA creates an estimated 18 million new home requirement over the next 10 years and yet this target is falling way short !

According to latest statistics, (published April 08) currently an estimated 900,000 homes are being constructed per annum nationwide and the number of new homes being built is dwindling monthly !

The reduced number of new home permits issued monthly in the US is a further indicator for clearly demonstrates the new home requirement target is heading for an increased major short fall.

Only a rapid rise in new home construction can correct this and this seemingly will not occur until the new home builders sell their existing inventory.

This is now occurring for massive price reductions always do the trick ; we have new homes throughout the US from east to west coast, north to south where 40 to 50% off the original off plan price currently is available and sales are increasing due to 'bottom feeder investors' !

We believe US property prices will most certainly increase once the correction has finally taken place.

When will this be ? We do not know !

One thing is for certain though, supply and demand factors always create value and the current house sale pricing leaves no room for 'profit' something every business needs. New builders are indeed no exception are quick to raise prices when they feel confident they can !

Countryside International UK Office :
Tel : 08456 444 747

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Birmingham NEC - Friday 11th April to Sunday 13th inclusive / USA Investment Stand

noreply@blogger.com (Countryside International) — Sat, 05 Apr 2008 12:19:00 +0000

The UK's fastest growing dedicated property investment event is taking place at the NEC Birmingham from 11 - 13 April 2008.

As a result the Countryside International team have been gathering details of the 'very best brand NEW low priced inventory homes' currently available throughout the USA, for they also represent the best purchase opportunities !

Several of our US based personnel are due to be in attendance at the show to discuss full details of these excellent real estate purchase opportunities; we therefore invite you to visit the 'USA Investment stand', which shall be located directly opposite the exhibition entrance.

We are also conducting daily 'USA seminars clarifying fact from fiction' and you can book online at

www.propertyinvestor.co.uk/birmingham/seminar.asp

Call our UK local rate number 08456 444 747 if you would like more details about any of the low priced opportunities.

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The attendance at Orlando’s theme parks continues to rise !

noreply@blogger.com (Countryside International) — Sat, 05 Apr 2008 12:08:00 +0000

In the absence of any official attendance figures by Disney Universal and Busch Entertainment Corp (no attendance numbers for their parks are officially released) an independent company, Economic Research Associates and the Themed Entertainment Association concluded in a recent study report that 2007 was a very good year for Orlando theme park attendances.

According to this report, Disney enjoyed a particularly good year, Universal Orlando was described as having a decent year and there was apparently a modest growth for Sea World.
The owners of Sea World the Busch Entertainment Corp described the report’s figures as below their official attendance numbers and yet once again would not release their data.

The Magic Kingdom in Walt Disney World once again regaining its title as the busiest theme park in the world plus Disney’s “Expedition Everest” roller coaster in Animal Kingdom, a ride, which opened in 2006 helped this park to new popularity heights. It was credited in the report for creating an 8.6% attendance gain whereas the previous year another new attraction the “Finding Nemo show” pushed the park’s gate up another 6.5%.

A constant rising demand for vacation short term rental accommodation within the Disney catchments still appears likely for the tourist numbers continue to grow; it is worth remembering that the amount of suitably zoned land in the central Florida region allowing short vacation term lets is severely restricted.
Less than 1% of the total land area within the central Florida is thought to possess the appropriate approval, the majority of housing land being preserved for primary resident use.

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NOW is definitely the time to steal a US real estate deal ! (Before the best deals have all gone!)

noreply@blogger.com (Countryside International) — Sat, 15 Mar 2008 14:49:00 +0000

At the London Homebuyer & Property Investor show just over a week ago, we presented as the USA Investment Centre a joint exhibit of the VERY BEST VALUE new homes currently available from America’s largest homebuilder, D R Horton and they were not just located in Florida !

Prior to the show we had identified an array of brand new DRH inventory homes located in various places throughout the USA; Arizona, California, Colorado, North and South Carolina, Phoenix and Hawaii, Philadelphia, Pennsylvania, Delaware and New Jersey, Florida and even some in Las Vegas.

As an example of some of the great value new homes currently available suitable for long-term rentals; Las Vegas; 15 mins. Vegas strip from UNDER £70,000 (high tenant demand from casino workers now facing strict mortgage lending criteria).

Low maintenance Town homes in Denver approx. 15 mins to downtown, priced from approx. £63,000

4 bed 2 bath 2 garage in Phoenix from approx £81,000

In the city of Tampa on the west coast of Florida 2 bed town homes with garage starting from approx. £56,000

Miami – Dade 3 bed 2 bath condos close to beaches and golf from approx. £114,000 or in Rock Hill South Carolina near the University & Medical Centre from under £40,000 plus many more!

'America’s builder' had agreed to sell at this low pricing due to all the homes being fully completed and ready for occupation, for it made economic sense and I am pleased to say their strategy had the desired affect, for it also made economic sense for buyers !

