Wednesday, June 07, 2006

Foreign Buyers Can Use Mortgages in Own Currencies

Lloyds TSB, a banking giant in Britian and Asia has introduced its "mulit-currency mortgage" to several states in the US and countries across the world. Foreign buyers will now be able to buy and sell real estate in different currencies. Today 8,000 Britians own homes in Central Florida mostly in Polk and Osceola counties. By offering this option makes it easier for the British as well other foreign buyers to purchase real estate in Central Florida. Courtesy Orlando Sentinel 6/7/06.