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YKF
Joined: 15 Aug 2007
Posts: 6
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 Posted: Wed Aug 15, 2007 2:41 pm Post subject: could the bank loans for investing buying properties abroad? |
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| real estate agent red -sea -hurghada-egypt |
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words_that_live_on
Joined: 01 Sep 2007
Posts: 4
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| Posted: Sat Sep 01, 2007 4:22 pm Post subject: could the bank loans for investing buying properties abroad? |
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| The banks loaned Enron money to invest abroad. Some went to jail . |
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acermill8241
Joined: 18 Sep 2007
Posts: 3
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| Posted: Tue Sep 18, 2007 6:03 pm Post subject: could the bank loans for investing buying properties abroad? |
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| The banks COULD, but they won't. They have no desire, at least for individuals, to loan monies on properties overseas. The difficulties involved with a foreclosure, should one occur, are more than the banks desire to work with. |
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Landwatch.com
Joined: 14 Jan 2008
Posts: 5
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| Posted: Fri Jan 18, 2008 6:08 am Post subject: |
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| It is easier for the banks to finance a business company. However, when it comes to individuals there are risks which the banks aren't ready to take. Though you can always try to get money from a bank in the country you are investing. These banks usually have special lending rates for foreigners. |
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