im not a us citizen but am looking to purchase property in new york...can you please tell me about purchasing property in the us. what are the extra?

Dan0811
Home Buyer
Melbourne Drive, Nas...

costs eg taxes, legals etc...also what is the story with getting a loan in the us. if i put say 50-60% down is it possible to get a loan for the balance...please let me know

Answers (3)
Rebecca Chambli...
Agent
Palos Verdes Estates,...

You''ll need proof of your downpament in US dollars likely. When you purchase, there are closing costs and then ongoing property taxes. You should first speak with a lender to verify you are eligable for a loan and what the terems are and once approved can find a property. It's a fantastic time to buy Real Estate in the U.S.

Tue Nov 10 2009, 07:48
Sam DeBord - Se...
Broker
Seattle, WA

Get in touch with a lender first. We have a lot of Canadians who buy homes here in Seattle. Some are working here, some not. Just get your financing straightened out right away.

There aren't really extra costs when you purchase, but when you sell you'll pay FIRPTA at closing as a foreign buyer.

Web Reference: http://SeattleHome.com
Mon Nov 9 2009, 23:53
Endre Barath,Jr.
Agent
90210
FIRST ANSWER

Hi Dan, please contact me directly at homes@endreBarath.com . I can arrange a good Realtor in NY, just need to know is it in the city? or what part of NY State? Here in California by putting 50% down and as long as you have a green card and a job you can get a loan, depending on what price point at what interest rate.

Mon Nov 9 2009, 23:40

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