Large American cities and their suburbs have become quite familiar and familiar to us in numerous films. Even those who have never been to North America, it seems that he spent more than one year there. Perhaps that is why it is far from accident that many of our compatriots are leaving for America to work, study and live. The level of the English language that we get at school is often quite enough. In addition, in the United States you can find a large number of Russian quarters where you can find yourself in the usual environment, and find rare things and products that are rare in Russia and products. Like the purchase of any real estate, buying residential or commercial real estate in America is a very profitable investment. In addition, there are no restrictions on the acquisition of real estate of this country by foreigners. The only existing restriction is the acquisition of land in Oklahom, but at the same time it is allowed to buy apartments.
So, having decided to buy real estate in another part of the globe, in a country that has been a model for many countries for many years and gives unlimited possibilities for both indigenous people and immigrants, the first thing to start familiarizing themselves with this existing offers on the market. This can be done without even leaving home, just using one of the many Internet search engines. Having familiarized yourself with the current offers at the moment, you can better navigate in the price range, the main types of apartments and houses that offer in the American real estate market, as well as the areas of this huge country. At the same time, it is worth noting that each region or state will be characterized by both climatic features and features of development and pricing policy. Not to mention the fact that each state has its own specific legislation, which also needs to be taken into account when choosing a specific place of future residence.
The next stage is the search for your official representative in a foreign country, which will become your main consultant and assistants in solving the entire spectrum of issues related to the acquisition of real estate. In our terminology, such a representative will be a realtor. For America, a more characteristic name is a broker. But the essence of this does not change. It is with the help of a broker that you can choose a real estate object that meets your requirements, at real market value, competently negotiate with the seller, find a good lawyer to draw up a transaction and solve a whole range of issues related to the preparation of a package of documents for the purchase of a house and adjacent to it land (if necessary), as well as get acquainted with the characteristics of the legislation and officially enter into property rights. A mandatory requirement for your future broker and lawyer will have an officially license to conduct this type of activity.
The territories most attractive to Russians in terms of acquiring real estate and residence are primarily the lands in the states of California and Florida, in which two capitals of the beach paradise – the city of San Diego and Miami spread out. This choice is explained by very comfortable climatic conditions, chic beaches, extraordinary natural and architectural beauties, as well as a wide selection of various apartments and houses, which are comparable at prices with Moscow, but several times more comfortable and attractive. So at the price of a typical Moscow apartment you can buy a chic house on the coast.
If suddenly the circumstances turn out in such a way that you cannot attend the purchase and sale transaction, the lawyer will be able to draw up all the documents without your direct participation. The only condition will be the execution of a power of attorney to conduct a transaction on your behalf and transfer of funds to a special ruble account of a lawyer. This option at the moment is not possible in all states, but to know about the presence of such an opportunity will not be superfluous. In any case, you should personally attend the territory of the United States during the direct choice of a house or apartment and at the beginning of primary negotiations with the seller. Further can already be entrusted to your representative if you do not have the opportunity to stay longer in the United States.
To make a transaction, you will need to open an account with an American bank so that you can use all the calculations with it.
A brief scheme for the acquisition of real estate is as follows:
Searching for a real estate agency or broker that will represent your interests and the conclusion of an official agreement with them. It makes sense to proceed to this stage, after you have decided which real estate you are looking for, for what purposes, in what price range, and in which state. The cooperation with those real estate agencies or private agents who specialize in the area that interests you will be more effective, since they know all the sold objects and all the nuances of this area perfectly.
Search and conclusion of an official agreement with a lawyer who will provide full legal support for the entire sale of the sale. You can do this yourself or on the recommendation of your broker.
Preliminary selection of the purchased house. With the support of a professional real estate agent and an experienced lawyer, you can start direct inspection of the most attractive houses and apartments for you. When buying a private house in the suburbs, it is very important to pay special attention to the work of all the main engineering systems, the lack of water in the basement and in the attic, the condition of the garden plot and the pool (if any), as well as how the repair work has long been carried out. The possibility of cosmetic repairs at the expense of the seller can be further written separately in the contract of sale.
