1. The buyer determines the house to be purchased through a domestic intermediary, signs an appointment contract with the domestic intermediary, and pays a certain intention fee.
2. The seller of American real estate confirms whether to sell the house to be purchased. If not, the domestic agency will fully refund the buyer's relevant intention money.
The seller of American real estate signed a purchase contract with the buyer. At the same time, the buyer pays a down payment of about 10% of the house price and deposits it into the lawyer's trust account of the American real estate seller.
4. The buyer contacts a qualified loan bank to apply for a loan (choose a loan bank through domestic agent or other means).
5. After the buyer opens a custody account in a designated bank, signs a custody order, submits loan documents and other documents, he will deposit the balance into the lawyer's trust account of the American real estate seller, end the third-party custody, and change the property right at the same time to complete the purchase.
6. Since most buyers don't live in the United States, most of them will sign asset management contracts with the asset management companies of American real estate sellers to manage asset operations, such as leasing, rent collection and house resale.
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