We were absolutely swamped with enquiries from most eager Brits seeking to capitalise on the 'double whammy': very low pricing as a result of the substantial price reductions plus even greater value, due to the very high £ to $ exchange rate !! (it’s still in excess of 2 for 1).
Click on the following link :
www.currenciesdirect.com/?Ref=1181
or on the banner below for more detailed information and remember to quote reference R613 should you decide to open a Currencies Direct account, its free to open the account plus you will obtain a no commission transfer agreement together with the highest possible exchange rate !

We agreed several deals during the show and additional purchase agreements continue for we managed to obtain an extension for the special pricing until 24th March 08.

Call our UK local rate number 08456 444 747 if you would like more details about any of the low priced opportunities.

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£ Pound Sterling at a 26-year peak !

noreply@blogger.com (Countryside International) — Thu, 01 Nov 2007 16:47:00 +0000

The dollar fell to record lows against the euro and several major currencies with news of a US Federal Reserve interest rate cut plus record oil prices approaching $100 a barrel.

Several of our clients are now benefiting from the weak dollar and strong sterling; with Florida sale prices in certain instances already substantially well below "market value" (upwards to 40% below the price of 3 years ago) plus the current exchange rate possibilities (an exchange rate of 2.06 has recently been achieved), this really is the time to buy !

The tide is turning! We are experiencing a trend that sees droves of experienced UK property investors turning their backs on UK property investment and they are looking further afield to places such as Florida, Panama and Turkey......

In the UK we understand the Nationwide building society's October house price index is expected to show the rate of increase in UK property sales slowing to 0.3 percent on the month and 8.6 percent on the year.

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'The Property Investor and Homebuyer Show' - SECC Glasgow - Friday 19th - Sunday 21st October 2007

noreply@blogger.com (Countryside International) — Thu, 18 Oct 2007 09:55:00 +0000

With another weekend approaching once again we are heading north although this time we are travelling afar to Scotland !
Yes its time for the year’s largest dedicated property event to be held in Scotland; 'The Property Investor & Homebuyer Show' is in its 3rd year and we ate attending to exhibit and conduct the daily seminars.

If you can make it we would love to meet you at Scotland's premier exhibition venue which is the SECC Glasgow.

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'A Place In The Sun Live' - NEC Birmingham - Friday 28th - Sunday 30th September 2007 - Stand H6

noreply@blogger.com (Countryside International) — Mon, 24 Sep 2007 14:38:00 +0000

With the past weekend only just behind us after a frantically busy 'Property Investor & Homebuyer Show' in London, its now time for us to head north to the Midlands !

This coming weekend we are at the NEC in Birmingham to exhibit at 'A Place In The Sun Live' which as you may know is billed as 'The largest overseas property exhibition' !
The event is set to be full of fun and entertainment plus more importantly its a place where you can find out all there is to know about a possible purchase in Florida Panama or Turkey by meeting my team and I.

We are hoping to be joined by a few of our overseas colleagues; my Florida business partner Allen Jackson the crazy American guy who you may have seen 'sitting on the gator' and presenting our Florida DVD is hoping to attend !

From Turkey Mhemet from Ersa, the most respected firm of builders in the Antalya region of the Mediterranean coast plus my daughter Lisa who lives and works in Side looking after our real estate business interests there, are also joining us

If you can do likewise we would love to meet you and we shall be found on Stand H6.

We are bringing with us some information on a few 'specials' for the show as recently we have carried out some most recent successful negotiations with a few builders!
As you know our 3 main areas of concentration are on property located in; Florida Turkey & Panama for this is where we consider the VERY BEST profitable purchase investments exist albeit each has its own criteria reason which we are happy to share with you !

As we have a limited number of complimentary tickets available we are issuing these on a 'first come basis so just call us if you want them !'

We hope to see you there !

Graham Pyle

UK Office :
Tel : 08456 444 747

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'The Property Investor Show' - London Excel - Friday 21st - Sunday 23rd September 2007 - Stand 635

noreply@blogger.com (Countryside International) — Wed, 12 Sep 2007 15:26:00 +0000

We wish to take this opportunity of thanking you for subscribing to our newsletter and to also let you know about the above forthcoming show.

'The Homebuyer & Property Investor Exhibition' at Excel London is lined up for 21st, 22nd & 23rd September 2007 and during the show I will be conducting several seminars on Florida, Panama and Turkey.

We’ll have plenty of information with us on the very best and latest properties for sale in all three countries including some very special deals !

We hope you can join us so that we can meet you in person to advise you firsthand and remember if you would like to obtain some complimentary tickets just call and ask on 08456 444 747

Following is the exhibition/seminar schedule:

'The Property Investor Show'
London Excel, One Western Gateway, Royal Victoria Dock, London E16 1XL
Friday 21st - Sunday 23rd September 2007
Stand 635

Turkey Seminar 2.45 pm (45 mins)
Friday 21st September - Room 4

Is Turkey the New Spain ?
Just a short 4-hour flight away from the UK where the east meets the west, Turkey is a rare jewel indeed. The country is rich in history, has a diverse culture and is fast becoming a major tourist destination for European and British visitors alike. Its combination of a wonderful climate, affordable living costs and low property prices is luring many investors and retirees who seek an attractive destination and new way of life.

