How to buy real estate in America
Today, buying a home in America is no longer something extraordinary and available only to the chosen few.
Real estate in the U.S. is purchased based on entrepreneurial expediency and for those for whom vacation in this country seems the most attractive.
The stereotypical assumption that this is a very complicated business no longer works. Buying real estate in a country where it is easy to get a residence permit or a visa is relatively easy.
If you follow certain rules, the purchase and sale transaction will occur very quickly and per all safety and security requirements. Still, you should know that having property in this country will not make obtaining a residence permit any easier, but the visa will be issued almost without hindrance.
The purchase of real estate in the U.S. are subject to certain restrictions; each state is different. For example, you will never be sold the right to own land in Oklahoma, but buying an apartment will go smoothly.
Let's look at buying a home in New York State.
First, you should choose an agent by reading homelight reviews from realtors https://www.fastexpert.com/blog/homelight-review/ who will negotiate the purchase of the property. The agent will have to contact the seller or agent to listen to a price proposal and the criteria for executing the purchase agreement. As a result of the negotiations, the purchase price will be established, as well as the terms of the transaction and the terms under which the deal will be executed. The seller's side usually prepares the contract of sale.
The following documents must be attached to the contract from the seller's side:
Certificate of Title to the property;
document of official valuation of the property;
insurance policy;
certificate of tax payment;
mortgage or mortgage deeds;
paid utility bills;
various permits for the use of the elevator,
swimming pool and other utility equipment.
In addition, some states require foreign nationals to obtain a property permit.
In this case, the buyer will be required to have the following documents:
an application;
Various financial documents (tax returns, documents from your bank, documents of loans, and others).
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