Hi Nevena. There is no such thing as a stupid question. Actually you're very smart to be asking these questions before making an international investment. I agree with others who answered that a Realtor familiar with representing international buyers is your best bet. A Realtor with an international designation will have a team together who can advise you about legal issues, tax consequences and money exchange issues. Also, a Realtor in the U.S. who is a member of the International Consortium of Real Estate Associations (ICREA) can put you in touch with a real estate broker in or near your area of Europe who can communicate and facilitate the purchase with the U.S. Realtor in a way that is most understandable and beneficial to you.
To answer your question about a stable association - the Realtor you choose will obtain the association documents including their past and projected budget as well as rules and regulations. Questions can be asked about their reserves for emergencies, percentage of rentals, number of foreclosed units, etc. Your closing of the transaction will be contingent upon satisfactory answers and review of the documents. The number of days for closing that you mentioned can vary with the situation involved. If financing is involved for international clients, 60 days may be more realistic. If cash, then 30 days or less is possible and likely.
I hope this answers your questions. You picked a great time to invest in property. Good luck on your ventures!
Darla Schroeder, Realtor, GRI, e-PRO
Certified International Property Specialist Candidate
Transnational Referral Certification (TRC)
Century 21 Real Estate Champions
4350 Duhme Road
Madeira Beach, FL 33708
Cell (727) 541-3743