Florida Seminar 12 noon (45 mins)
Saturday 22nd September – Room 5

Is it pain or gain in Florida ?
With considerable media and press speculation about the current US housing slowdown, discover the truth about property sales and current investment opportunities in Florida, the most popular US state with British property buyers ? What does the future hold and is this a good time to buy ?

The facts & stats will be clarified from my perspective as an experienced and active Florida real estate specialist.

Panama Seminar 1 pm (45 mins)
Sunday 23rd September - Room 5

Panama - A land of opportunity ?
With massive financial investment currently pouring into Panama, the Central American country at the international crossroads of the western hemisphere, there surely must be very good reason; besides its political stability, tax incentives and visa retirement programme, there are many other reasons why the country is currently experiencing an unprecedented economic and housing boom. Although mostly South American and US buyers readily recognise the investment opportunities, the amount of European & British buyers to date has been low, although more recently the numbers have been steadily rising !

This is a truly exciting investment market and our real estate sales experience and my personal purchase activities within the country over the past few years have taught me much !

If you can’t get along to this show please feel free to call us about any matter whatsoever on 08456 444 747 …we can still let you know about the 'special deals' that we have negotiated !
Oh and we’ll be in Birmingham at the end of the month so we’ll let you have details about this show shortly !

Graham Pyle
Managing Director

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USA VISA - Will the purchase of property help to obtain US residency status ?

noreply@blogger.com (Countryside International) — Sun, 01 Jul 2007 09:59:00 +0000

Watch the video on USA Visa

The question whether purchasing US property can help to obtain US residency status is somewhat confusing for a qualified yes and no answer applies and this often leads to conflicting views being provided.

Many people from all over the world have a desire to obtain US residency status and yet many are equally nervous about risking their financial savings in a qualifying investment business venture to help them to obtain a suitable visa.

The E investor is the most popular immigrant US residency visa for this provides a relatively simple and easy path by way of business investment and yet as with all financial investment careful research is necessary to ensure no costly mistake is forthcoming.

It was back in the mid 80’s when I was first involved with British buyers of vacation homes in Florida and soon after I realised that there was a common thread to the buyer profile. All were buying for a combination of rental, investment and holiday reasons plus many asked if their property purchase could help them to obtain US residency status.

I told them that a single US home purchase was no justifiable business investment reason and therefore this would not help them to obtain a residency visa.
However I soon realised that a business involving a carefully presented visa application with at least 4 homes together with submission of a comprehensive detailed business plan showing how the business would succeed, could provide a completely different answer.

When a visa application is poorly presented or it portrays a “passive financial investment” an application will be declined. However if the visa application is carefully presented by an experienced professional with a proven track record in knowing how to demonstrate hat an “active property business” will occur this has a real prospect of resulting in the issue of an E2 visa.

The application should clearly demonstrate that a “substantial financial investment” is made prior to the application being submitted and although no actual sum is detailed in any document in reality this should not be less than $100,000.
Property loans are allowed although when the case sufficient projected business profit margin will need to be clearly demonstrated for as the projected expense and risk increases so of course will the scrutiny from any issuing immigration official.

Of equal importance is the need to clearly define why you believe that the proposed business will be viable and the application must show that the proposed business can readily support the owner’s future living expenses etc
The supporting business plan should demonstrate a defendable reason why it will generate employment and as a guide the projected generated profits normally should not be shown as being less than $50,000 per annum.

Clarifying the property aspect as an integral part of the business plan will be essential as would be in the case with a similar business proposal such as one involving say a guest- house, hotel or even property rental firm.

Vacation rental homes that are purchased should be viewed by the issuing authority similarly to a hotel for the property purchased has a very similar function, however no rental homes purchased should be shown as being bought specifically for personal use!

Property assets purchased as part of a rental business do of course require regular maintenance and rental bookings are also a necessary business function. Appropriate personnel for the every day business needs will therefore be required either at the outset or at a later date.

In Central Florida, especially within the Disney catchments a constant demand for “good quality well run” property management firms still exists despite the number of holiday rental firms that already operate in this area.

The constant growing demand for good quality management results from the continuing cycle of firms that naturally grow when they increase their portfolio of homes. This seemingly can reduce some business operating standards, hence the constant demand for new firms.

This specific problem was the underpinning reason why I decided that my real estate business should NOT to enter into property management, despite an obvious attractive financial temptation.

Back in 1985 there were very few holiday property management firms operating near Disney for by and large it was hotels providing rental accommodation.
Over the years we dealt with several thousands of property sales to British buyers all of whom bought for personal holiday use plus potential rental income.

