Invest
Top 3 Dangers of Buying Low-Cost Single Family Homes in the USA
By Singapore Property Blog  •  August 6, 2013
Top 3 Dangers of Buying Low-Cost Single Family Homes in the USA

By Gerald Tay (guest contributor)

I recently shared my insights on the USA real estate market to local investors and readers. Unsurprisingly, I received many emails from them, in particular on buying low-cost USA Single-Family Homes (SFH) for investment. Some investors shared with me that they are currently facing serious issues on these low-cost properties, and wanted to find ways to resolve them. My direct answer was: “If you can find buyers for such properties, sell at whatever price ASAP!”

With our expensive local property market, financing restrictions and low deposit rates, many Singaporean investors are eagerly jumping on the wagon (like everyone else) to buy low cost properties in foreign countries such as USA for investment. But is this a smart move?

Reasons these low cost properties look enticing

Here are some reasons why these foreign properties look enticing to investors:

  1. Low purchase cost – a Single-Family home ...
...
Read the full article
By Singapore Property Blog
Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance