It is common practice there and half of all Australian's homes are paid off because of this, while in America we are convinced to do things a different way and end up paying 2 to 3 times the amount we borrowed for our homes over 30 years.

I leave this rental I have excess positive cash flow around $700/month after expenses.The new purchase contract is just above 1 M and I am pre-qualified/pre-approved by bank of america leaving current primary as rental.

We use Clear Title America for everything we do Nationally.

In particular would be great to connect with others in the Miami/FL community as well as people with experience in foreign investing (I have interest in South America for long term value creation).  

There is a property in my area that is owned by Bank of America.  

If I am assuming correctly that the townhouse is part of a HOA I would be very afraid of an association of owners of sub $20,000 housing in America.

Look at cities in the 20-100most populous in America.

New member-I have listed Florida as my home base but that is only because we will be living in South America next year and MIA is a relatively short flight from Peru.My short term is to learn everything about real estate I can.

happy Homeownership America.

I actually used one of them to help close a deal with bank of America.