http://personalfinancehowto.com/real-estate/cyprus-houses-145.php Mon, 21 May 2012 17:57:58 +0000 http://wordpress.org/?v=2.3.3 http://personalfinancehowto.com/real-estate/cyprus-houses-145.php#comment-133 Theme: Cyprus Houses Sat, 31 Jan 2009 02:07:41 +0000 http://personalfinancehowto.com/real-estate/cyprus-houses-145.php#comment-133 [...] Random Feed wrote an interesting post today onHere’s a quick excerptPurchase To Let LandlordsSo what’s a newbie Landlord to do? Paid too much for a Cyprus properties, tenant’s rent not even covering the interest on the mortgage and property prices prone to slip a dismal 30% or so over the next 5 years… is it harakiri time? No! There IS a way out, a way so obvious you’ve probably overlooked it.Sell the property. Simple, huh? In theory yes, but not in practice. Right now, NOTHING is selling. Solution? DROP THE PRICE. You may have to take a 15% or 20% loss on the p [...] […] Random Feed wrote an interesting post today onHere’s a quick excerptPurchase To Let LandlordsSo what’s a newbie Landlord to do? Paid too much for a Cyprus properties, tenant’s rent not even covering the interest on the mortgage and property prices prone to slip a dismal 30% or so over the next 5 years… is it harakiri time? No! There IS a way out, a way so obvious you’ve probably overlooked it.Sell the property. Simple, huh? In theory yes, but not in practice. Right now, NOTHING is selling. Solution? DROP THE PRICE. You may have to take a 15% or 20% loss on the p […]

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