Negotiations between the seller and the buyer with the participation of lawyers representing the interests of both parties. The cost indicated by the seller in the initial announcement is far from always the final. In America, you can very easily bargain a discount of about 10-15% of the requested cost. In addition, at the negotiation stage, you can stipulate the moment of temporary removal of your you like, in order to avoid the appearance of alternative customers. Of course, this is not profitable to the seller, but with the right approach and competent negotiations, it is quite possible to achieve this. It is worth noting that the average cost of the house in the United States, according to the beginning of 2013, is 180,800 dollars, which with the value of real estate in Moscow, is not so expensive.
The conclusion of a preliminary contract of sale and the introduction of a pledge, which is 10% of the total value of real estate, which is transferred to a special trust account of your lawyer. It is worth noting that the current price or apartment can be sold in the preliminary contract is indicated by the buyer. And to agree with this proposal or not, this is the seller’s case. Provided that there will be a lot of buyers, of course, the seller will choose an offer with the highest cost, but you always have a chance to reduce the price. It is important to preliminarily, together with your realtor, conduct an analysis of the real market value of the purchased object and indicate, indeed, an acceptable price for the house. After concluding a preliminary agreement, you can proceed to the execution of a mortgage loan, if necessary. At the same time, the large amount of the initial contribution you have, the best conditions for the loan will be provided to you. Foreigners have every right to request a loan in one of the American banks on a common basis with indigenous Americans.
Conducting various inspections and verification procedures, including legal examination of the acquired real estate object, as well as drawing up a special insurance contract that guarantees you the lack of problems in the future. In the preliminary contract of sale, those responsible for conducting each of the procedures are separately stipulated, and the results of such an audit or inspection are duplicated for the seller and the buyer. The main checks include the following: assessment of the general condition of real estate with fixing visible defects, verification of the legality of ownership of these property and the absence of pledged obligations to the bank, evaluate the market value of the purchased house or apartment (necessary in the case of a request from the bank for the purchase of housing).
The final signing of the contract of sale, the transfer of the full amount of funds to the seller’s account, the execution of the property on property in the state register. In the final contract of sale, specific terms of entry into property are stipulated.
Additional expenses when purchasing an apartment include not only the cost of housing itself and the payment of remuneration to your broker and lawyer, but also a mandatory tax fee, which differs depending on the state.
The presence of real estate in America gives you advantages in registering a visa not only in the USA, but also to the Schengen countries, as it is a direct confirmation of your financial stability.
Having bought a house or apartment in America, you can fulfill your own “American dream” and become part of a completely different world.
In conclusion, I would like to say a few words to those who plan to acquire real estate in America not with the aim of directly living there, but with the aim of investing funds and profit. If you plan to resell the house you bought in the future, having previously made a good repair there and ennoble the personal plot of land, then it is important for you to know that you have the right to do this no earlier than in the year of official ownership of this property. A year is a minimum period that varies towards an increase depending on the state. In addition, such an ambulance will be accompanied by additional taxation. The only way to avoid paying additional taxes is the acquisition of another real estate object immediately after the sale of the first. In the event that you plan to do the rental business and rent inexpensive apartments, for example, immigrants, it makes sense to purchase a whole apartment building. This can be done in inexpensive areas of large cities. After a small repair, these apartments will bring you a stable income and will allow you to quickly extinguish the loan taken in the bank. Reselling and renting purchased real estate is only a small part of the possible business in America. The purchase of commercial real estate is also very profitable here, thanks to significantly lower prices for such areas than in Russia.
So, almost every average Russian can afford to acquire real estate in the famous Graz country, where the most cherished dreams are fulfilled. After all, here you can find yourself a second house that meets your needs and budget. Do not be afraid to change your life for the better!