Home Buying in Los Angeles>Question Details

Edvinas, Home Buyer in Santa Monica, CA

I want to purchase a house in LA with cash from an offshore account. Can I do that?

Asked by Edvinas, Santa Monica, CA Thu Jul 17, 2008

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4
Hi Edvinas,

I have worked with Buyers that have offshore accounts and it depends on several things, such as the downpayment, loan amount, credit, citizenship, identification of who owns the offshore accounts and evidence of the monies there.

So to answer your question, it is a 'YES', provided the above mentioned items have been identified. This is not difficult and I hope this has helped you somewhat.

Best Wishes,
Web Reference: http://www.YonaBello.com
0 votes Thank Flag Link Thu Jul 17, 2008
Most Realtors will ask for proof of liquid funds. If you can provide that and find the right home I think your good. I would have US funds for the Good Faith Deposit.

Good Luck!!!
0 votes Thank Flag Link Thu Jul 17, 2008
I don't see why not--it is green, has dead presidents on it, and isn't laundered, right?!
Web Reference: http://www.TerraBruns.com
0 votes Thank Flag Link Thu Jul 17, 2008
I don't see why not....it is green, has dead presidents on it, and isn't "laundered", right?? :) I would be happy to help you with that!!
Web Reference: http://www.TerraBruns.com
0 votes Thank Flag Link Thu Jul 17, 2008
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