In view of the importance our buyers applied to the property management, we decided that it we should provide the best client service by remaining totally independent from any property management firm. Indeed many of our real estate competitors could not resist the obvious financial temptation and they did otherwise.

As a result of our independence nowadays we can track and monitor the performance of some 700- property management firms in Central Florida alone and the valuable information that we continue to gain helps our client buyers.

Currently there are over 50,000 British owned homes in Florida and of course many more properties are owned by other non –residents, both US and foreign.

It follows therefore that there is a constant demand for quality small to medium sized property- management firms in this particular region and this is naturally creating attractive and exciting investment opportunities for budding entrepreneurs in search of a new US way of life.

Anyone who is keen to keep their financial investment risk to a minimum and is somewhat nervous of investing cash into a new business venture may be hard pressed to find a better alternative than to invest in a property based management renal business.

Property in the “Sunshine State of Florida looks set to keep rising in value for property prices are still lower than many comparable states such as California, where prices are almost 3 times as high!

Those interested in obtaining more information should contact Countryside International on UK number 08456 444 747 where a free DVD “The definitive guide to buying in Florida” is also available.

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Weakening US housing market weighs on dollar

noreply@blogger.com (Countryside International) — Mon, 25 Jun 2007 15:21:00 +0000

The stumbling US housing market could cause a further weakening of the dollar as it hit a three-week low against the euro, according to recent reports.

With the dollar currently trading at $1.3443 against the euro, there has also been speculation that it might yet break the $2 to sterling barrier once again, depending on US federal and British interest rate changes and reinforcing the need to get the best exchange rates.

This has also cut the yield premium for US Treasuries, Bloomberg news agency reported.

Sue Trinh, a foreign exchange specialist with RBC Capital Markets in Sydney, told Bloomberg: "The dollar's yield advantage has waned. The market is vulnerable to weaker housing data and that will weigh on the currency."

Meanwhile, the Wall Street Journal has reported that the dollar could gain against the yen, partially due to the prospect of higher interest rates in Japan.

Last week, the yen weakened significantly against the euro, with 1,000 yen currently trading at 6.010254 euros.

Recently there has been a considerable influx of foreign investment into the US property market, with many keen to capitalise on what are very low current property prices; this is especially the case in the more popular holiday destinations such as the “US Sunshine State” of Florida. There has been a significant rise in the number of British buyers in Florida over the past few weeks, for not only can a Brit benefit by having a wide selection of “low priced” homes to choose from, they can also take full advantage of their sterling buying power and with the current prospect of an even more favourable exchange rate peaking, Florida property sales to Brits seem likely to soar skywards over the next few weeks!

To obtain a free DVD “The definitive guide to buying in Florida” call the UK number 08456 444 747 or e mail us with any questions about this subject at enquiries@countrysideinternational.com

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Florida Mortgages for foreign nationals

noreply@blogger.com (Countryside International) — Wed, 13 Jun 2007 08:34:00 +0000

Watch the video on Florida Mortgages

Foreign nationals who seek to obtain a mortgage when making a Florida property purchase, can do so, subject to qualification, in a relatively simple manner.

- Up to 80% of the purchase price or valuation (appraisal), whichever is the lower is normally readily obtainable.

- Fixed and/or variable rate loans of up to 30 years are normally freely available, regardless of ANY age.

- Some loans can be repaid in either US dollars or another currency and sterling loans often are available with fixed terms and currency exchange rates.

- Interest rates do of course vary according to the type and time of the loan;generally a foreign national /investor will pay 1% more than a US resident. Interest rates currently range between 1% and 8% (May 2007)

An applicant should be able to provide the lender with a list of certain documentation, as proof of ability to repay the property loan and normally the best available rates are freely obtained when supplying the maximum amount of documentation.

If you are planning a trip to Florida with a potential property purchase in mind, we recommended that you take with you a few important documents, which are listed below. Of course you may however have already supplied these dociuments to a suitable lender for a prior loan pre-qualification.

The recommended documents are:

Employed
A minimum of 2 years Inland Revenue P60s, plus copies of tax returns, if available and your most recent pay slips, covering the prior 30 days.

Self-Employed
A minimum of 2 years accounts, plus a letter from you accountant confirming Inland Revenue approval.

Employed & Self Employed

a) A minimum of 3 months Bank and/or Building Society and/or Stocks and Share statements. The statements should provide evidence of the whereabouts of your intended down payment (deposit) on your property.

b) Proof of title deeds to any unencumbered asset.

c) A copy of a full years-Council tax (rates) demand on your UK home. This is to prove that your permanent home is in the UK.

Non-income verification loans

- Non-status (self-certification) loans are readily available, although documentation similar to the above is still required without the income verification, which is merely stated. This is due to the loan being based on the strength of the asset.

- Although the maximum percentage of these loans varies from time to time, normally they are freely available up to 75% of the purchase price, subject to a satisfactory appraisal. In certain cases a possible 80% non-status can be arranged, although the interest rate is then loaded.

