My favorite escrow officer has told me that there is no problem with a foreigner purchasing property with cash, but then if they ever wanted to sell, the foreign owner would have to have ID and a social security number. cj www.cjholmes.com
CJ helps buyers lock in profits, maximizes sellers' net proceeds, and works extensively with real estate investors. Her wise guidance literally means more money for her clients, and comes from years of personal investing experience, and hundreds of transactions. This last market collapse has driven her to develop mathematical models designed to predict the future of real estate prices.