Detroit Property Investment - Buyer Beware issued by Mayfair Group
Online, February 23, 2010 (Newswire.com) - Detroit Property Investment - Buyer Beware issued by Mayfair Group
Mayfair Group today issues a buyer beware as so many companies are selling Detroit U.S. property. Please check all the following points before investing Detroit property.
1. What track record does the company have in asset management?
2. What experience does the company have in international real estate?
3. Research the company statuary directors and non statuary directors / staff member you are dealing with.
4. Check that the UK Company you are dealing with is a registered cooperation in the U.S.
5. Research the U.S. partners that your U.K. Company is dealing with.
6. Any company that claims that has sold hundreds of properties asks them for evidence to support the belief.
7. Ask for a financial breakdown of cost of the property you are investing as there are many rogue companies making a huge profit from there investor and them leave them in the lurch.
8. Understand how the company you are dealing with can ensure that they can support you with the exit of your investment.
9. Any company that offers you to speak to an existing investor ask them for proof that they have invested in U.S. property as there are companies we have found that get other members of their teams to speak instead of a investor.
10. Any company that guarantees you rental income is operating fraudulently; please check them out with the FSA, if guaranteeing a return of investment if based in the UK.
11. Get a breakdown of all refurbishment work done to your property prior and after.
About Mayfair Group
Driven by the philosophy of adhering to investors' preferences and being recognized as a leading property as well as wealth management solutions provider, Mayfair Group is committed to offering a comprehensive portfolio of value-added services and a better quality of life to its strategic investors across the world.
Our global network across Europe, Asia, North America, Oceania and Middle-East encompasses multi-talented professionals, exclusively dedicated towards providing individual investors and international corporates with the finest properties and specialized services ranging from property and investment management, legal and taxation matters through to asset management solutions.
Mayfair Group works in close coordination with major global realty developers, banks and receivers to promote and market their products on a global platform. With cumulative decades' expertise of its team, the Group today stands like a guiding force, leading the way with projects geared to meet the escalating expectations of the people as well as providing them with expert advice on strategic direction, project management, financings, acquisitions and much more.
At Mayfair Group, each and every project has been strategically formulated in sync with class and deep-rooted individual environmental concerns; thus, providing them with a structured investment advisory process and enhancing their vision of achieving safe and secure investment goals.
For further information please log onto www.mayfair-group.com, email: info@mayfair-group.com or call us on +44 2071833990