7 Tips for Buying Your First Home in the U.S.

1. Let's prepare to prove who you are

You do not need to obtain citizenship, green cards, or a specific type of visa before you buy a house. But you need:

Individual taxpayer identification number required. This is the number assigned by the Internal Revenue Service to foreigners who need to file income tax returns.

Two or more current photo ID cards such as a valid foreign passport or a driver's license need to prove him / her.

Ownership is not related to entry and visa qualifications, but there are rules on the period during which they can stay. Therefore, if you are not a citizen, please check your US visa requirements before you buy.

7 Tips for Buying Your First Home in the U.S.

Plan to acquire a mortgage loan

That way you do not have to save money for years to build fairness as a home owner. In the US mortgage market a number of safe and affordable mortgages are provided, including making Muslims purchase houses without paying interest against Islamic law against paying interest.

To acquire a US mortgage, you need to establish credit and earn a good credit score. To raise the score:

Open a US bank account and credit card account.

Please report all your income to your final return form. The lender confirms your income and uses the final return to determine the amount you can borrow to buy a house.

When the time to apply for a mortgage came, the major banks that are developing business globally have experience working with foreign buyers and tend to establish processes to confirm credit in other countries.

Cooperate with accredited international real estate specialists

Make sure that REALTOR® is a Certified International Property Specialist (CIPS) and you are experienced, training and educated to support foreign birth home buyers. An experienced real estate lawyer or position attorney can also help you protect your interests.

Please tell her real estate agent how to make home purchase process in your home country and explain the custom of home buying in the US to identify the differences. Even within the United States, there are regional differences in how people buy and sell houses. Knowing how the house is sold here and finding out what to expect during the deadline, inspection, and negotiation process will reduce your stress and you will be able to make a difference in your first house It helps to get.

4. Not shocked by casual attitude

An American casual attitude towards real estate buying and selling is a by-product of a relaxed American business culture. Real estate contracts must be written, but the process of signing a sales contract may be more informal and casual than your home country.

5. Convert unit

You will be able to more accurately estimate the size of the room and the house during shopping by converting from standard US measurement to metric or metric converter application.

Find people who can translate

If you are not fluent in English or prefer to speak in your native language, please select inspectors, mortgage companies, and fluent REALTORS® in your language. It is possible to obtain translated copies of standard real estate documents, but you will have to sign the English version during your home purchase.

Create a financial plan for your home

Consider all real estate related costs as home owners, including property tax, homeowners insurance, and maintenance fees. Since you set up a financial plan for your home, you know how much money you should reserve for ongoing expenses.

Find your own home with Real Estate Agent in your area

Real Estate Agent in Oakland

Oakland real estate agents

Real Estate agent in Oakmore

Real Estate agent in Temescal

Real Estate agent in Rockridge

Real Estate agent in Saranap

Real Estate agent in Berkeley Hills

Real Estate agent in Berkeley

Real Estate agent in Burton Valley

Real Estate agent in Lafayette

Real Estate agent in Walnut Creek

Real estate agents in Moraga

Real Estate agent in lamorinda
Real Estate agent in Downtown Lafayette

Real Estate agent in Downtown Lafayette

Real Estate Agent in Oakland
Oakland real estate agents
Real Estate agent in Oakmore
Real Estate agent in Temescal
Real Estate agent in Rockridge
Real Estate agent in Saranap
Real Estate agent in Berkeley Hills
Real Estate agent in Berkeley
Real Estate agent in Burton Valley
Real Estate agent in Lafayette
Real Estate agent in Walnut Creek
Real estate agents in Moraga
Real Estate agent in lamorinda

Universal Blog | Latest Technology Trends

Search This Blog

7 Tips for Buying Your First Home in the U.S.

Comments

Post a Comment