Frequently Asked Questions
General
Yes they can, and they also don’t need to be in the United States to make the purchase. Because they don’t need to be in the United States they don’t even need a visa.
Yes we do. In fact we have close connections with brokers in exclusive areas such as Beverly Hills, Hollywood Hills, etc., who have many very rich and famous clients. Such clients often wish to keep their financial transactions private, and therefore ask that their homes are kept off the MLS.
For more information on the MLS please read this article about the differences between selling property in the United States and China.
In the United States there are mainly single-family homes, townhomes, condominiums, and apartments.
About Our Properties
In the United States most brokers’ listings aren’t private, they are shared on a private network that all brokers can search, so asking a broker which homes they have isn’t necessary. Brokers in the United States can search other broker’s properties all over the country. Please read this article about the differences between the way property is sold in the United States and China.
Contact us now and give us your property requirements, such as location, price, size, etc., and we will search all of the United States for properties that match your requirements.
In the United States most brokers’ listings aren’t private, they are shared on a private network that all brokers can search, so asking a broker how much their homes are isn’t necessary. Brokers in the United States can search other broker’s properties all over the country, and can find properties in all price ranges. Please read this article about the differences between the way property is sold in the United States and China.
Contact us now and give us your property requirements, such as location, price, size, etc., and we will search all of the United States for properties that match your requirements.
In the United States most brokers’ listings aren’t private, they are shared on a private network that all brokers can search, so asking a broker where their homes are isn’t necessary. Brokers in the United States can search other broker’s properties all over the country. Please read this article about the differences between the way property is sold in the United States and China.
Contact us now and give us your property requirements, such as location, price, size, etc., and we will search all of the United States for properties that match your requirements.
In the United States most brokers’ listings aren’t private, they are shared on a private network that all brokers can search, so asking a broker how big their homes are isn’t necessary. Brokers in the United States can search other broker’s properties all over the country, and can find properties of all sizes. Please read this article about the differences between the way property is sold in the United States and China.
Contact us now and give us your property requirements, such as location, price, size, etc., and we will search all of the United States for properties that match your requirements.
About Hiring Us
Yes, we always work under a contract. We understand that the risk of buying property internationally can cause our clients a lot of anxiety. We sign contracts with all our clients because it is a sign of commitment and trust, and helps to reduce the risk for all parties involved.
Unless otherwise agreed, the buyer does not need to pay any commission. The common practice in the United States is that the seller pays commission to both the buyer’s and seller’s broker.
About Immigration
No, in the United States owning property and immigration status are not related. You can buy property without a visa, but you need a visa to come to and stay in the United States.
About Partnering With Us
Yes we do. Please contact us for more information about our referral program.
We do some event hosting, but only those that are suitable for our company. Please contact us if you are interested in hosting an event together.
About Mortgages
Yes they can, they are called Foreign National Mortgages, but the application requirements and loan terms are different for foreigners than they are for Americans.
Mortgage rates change daily, and Foreign National Mortgage rates aren’t advertised publicly. Please contact us and we can provide with the most recent rates from one of our partners who provide Foreign National Mortgages.
There are many different types of mortgages available in the United States, but many of them are not available to foreigners.
The amount of down payment required to get a loan in the United States is different for foreigners than it is for Americans. Some Americans can put down as little as 5%, although 20% and above is more common. Foreigners, however, usually need to pay between 40-60% of the loan value.
About Taxes
In the United States property maintenance fees are called Homeowner’s Association (HOA) fees. Most properties do not have HOA fees. HOA fees vary widely.
The two main taxes associated with real estate in the United States are the Capital Gains Tax and the Income Tax. Capital Gains Tax is paid when real estate is sold for a profit. If the sale results in a loss then no taxes are due. Income tax is paid on income generated from real estate, such as rental income.
When real estate is sold in the United States, and the sale results in a profit, then Capital Gains Tax is due. The tax rate depends on many factors.
Please contact us for a consultation.
In the United State rental income is considered regular income and is therefore subject to the Income Tax. The tax rate depends on many factors.
Please contact us for a consultation.