- US lenders offer a variety of flexible mortgages, which can be tailored to your particular needs. Interest rates vary just like they do elsewhere in the world. You can choose between a variable and a fixed loan, although most popular with overseas buyers is a loan capped on an annual basis, in intervals over the life of the loan. These are more commonly known as A.R.M.S. (adjustable rate mortgages) and they are normally available with capping options at 1, 3, 5 & 7 years.

The purpose of the capping is to control the interest rate within a specified percentage range, which can provide peace of mind when on a budget. The fixed rate loans are normally repaid over 15, 20 or 30 year terms.

- U.S. loans will normally cover the repayment of principal property taxes, interest and hazard insurance. Many carry no pre-payment penalties and should you decide to make additional payments each year, you can reduce your term substantially, which is well worth consideration!

- Interest only loans are available

Countryside International/Florida Countryside personnel have full knowledge of several independent lenders and brokers with expert knowledge in their field and a personal introduction to ensure the best possible advice is obtained is highly recommended.

A loan pre-qualification prior to any purchase is advised & is freely available upon request without any obligation.

Mortgage Approval

Once a mortgage application is presented at the time of any purchase agreement, normally a lenders acceptance confirmation is forthcoming within a 4 to 8 week period from the time of submission.

When the acceptance notice is received, you are required to sign the authority and if you have not already done so a 'down payment' is made which is normally the balance of 5 % 10% or sometimes even 20% (an initial holding deposit may have already been paid) the exact sum will of course depend on the contract terms.

This stage is the US equivalent of the UK's 'exchange of contracts' and pre-payments and closing costs together with the additional deposit balance are payable at closing.

Purchasing a property with cash

If you pay by cash, there is no requirement for any pre-payments and the closing costs are reduced.

Closing (Completion)

When a new property is being built, prior to closing an orientation (walk thru) with the builder takes place. This involves either you or your representative (brokers like us often provide this free service for their clients) checking the property to ensure entire buyer satisfaction. (snagging list).

The 'Title Company' then conveys the title (a title insurance policy is issued) & ensures that the appropriate monies are distributed to all of the relevant parties. They do not act for either seller or buyer and you can rest assured that the money is protected and dispersed correctly. The closing costs are similar in many ways to the items we pay in the UK Stamp duties, etc. Although the main cost is attributed to the mortgage loan.

It is prudent to allow up to 4.5% (four & a half per cent) of the total purchase price, to include disbursements (this is the maximum sum it should cost you). A cash purchase should reduce this sum to a sum ranging from 1.5% to 2%.

A breakdown of the estimated associated costs is provided by the lender once details of the property chosen is known.

Taxation

- Property taxes normally amount to approx. 1.5% (one & a half per cent) of the property's value, which is commonly paid on a monthly basis along with the mortgage payments.

- A sales tax is charged on all rental income and currently is 12%. It is the equivalent of the UK's VAT. A tax treaty between the UK and USA means that double income tax is avoided although all rental income must be declared.

- As a guide; all relevant expenses including the mortgage interest can be off set against any due tax from rental income and once all of the appropriate expenses are taken into account, in certain cases often the tax is wiped out completely; this of course will depend entirely on the individual personal circumstances.

It is recommended that ALL buyers obtain expert professional advice regarding taxation and Countryside International/ Florida Countryside personnel are happy to make introductions to an appropriate qualified accountant/taxation lawyer upon request.

Interested to know more? Contact Countryside International on UK number 08456 444 747 or visit www.countrysideinternational.com

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Moving to Panama - a tropical retirement paradise

noreply@blogger.com (Countryside International) — Tue, 22 May 2007 12:29:00 +0000

Just a two and a half flight away from the US “Sunshine State” of Florida is Panama, a country about the size of Scotland with a population of some 3 million at the “Gateway” to South America, adjoining Columbia and Costa Rica in Central America; it enjoys a safe and wonderful climate free from any earthquake or hurricane.

About 1 million of the population live in Panama City, home to around 150 International Banks and a major off shore finance centre; the International Airport enjoys flight connections via major US destinations, thereby providing ready access to most places in the world.
This is an interesting country that is probably best known for its famous Canal, a most valuable asset that is widely thought to be the main reason why in 1989 US troops ousted its former dictatorship leader General Noriega.

Since this historic event took place, the US influence and support has helped Panama to grow to a point where it now provides new residents with an attractive affordable lifestyle for a fraction of the cost in the USA and its steady economic growth and political stability is providing those that choose to invest with that much needed peace of mind.

The country’s future does seem to be assured and the growth rate is helped by new businesses, which are seemingly arriving weekly plus so are many new residents; the main reason for the population growth is the Panamanian authorities desire to increase the numbers by way of the “retirement visa” programme which is specifically aimed to attract US retirees; however the opportunity equally applies to other foreign nationals who can meet the low cost and simple visa qualification criteria.

A variety of attractive tax incentives operate for retirees in Panama and this together with the country’s many other virtues is aiding to make this tropical paradise a haven of opportunity!

