The process of buying a house in America can be divided into the following steps:
First, determine the city and area where you want to buy a house.
Different cities and communities have different housing prices. The house price near a good school district will be more expensive than that in an ordinary school district, while the house price in a city near the sea will be more expensive, and the newly developed city will be relatively cheaper. Do your homework before buying a house.
Second, choose a broker.
There are countless real estate agents in every city in America. They are more professional and experienced in real estate. A good broker not only has extensive information, but also can find a suitable house according to his own needs. The service provided by the broker to the buyer is free. Generally, the seller pays the commission of the brokers of the buyer and the seller. There are many real estate agents in America. In order to provide customers with the best service, the brokers recommended by North American House Purchase Network have undergone strict screening, and they are all gold medal real estate agents with the best local reputation.
Third, pre-trial loans
You need to fill in the buyer's financial statements. According to your financial situation, the broker will advise you to ask the loan company for a loan pre-approval letter. You can choose your own loan company or shop around to find the most suitable one. The purpose of the loan pre-approval letter is to determine your house price ceiling. The buyer's financial statement or loan pre-examination approval letter is one of the annexes of the quotation contract.
Affected by the housing crisis in the United States, foreigners without green cards simply cannot get loans from any big banks. North American House Purchase Network has a good cooperative relationship with some small banks. With a down payment of 40%, you can get a loan with an interest rate of 5%-6%. As the interest rate has been fluctuating, it is necessary to consult the bank for the latest loan interest rate.
Fourth, choose a house to see the house
The broker will find a suitable house for you according to your requirements. If you are satisfied, you can drive yourself to see the surrounding environment and conduct the primary election. Pass the primary election, and then let the agent show you inside.
Verb (abbreviation for verb) sign a contract
Choose a satisfactory house, and the broker will analyze the market, help you determine the asking price and prepare the quotation contract. In addition to the price deposit, the broker will also advise you to choose some additional terms to ensure that you can legally terminate the contract and get the deposit back when necessary. The seller may reject your offer or give you a price. You can refuse the counter-offer or raise the offer. If both parties reach an agreement, the contract will be signed and come into effect.
Sixth, check the house
In California, besides house inspection, termite inspection [$95] and repair cost [$500] are often done. The terms are valid for 7 days. Within 7 days, the buyer has the right to cancel the contract or ask the seller to pay the maintenance fee for any unqualified inspection. The broker will recommend you a reputable certified inspector. After the inspection results come out, the broker will check for you, point out which are the responsibilities of the seller and negotiate with the seller for you.
Seven. pay
It is troublesome for non-Americans to borrow money to buy a house in the United States, and it is generally recommended to buy it in cash. Many people can remit money many times, and the remittance amount per person is $50,000 a year. If the house is $300,000, it is generally no problem to remit money to the United States in the name of six people.
Eight, buy insurance
According to California law, buying a house must buy fire insurance, and the insurance premium for buying a house is 600- 1000 dollars a year.
Nine. Handover and transfer
Transfer ownership in a government-registered real estate notary office.
Ten, move.
The last step of the transfer is that the seller gives the key to the buyer, and the buyer can move after the transfer. Contact the hydropower company 4-5 days before the transfer and ask what to do. Call again on the day of transfer to confirm that the water and electricity will be transferred to the buyer's name. Some companies want you to provide the meter number, while others will read the meter themselves. Telephone, TV and Internet services may need to be reserved 10 to 20 days in advance, and moving companies or car rental companies also need to make an appointment two weeks in advance.
The above is the relevant process of buying a house in the United States, hoping to help you understand some details of buying a house in the United States more specifically. Before buying a house overseas, investors should know more about the local purchase information and related policies, and then make investment after careful consideration.
(The above answers were published on 20 15- 10-22. Please refer to the actual purchase policy. )
Sohu Focus provides you with comprehensive information on new houses, second-hand houses, renting houses and home improvement.