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Article: Newsletter Nov 2007
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Article: Nov 2007 Newsletter Nov 2007
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10% Down 2.9% Developer Financing!
50% Off Beach Front Property!
See below for property details.
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As we approach the end of a very "interesting" year for British holiday home and investment property owners in Florida your friends at the British Homes Group in Orlando would like to bring you five pieces of good news that could to help make 2008 a most prosperous New Year indeed!
Florida Property Discounts Up to 50%
Sterling Near-Record High Against The US Dollar
New alliance with Stirling Sotheby's International Realty
New Sensible Re-Mortgage Options
New Free Florida Property Bargains E-Mail Alerts
1) Florida Property Discounts Up to 50%
The currently soft domestic Florida property market presents an enticing array of extra-ordinarily attractive good values for all home buyers in general - and UK and European investors in particular with their 26-year high UK pound and record-high Euros versus the US dollar.
As The Telegraph recently observed (November 11, 2007) now could be the perfect "time to make a fast buck" buying property in America:
Buying Property in America - The Telegraph
2) Sterling Near-Record High Against The US Dollar
Both the pound and the Euro continue to trade at record or near-record highs against the US dollar. Add this increasingly strong 'buying currency' to the growing number of highly-motivated Florida home sellers, both builders and individuals alike, and you have a true "Buyers Market" for UK and Irish property investors throughout the 'Sunshine State' - from Orlando to Naples, from Tampa to Miami and Key West!
3) Alliance with Stirling Sotheby's International Realty
To further assist our British Homes buyers take full advantage of the unprecedented property values in Florida we have entered into a strategic alliance with Stirling Sotheby's International Realty, the Orlando-based affiliate of Sotheby's in the UK.
Through Sterling Sotheby's property auction arm and its unique relationship with many of Florida's leading property developers we have become aware of some truly exceptional new property values.
Two such current examples, which are just now being announced are:
Up to 50% Off at Palm Coast Resort
Publicly-traded Centex Homes is currently liquating some of their holiday home inventory close to the world-famous Hammock Beach Golf Course and Beach Club.
A "Best British Homes Buy" if ever there was one!
Developer-Direct Interest Only Mortgages @ 2.9% p.a. and Closing Costs Paid
The developer of the lovely Somerset community on the east coast of Florida is now offering 90% financing at 2.9% p.a. on select homes purchased on or before December 31 of this year. The developer will also pay all closing costs.
A great opportunity again for the right investor!
4) New Sensible Florida Re-Mortgage Options
As many of you many know, British Home Loans' introduction to the Florida marketplace last year of Lloyds TSB Bank's innovative multi-currency mortgage was a huge success!
The multi-currency mortgage allows you to finance your Florida property in pounds or dollars or Euros - and switch currencies, at no cost, up to twice a year depending on your individual circumstances and market conditions.
Flexible indeed!
For those Florida property owners or buyers who prefer what the Orlando Sentinel newspaper recently referred to as a 'good 'ol 30 year fixed-rate mortgage' see:
Orlando Sentinel 30 year fixed
British Home Loans can also arrange, of course, the ever-popular US 30-year fixed interest rate mortgages in US dollars for our British clients - as well as other US and UK financing options which can be tailored to the borrower's specific needs.
Caution and flexibility, of course, are the watchwords these days!
5) New Free "Florida Property Bargains" E-Mail Alert
Space and time prevents us from detailing all of the almost unbelievable Florida property values now coming to our attention.
We have therefore decided to publish a new 'Florida Property Bargains Alert' for active British and Irish property investors who do not wish to wait for our regular newsletter.
Please reply with 'add me' in the subject field or follow these 2 simple steps:
1) Click the update profile/email address at the bottom of this email
2) Select the 'Florida Property Alerts' checkbox and click the 'submit' button.
We will then alert you to Florida's growing selection of unusually attractive property bargains - just as soon as we become aware of them!
In conclusion, may I and my colleagues at the British Homes Group wish you and yours a most enjoyable holiday season and, we hope, a most prosperous New Year - in Florida, of course!
Sincerely,
Christine Doran
General Manager
BRITISH HOMES GROUP
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