Such virtues as; the low cost of living, a warm tropical climate, stunning and most beautiful terrain encompassing; mountains, rain forests, scattered islands and a fine sandy beach coastline, there are 3 different oceans, (the Caribbean Pacific and Atlantic) plus of course the country has a variety of quality and highly affordable housing to choose from; all in all new residents and property investors alike are now taking advantage and are starting to arrive in droves!

To qualify for a retirement visa, a minimum $200,000 cash investment is required within the property purchase/s, plus the authorities need to see proof that the applicant is drawing a pension anywhere in the world; when these two principal requirements are fulfilled, the applicant should be granted a visa!

Foreign property investment in Panama today is indeed rife; many are to enjoy the prosperity that should be forthcoming that has recently been assisted by the recent referendum in the country. This has provided the official go ahead for a 7-year building programme that involves the expansion and rerouting of the Panama Canal.
This major additional new-found opportunity will help those capitalising on the opportunities by investing in the country; many new luxury developments are suddenly springing up everywhere and most enjoy Property Tax exemption, which alone is simply a great investor attraction.

The luxury waterfront high-rise condos and beachfront holiday homes being built are at most attractive prices; a good quality home can start from as little as $140,000, albeit if you are seeking something at the real high end, say around the $700,00 to $900,000 mark in a golf and/or beachside location, it can still be found!

In Panama an unprecedented economic property boom is currently taking place and for those interested it is certainly still not too late to join!

Interested to know more? Contact Countryside International on UK number 08456 444 747
or visit www.countrysideinternational.com

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British pound breaks the $2 barrier - the perfect time to buy in the USA !

noreply@blogger.com (Countryside International) — Thu, 10 May 2007 15:05:00 +0000

May 2007… With the US dollar reaching a 14-year high against the pound; it is currently trading at an amazing 2 to 1 exchange rate, anyone that has been considering buying a property in the USA surely should do so NOW!
The current market is providing a buying environment that is more like a “Buy 1 and get 1 FREE” offer more normally associated with our weekly supermarket shopping!

If you are extra careful by heeding some good sound professional advice as to what and where you should buy, today you can also take FULL advantage of the conditions and find yourself an absolute real bargain!

The recent slowdown in US real estate has created some unbelievable low priced purchase opportunities that in my opinion will never be repeated.

I have been actively involved in Florida real estate sales since the mid 80’s and as such have personally experienced several different kinds of markets, yet none that I have seen provided buyers with such a great opportunity for a savvy investment as this one!
Consider that a US realtor with MLS board membership such as my firm, has access to sell ALL listed property for sale, plus they can act for a buyer with a duty of care and yet their fee is paid by the title company after collection from the seller and it becomes clear that the US market is indeed a very different one from its UK counterpart.

Following is a small sampler of what is currently on offer in Orlando Florida and you will see precisely what I mean about the current buying value;

From £90,000 we can find New Luxury 2 to 4 beds 2 bath 1,200 to 1,600 square ft homes in a resort community all having short or long-term rental use approval located just 5 minutes from Disney.
From £130,000 New Detached 3 and 4 bed 2 and 3 bath villas with own pool 10 mins from Disney
£150,000 Resale A 5 year old 2,500 square ft Detached 5 bed - 3.5 bath villa with pool just 15 minutes from Disney

Furthermore loans are relatively easy to obtain; we can introduce potential buyers to specialist mortgage brokers who normally can arrange 80% mortgages for foreign nationals with 30-year terms.
Most loans will have no pre-payment penalties arising and there will be a variety of fixed 1 3 5 and 7 year adjustable rate loans to choose from. There is a further bonus too; there are some mortgages that can be fixed at a Sterling exchange rate and so those acting NOW can also take full advantage of the great current £ to $ exchange rate conditions!!!!

As an alternative to buying a home in Florida, some of you may wish to invest in land that is located in the mountains and lakes of Tennessee; here prices start from around £25,000 for a large tract that could be possibly sub divided at a later date or may be a brand new home in Panama in Central America is more you’re your type of investment. In Panama we have sourced some fine property with prices starting from as little as £85,000; the US dollar purchase is of course entirely yours to consider!!
Wherever and whatever, my advice to you any interested party is to ACT now if you are looking to try and make some real money!

Graham Pyle

To obtain a free DVD “The definitive guide to buying in Florida” call the UK number 08456 444 747 or e mail us with any questions about this subject at enquiries@countrysideinternational.com

www.countrysideinternational.com

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Florida - Overseas Property Radio Show with Graham Pyle

noreply@blogger.com (Countryside International) — Wed, 02 May 2007 14:47:00 +0000

Listen to the radio interview

Beloved destination not only of the British families who flock to the theme parks, Florida is a huge destination for internal migration, where the ‘snowbirds’, as retirees are called, contribute to the fact that over a thousand people move to the state every single day.

