Monday, February 7, 2011

Foreign Nationals are buying up Florida!

No matter what, Florida will always be the Sunshine State and a top destination for travelers from around the world. When you add that there are more deals to be found than you could shake a stick at, it's not hard to imagine why investors are buying in record numbers.

It is estimated that approximately 33% of all real estate purchases through-out Florida involve a foreign national buyer and only 17% of them require mortgages. The rest are cash but the numbers are quite staggering given that  Florida real estate is hotter than ever.

ACM Financial is once again offering mortgages to foreign nationals, albeit on a limited basis for now.
Currently we can finance to borrowers from European Union Countries, Canada, and Australia at 65% loan to value.
Please visit www.acmhomeloans.com for more information or www.FloridaVillaMortgage.com