Sunday, May 22, 2011

Buying Real Estate Property_4

Over sea investors are flocking to Canada to snap up cut priced houses through the entire country. The Canadian dollar is also at an all time low which, combined with the floating exchange market, makes home prices even more affordable compared to other countries.Distressed properties are common as are rundown homes in need of refurbishment. Both overseas and national investors are making a tidy profit on their investments, many of them short term.The government encourages international investors and has made the purchase procedure simple and as long as you conform to mortgage loan regulations and mortgage repayments are met then you are welcome to invest in the country.

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Source: http://www.pinky-violence.com/international-business-news/buying-real-estate-property_4/

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