In this On Demand Radio Show, Adrian Mills is joined by national property journalist, and US citizen, Robert Liebman, and Graham Pyle of Florida Countryside – a highly-experienced property agent. This expert panel takes a further look at the current state of the Florida property market – exploring not only the economic and market situation, but also how to find out about rental prospects, where you might look for the next big property bargain, and how to finance an investment or holiday home, including how currency fluctuations can change the price of a property.

On top of all this, the property experts also look at the culture, lifestyle, climate, property types and the buying process. The panel then answer some of your questions about buying in Florida, dealing with buying costs, surveys and how to set up a property for rental.

For a free DVD "The definitive guide to buying in Florida" plus more detailed information regarding properties currently for sale or to obtain an invitation to one of the information seminars being held throughout the UK call 08456444747 or visit www.floridacountryside.com

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Florida – the time to buy !

noreply@blogger.com (Countryside International) — Fri, 27 Apr 2007 15:44:00 +0000

Although Florida property prices have risen sharply over the past few years, recently they have fallen to such a level that investors from all over the world have returned and are now looking to buy, for the prospect of future capital growth is virtually assured and the current downturn is seen as a small market glitch.

Besides tourism, Central Florida’s prospect for growth is now due to the vast employment opportunities ; forty one thousand new jobs were created in the region over the past twelve months and therefore it is no wonder around 360 people net are moving into the area every day.

The “US sunshine state” attracts around 80 million visitors annually and a staggering 52 million of them stay inland, away from the coast!

With an estimated 50,000 + British people now owning property in Florida and most of them buying for rental investment and personal holiday use, what is surprising for many, is to learn that rental restrictions exist throughout the State.

In Central Florida where the Orlando Disney catchments exist, there is of course a considerable rental demand for short- term accommodation, however great care is needed in this area to avoid possible mistakes, for less than one per cent of the total land mass in central Florida is zoned and approved for short- term rentals.

The short- term approval allows use of property built on the specifically zoned site to be used like an hotel and the reason for this is simple; local authorities control the supply of such rental homes to protect the residents from possible neighbour nuisance, however this does of course also help potential investors, for it reduces the competition from similar like minded property owners.

It is of course a competitive environment, and homeowner still have to contend with the hotels, although many people do prefer to stay in a privately owned home.

Historically most British property buyers in Florida look for a villa with its own pool in favour of a condominium, for many British renters think likewise.

A villa with its own private swimming pool does of course have its attraction and yet it can also have a few disadvantages, such as more responsibility and in some cases a higher maintenance cost than a condo.

The majority of Florida visitors (some 85%) are either Canadian or US citizens and most after hotel accommodation will almost certainly seek to rent a condo (condominium), in favour of a villa.

Condos although best described as similar to a UK flat or apartment are normally starting from as little as £80,000 and most are spacious and can even be as large as many villas. The resort facilities normally on offer and the associated running costs rival the villa counterpart.

A villa can of course be a wise purchase although normally the price of a new or established home will commence around the £130,000 mark. Lower priced homes are available although the age may well mean that some work is going to be required.

An increasing number of foreign nationals from all over the world buy in Florida, for they view the State as a sound future investment, due to affordable living costs, low priced homes and of course the wonderful lifestyle and sunny weather.

Says Graham Pyle Managing director of UK & US based real estate specialist Florida Countryside; “Since I commenced the extensive marketing campaign of Florida real estate to British buyers, some 20 years ago, I have been constantly reminding our clients to first seriously consider the main reason for them buying.

This should take place from the outset of the interest, for most primarily buy for investment and holiday reasons and in that order. Many would otherwise undoubtedly let “their hearts rule their head” and they would end up buying a home that is more suited to them living in on a permanent basis.

In reality most will require a home for short- term vacation stays which can financially work for them during their absence and at any given time we are fully equipped to establish he very best available property that is for sale at the most completive price, specific for any client's need!”

“Most UK based Florida homeowners only stay in their home up to 4 weeks annually and the remaining time they try to seek tourist rental income.

I should point out that we believe the best way of achieving a great result is to NOT rely on others to make you money.

We always help by educating our clients how they can successfully achieve the desired investment result by way of holiday lets and regretfully this does involves a degree of work. There will never be a free lunch and the more owner effort, the better the result.

You really only get out of it what you put into” says Pyle and we constantly aim to help clients achieve their goals, with total professional guidance.

A “permanent home” has an entirely different criterion to that of a potential rental home and I personally believe the two definitely conflict.”

A suitable “permanent home” often has a higher purchase price tag than a holiday home, plus it can sometimes even have a high running cost, for the homeowners association fees can be excessive, especially when it has associated facilities such as prime golf course within the community.

A suitable primary home will normally carry a 3 or 6 monthly rental restriction that operates within the community and therefore this will have no flexibility for the owner’s personal use, which will prove to be a problem in itself, if it is planned to ever rent out the home during the owner’s absence.

A good rental investment should have the potential to provide a healthy yield together with a good prospect for strong future capital growth and this is currently highly possible in Florida, subject of course to careful research by locating the very best available property at any given time.

