Charleston Realtor Jane Dowd -
International Overseas
Buyers Guide
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JAMES ISLAND
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What you need to know about buying real estate in the United States.
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Are you considering
purchasing property abroad or in an area unfamiliar to you? Jane has helped many overseas buyers through the process of buying a home in Charleston. Buying and Selling property in your
hometown can be difficult. There are a lot of details to consider and
it may be helpful to read over the list below and make sure you
are comfortable with your buying and selling decisions before you
sign on the dotted line.
Jane has works with International
real estate buyers and can help you purchase property here in Charleston, SC. Below are some tips that will aid in making your real estate buying experience a
pleasant one.
- Be an informed buyer
- Are there language barriers?
Do you need someone in your country to read and interpret
legal documents you will be signing?
- Familiarize yourself with the
mortgage process. Get pre-approved if possible.
Financing may be difficult in certain situations. Cash
buyers usually do not encounter delays.
- It is may be wise to work with
both an attorney and licensed real estate agent in the state
where you are buying property.
- Expect foreclosure properties to
take up to 6 -9 months or more. One in five short sales
actually close. Thirty days is average for
a normal closing.
- Don't let insurance costs take
you by surprise.
- Consult a tax specialist in your
country.
- The IRS strongly suggests that
you get an ITIN when you buy the property in the U.S . You
can show a copy of the settlement page to get the number issued.
You will need an ITIN number if you should decide to sell or
rent your property.
- Make sure you choose an agent
that meets your expectations.
- How do they return calls and
emails?
- Does the agent's schedule work
well with your schedule?
- How many homes did the agent
help buy or sell a home last year?
- Ask the agent for a referral
from a past client.
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