Mayfair Foreclosures
Mayfair Group – Will $35 Billion To Local Housing Help Detroit Real Estate?
Mayfair Group – Will $35 Billion To Local Housing Help Detroit Real Estate?
Investors of Detroit Real Estate could benefit from billions in government funding slated for local housing. The Obama administration is considering committing up to $35B to help state and local housing agencies provide financing to low and moderate income families.
Government operated housing finance agencies have struggled during the downturn and this funding could provide much needed relief.
These agencies are not major players in the world of lenders, but they are critical to many first time and low income home buyers.
If this was to mat erialize, it would be huge for Detroit real estat e investors. With a large inventory of bank foreclosures and a job market where starting salaries are low, homebuyers lining up financing will provide a welcome opportunity for those who can provide affordable housing.
Detroit real estate is one of the best kept secret s in the country, the foreclosure crises allow you to but cheap houses, rehab quickly, and rent with great cash flow, provided you have good property management in place. An added bonus would be to sell your property to a first time homebuyer and make money while helping someone realize their dream of homeownership.
About Mayfair Group
Mayfair Group has developed a unique and simple way for investors to capitalise on the Global Real Estate downturn.
We Specialise in hands free investments that can provide investors Gross Yields of up to 25% per Annum. Our Investment properties offer up to 50% equity from day one thus giving our investors strong return on investment.
Mayfair Group. Reg. No. 6609354. Registered in England. Registered Office: Berkeley Square House, 2nd Floor,Berkeley Square, Mayfair, London, W1J 6BD, United Kingdom www.mayfair-group.com
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CINCINNATI Foreclosures, HUD Owned Home for Sale – 8356 MAYFAIR STREET, 45216