Florida Countryside offer a client buying service that can achieve the best possible result, for they have access to every listed property for sale in the region.

A licensed agent has a fiduciary duty of care to protect the client and yet the associated real estate fee is always paid by the buyer and collected and distributed by the title agency.

For a free DVD "The definitive guide to buying in Florida" plus more detailed information regarding properties currently for sale or to obtain an invitation to one of the information seminars being held throughout the UK call 08456444747 or visit www.floridacountryside.com

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Turkey - "The New Spain"

noreply@blogger.com (Countryside International) — Fri, 27 Apr 2007 15:41:00 +0000

Strategically located just a 4- hour flight away from the UK Turkey is indeed a “rare jewel”.

This vast country has a diverse culture with many different regions that enjoy a range of varying climates. In the popular tourist areas an agreeable climate exists that sees long fine days of warm sunshine last for most of the year.

The country enjoys an amazing contrasting landscape that comprises a mixture of scenic mountains, lush green woodlands and extensive tracts of undulating beautiful lakeside countryside plus an extensive coastline enjoys numerous sandy beaches that gently are lapped by the warm seawater.

The Turkish people are friendly and hospitable, which together with the country’s many virtues is why Turkey is so fast becoming a seriously popular holiday destination, especially with British and European tourists, many whom believe they are discovering the “new Spain”.

The country offers superb property value plus a low cost of living, which alone makes this a most attractive lure for overseas property investors and sun-seekers.

Many who flock to buy are encouraged by the favourable accolades yet all foresee a good prospect for strong future capital growth and certain “hotspot” regions have become a property investor’s paradise.

Across the region from places such as Bodrum and Marmaris, on the Agean coast, southwards down to the warmer climes of Side and Alanya, overseas buyers are snapping up property.

Side is located in the Antalya region along the Mediterranean coast a 45 minute drive from the International airport, which is the 2^nd largest in the country and is open all year round. Nearby in Belek a golfers haven is being created with 12 championship courses that would not look at all out of place in Florida!

Property prices along this coast are still very affordable, although this will undoubtedly change with the passing of time.

Countryside International who have offices in the UK and Turkey are offering spacious new 2- bedroom apartments (800 square ft) close to the beach in historic Side from £50,000 whereas new large detached 4 bedroom 3 bathroom villas of Mediterranean style (1900 sq ft) with a private swimming pool within the same area are costing between £130,000 & £145,000.

Such property if it were located in the Costa del Sol of Spain would cost at least £500,000 making these homes absolutely wonderful value!

Everywhere you travel to in Turkey you will find Roman ruins; Side was once a favoured romantic meeting place for Cleopatra and this one time fishing village with its amphitheatre and fine ancient ruins is now one of the most popular holiday destination, whereas nearby Aspendos has one of the best preserved amphitheatres in the world and here they still present major music festival events and live theatre concerts.

A popular ski resort in the mountains near Antalya is a mere two and half hour drive from Side enabling visitors to take a dip in the sea in the morning and to then drive to ski in the afternoon, a fine combination to keep you fit and healthy!

Call Countryside International in the UK on 08456 444 747 to obtain more detailed information regarding property for sale in Turkey plus learn about the information seminars to be held throughout he UK. Alternatively visit the website :

www.countrysideinternational.com

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About Us

noreply@blogger.com (Countryside International) — Wed, 25 Apr 2007 14:15:00 +0000

Countryside International is the parent firm of the well respected overseas real estate specialists Florida Countryside, Turkey Countryside & Panama Countryside.

The Managing Director & founder of the business Graham Pyle, was possibly the first UK estate agent to recognise the potential of the Florida property market involving British buyers; in the 1980’s he introduced an extensive UK marketing programme with numerous public information seminars detailing the virtues of Florida real estate taking place throughout the UK and Europe.

Graham sold his chain of UK estate agent offices to the Abbey National in order to concentrate on his overseas property business, which was retained from the sale and nowadays he and his son Simon spearhead the Countryside International sales & marketing team.

The “very best value” property available for sale at any given time is sourced by careful research and a thorough due diligence approach within the specialist countries and this has resulted in the firm amassing a large client following of discerning investment and second home buyers alike.

Key Countryside International personnel have been filmed on many occasions for various national and terrestrial television channels such as BBC ITV Channel 4 and Sky digital.

Graham's US based real estate partner Allen Jackson has some 23 TV appearances to his credit on the specialist property programme “I Want That House” (ITV) and an interview with Graham was recently the feature of "Property Kings" on Sky. The firm originally were specialist advisers to the TV company producing “A Place in the Sun”.

Each year Graham is a guest speaker in an expert capacity at different property exhibitions such as “A Place in the Sun live” “Property Investor” and the “Homebuyer” plus he writes features for specialist journals such as “Escape to Florida” and has had many articles published in the national press.

Countryside International UK Office :
Tel : 08456 444 747

www.countrysideinternational.com