canadian investors american mortgages: Toronto Investors Buying Florida Real Estate - 04/26/08 10:11 PM
Canadians are buying American real estate in droves.The rapid descent of the dollar against the loonie (Canadian dollar), combined with the drop in American real estate prices is bringing more and more Canadian investors across our northern border in search of investment riches.
From the Globe and Mail:
You may want … (1 comments)

canadian investors american mortgages: When Will US Banks Stop The Bias Against Canadian Investors ? - 04/26/08 10:06 PM
Canadian investors have been enjoying the parity between the loonie and the dollar.  I've written about how savvy Canadian investors are snapping up prime California real estate at a 30% discount from last year.  Essentially, the 20% drop in real estate prices, combined with the strong loonie, allows a Canadian investor … (0 comments)

canadian investors american mortgages: Can Canadian Investors Get a Mortgage in the U.S. A. ? - 04/26/08 10:02 PM
Can a Canadian investor actually get a mortgage in America?  The answer is yes.  There are higher downpayment requirements and the documentation can be onerous.  For Canadians who wish to buy an investment property, the downpayment requirement is usually 35%.  Canadians who want a vacation home may need as little … (0 comments)

canadian investors american mortgages: Documentation Needed From Canadian Citizens Seeking a Mortgage in the U.S. A. - 04/26/08 10:00 PM
Canadians are looking to buy American real estate.  The loonie is at parity with the dollar and American housing prices are down some 20% from 2005. That presents quite a bargain if a Canadian is looking for a vacation home in America.  We've talked to over ten Canadians in the past … (0 comments)

canadian investors american mortgages: How Calgary Residents Get a Mortgage in the U.S.A. - 04/26/08 09:55 PM
Canadian investors have been flocking to the California coastline and Arizona desert to buy prime American real estate at a bargain.  The strong Canadian dollar, while inopportune for Canadian manufacturing firms, is giving Calgary investors built in downside protection when they buy American real estate.  I explain that here: 
In … (0 comments)

canadian investors american mortgages: How Vancouver Residents Get a Mortgage in the U.S.A. - 04/26/08 09:52 PM
Canadian investors, seeking American mortgages, may be in for a shock when "shopping".  The American mortgage banking and brokerage system is different than the Canadian banking system.  In Canada, there are 5-7 major banks or lenders and a variety of mortgage brokers.  Both lenders and mortgage brokers, in Canada, are … (0 comments)

canadian investors american mortgages: Arizona Properties For Calgary Investors (Financing Available) - 04/26/08 09:48 PM
Western Canadians are buying real estate in Arizona.  There are four reasons for this modern day land grab: 
Crude oil and minerals have led the commodities price surge, world wide.  Western Canada is rich with both minerals and crude oil.   While the Western United States is experiencing a housing-led recession,  … (0 comments)

canadian investors american mortgages: Arizona Properties For Vancouver Investors - 04/26/08 09:43 PM
Canadian investors are buying Phoenix, Arizona homes faster than the mercury rises in direct Arizona sunlight.  We have helped over a dozen Canadians secure mortage financing for Arizona properties. 
Arizona real estate broker, Greg Swann, reports that his listed properties are being viewed by Canadian investors because of his strong … (0 comments)

 
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