Have you ever dreamt of a small house in the Pacific Ocean coast, in which you would relax with the family while on a trip to the U.S.? Or a small bungalow in the Gulf of Mexico? Or maybe you would like to buy an apartment in Manhattan or in Brooklyn? This would be not only a prestigious acquisition, but also a profitable investment.
Today, a dream comes true! Buying property in the United States is becoming more affordable and profitable. You do not have to live in the United States or be a U.S. citizen in order to make a purchase, for you it can be done by real estate agents, lawyers, financial institutions, insurance companies, that will help you to acquire and maintain your property in the U.S. very easy and without unnecessary operations.
However, in order to become the owner of an apartment in New York or a California home, you need to have enough money and to know the peculiarities of American law and nuances inherent each state.
In most cases, the foreigner gets the right to purchase real estate in America. In order to do this, you need to formalize a number of important documents and strictly adhere to the norms of the federal and local laws. For searching and acquisition real estate, registration of documents and preparation of tax documentation it is recommended to involve experts who know the local laws. Incidentally, in the U.S. there are a lot of Russian-speaking lawyers.
You should begin by reviewing the proposed choice of an object. Then, choose the specific agent (broker), who will help you in the proposed housing choice and will represent your interests from the beginning of search till buying. You can also purchase a house remotely without being present physically in the United States. In many states deal on real estate is issued by attorney in the U.S. Embassy (consulate) in your country.
If you want to buy a property on credit, then you need to open an account in a U.S. bank. If you buy for cash, then it is not necessary. You import a specific amount of money in the United States (no more than $ 9,999), which is not taxed because the buyer of real estate is not a U.S. taxpayer.
After that real estate purchase agreement contract is concluded and the transaction is recorded. After object is selected, the realtor prepares a proposal for a price. It is a standard contract prepared by state real estate associations. Realtor fills the papers, and after the signing of the buyer sends them to the seller. If a proposal for a price is accepted, then the next stage is the conclusion of Contract to Purchase Real Estate, between the seller and the buyer, accompanied by a realtor. Required party of a deal is a specialized agency, so-called Title Company, and Escrow Company or Closing Attorney. They check legally the whole deal, verification and certification of documents. Also, further verification is carried out by Physical Inspection.
For more information, visit our website http://www.usimmigrationapplication.org/work-business/buy-us-real-estate-property
