Saturday, November 1, 2008

How to buy US Properties

Buying a real estate in US is not a new deal if you are from France or any other country. You will really feel that it's great to buy a property in either Florida or California. It would really be nice if we have one condo in Sonoma county or even better if we book a lakefront or beach front houses. I assure you that US is such a vast country that you can find any type of climate and property which you can find nowhere else. I can easily let you know the whole process but you will be fooled if you are not told about the present economic crisis. However I will insist that you better keep this crisis away while reading this article. The only thing which we can hope is that the crisis ends as soon as possible.

Leaving apart the economic crisis, you will find all kinds of properties in US. Either it is condos, single family house or double family house. Either it is lakefront or beachfront house; all kinds are present in US. I assure you that there are very few countries in the world which are as good as US. Either it's the heat of Colorado Desert or the chill of Florida beach; you cannot find any property which can be stated as useless. The population of US is very intelligent and you can expect that none of them makes a property which is not good.

I have been in most parts of US and it's my general feeling that either its Chicago or Texas, I can't find any place which can be stated as useless. However I must tell you that the real estate team is very popular in US. In fact every four deals out of five are finalized by real estate agents. According to the rules of US government it's mandatory to hire real estate in most of the states in US. There are some steps for you.

1.Hire the real estate agent and tell him about your choice. The real estate then gives you a list of real estate properties which is according to your choice. You will have to check one property from all of them.

2.Once you finalize the real estate property, the real state agent then meets the seller from your behalf and find out whether he is ready. The real estate then informs every aspect of the deal to you and then asks you to finalize the deal.

3.The real estate agent then asks you to get your finance ready.

4.Once you are ready, he prepares an agreement with the help of lawyer and also arranges a meeting between you and the seller.

5.Its now on you to to sign the agreement and once the agreement is signed you will have to give an amount as a down payment and the rest of the money can be paid according to what has been written in the agreement.

In this way the deal is finalized and you are able to buy a property in US. However these days the market is very down and every one is facing problem. However it will be according to every ones profit that this lean period ends.

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