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No reason for that that I can see. Yet. It was really good when Emma and Jeremy were giving fantastic advice from the ground - the only good advice that I've seen about investing in the USA market for years. But the car crash waiting to happen is the mind boggling naivety coming aboard...

:eek: Are you actually talking about real estate companies and finance companies? And banks? Operating in the USA? Splutter. This thread is like watching a car crash in slow motion. I need to look elsewhere but I just can't help but take another squiz.

Apologies - but you'll have to toughen up to work the USA RE market. No room for feelings. It's all numbers.

Ok. I hear you. I just never came across this in my playground. (CA). And I wouldn't dream of adding any more layers between me and my property.

Hmmm. A sudden flurry of one-time posters gung ho about usaproperty. What - pray tell - is a wholesaler? (Mandy - I lived in the USA for over 20 years buying and selling and have never met a "wholesaler" in my life.). This is just another name for middleman and that's where the cream...

It's a real shame that blatant bribery is starting to take off again.

BofAsinine held our very first mortgage. We finally got rid of them (refinance) and then found that they bought the first mortgage of our second property. Got rid of them again(refinance) and then they took over one of our credit cards. Got rid of that, got another Cc and they bought that as...

Response from an "etc": The whole point of Vegas is to entice gamblers. Those huge lavish hotels charge very little for their rooms, because their profits are in the gambling that their customers do, not the room charge. I just went on expedia for deals and currently you can stay at...

MTR: Rick's piece is pretty accurate. We could invest in the USA again in an instant - we can pay cash, we have all our accounts there, we still pay USA taxes, have a good network of attorneys/accountants and after decades living there we have an inkling of how it all works...

An open mind about a crook and a crooked operation? No thanks. The word "wholesaler" in this scenario is dead giveaway for a start. Please read this - it's entirely directed at soon-to-be victims of property scams. http://www.jenman.com.au/news_alert.php?id=109 Most of my adult...

I was just going to comment that Century 21, the real estate agency, should be ashamed of themselves for associating with such obvious crooks and then realised that this hienous spruiking company is "21st Century" not "Century 21". This is sickening that so many Aussies are being scammed so...

Somehow I don't think Aussies are getting the whole lack of credit thing in the USofpooroldA.

Oh, my goodness Perp, that is hilarious. I just love the little black hole on the right hand side. :D

Good caution. Federal Estate Tax was repealed on Jan 1, 2010. It may be reinstated in 2011 - it's under review. If it's reinstated, I believe it is proposed that the limit may be on estates over $1 million (single) $2 million (married) and taxed at 55%. If it is reinstated, then...

Welcome to the forum and it will be interesting hearing about what you decide to do. In our USA experience title companies require cash or a cashier's check on closing so don't front up with a credit card unless you have made prior arrangements. This has been a really good thread...