28.04.2011 - US home scams on the rise: experts warn of deals too good to be true

The number of property spruikers promising to enrich Australians by cashing in on the distressed US housing market has soared in the past six months, with one site offering a US home for the price of a new car in Australia. One website says investors can make "cashflow-positive returns of up to 28 per cent net" through the purchase of US homes..............................................Full Article: Source

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