Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

Download Table of Contents here.

Sunday, August 12, 2007

Buying property in the US market

The current sub-loan property loans crisis in the US will present a very good opportunity for investors and home buyers to buy property in the USA in about a year. It just so happens that banks tend to expect loan applicants to have a 1-year employment history for loans, so if you have just secured your first job out of university or have saved enough cash for a deposit, then your timing will be fantastic. Appreciate that you will not see the same gains that you have seen over recent years, but there will still be some goo buying.
So if you are 'ready to buy' start getting a feel for market prices because we are going to see some sustained selling by investors as well as foreclosures at the lower end of the market.

You should start talking to banks to find our their terms, and decide the best place to buy, and get an idea of prices. Apartments are cheaper, but appreciate the least because you are buying space in the sky and that doesnt appreciate in value...land does. Ideally you want a shit lot next to a nice suburb. Need to think about where you plan to live. Apartments are more flexible for renting.
I personally make a list of all the things I want in a certain area, then search the street directory, maybe Google Maps looking for those things. eg. kintergarden, schools, shopping malls, you can even think about where the next shopping mall is likely to be built.
Anyway, its the most important asset you will buy in your life...and it really pays if you can get it at the bottom of the market...because yeh property prices might only increase 5% a year in normal market conditions, but its rent-substituting and that 5% on say $300,000, $15,000 of passive tax-free income a year. We are entering a period of high inflation but in a year or two that will feed through to higher property prices when all the surplus property has been sold off.
There will be alot of banks offloading foreclosed properties, as well as investors trying to sell. So if you get the timing right, you can get a bargain. Best to time it, then low-ball a few bids around town, and see if anyone takes one. Banks will readily sell to liquidate bad loan portfolios with little regard for the vendors. Basically the banks are happy if they can just get their money back...so dont expect them to care if the vendor looses equity.
Expect interest rates to squeeze out alot of loan defaulters, so your intent should be to buy about 4-6 months before they have all been liquidated/cleared, and the market starts talking about the lack of foreclosed properties available and buyers start reappearing in their droves. You dont want to wait for the turn around...general market trends offer a better clue to get your timing right. Its the difference between being a price taker and price setter ($40,000). The best time to buy is when everyone thinks the world is about to end...well in a way. Its a little bit different from equities. Property is not a liquid market.

There are alot of online websites like www.realestate.com.au (Australian equivalent) so you dont even need to leave the home. No doubt they are already alot of 'for sale' signs up. Well there are more than you think because banks dont advertise. They have off-site auctions, so see bank websites and follow prices.

PS: It will be interesting to see if bargain hunting in the USA causes remittances to the Philippines by expats living in the USA to dry up. I suspect it will, as there will likely be a weaker peso and higher interest rates in the USA.

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