Anyone can purchase property in the US.....including foreign investors like yourself. With the current real estate market being a "buyer's market" we are experiencing an increase of foreign buyers that view this as a real opportunity.
We just sold to an Irish gentleman, who is currently traveling back and forth, enjoying being in the US and running his business in Ireland. If you are going to be looking for financing, the banks here will require between 30 and 40 percent deposit on the purchase.
If you are considering purchasing "foreclosure" properties banks will require proof of funds in the event you are a cash buyer or a letter of approval for financing from the bank if borrowing to make the purchase.
Your best way to begin the process is to identify an agent that will lead you through the buying process. In the States the "seller" pays for this agent's commission, while you recieve the benefit of expert services. We would be delighted to have one of Buffalo's top agents be in touch with you, if you desire. Please feel free to contact us via email or telephone.
Susan & Bill Eckler, GRI
Michael Saunders & Company
2008 Five Star Award for Outsatanding Customer Service