Canadian Buying Opportunities in the US

Smart Canadians have been flooding the Palm Springs market again, finding factors in their favor in acquiring Palm Springs properties: Canadians are experiencing  favorable currency exchange rates and Palm Springs real estate prices have been at their lowest in years. 

In order to help, we have put together a team of experienced experts to assist our Canadian neighbors with their purchases in the Palm Springs.  We'll assist you with the entire process, providing the help and knowledge you need when you buy a home in Palm Springs:

• Residential neighborhood experts-  having worked in the Palm Springs market for over a decade, we can help you find the right neighborhood that meets your specific needs.
• Help you with your financing options; providing lender counseling and pre-approvals
• Information regarding property taxes and other particulars associated with owning in the US.
• Property Management and Rental Management information and assistance

The following info will help educate Canadian buyers looking to purchase here in the US:

  The Buying Process

• Contact Paul Kaplan, a professional Licensed California Realtor, to help guide you through each step of the purchasing process and to find your Desert Home
• Unless paying cash, get preapproved with a lender for financing the purchase of your property. Loans for Foreign Nationals  (Most loan progams require 30%  to 50% down for foreign investors.)
• Search for properties. Paul will email you listings that fit your search criteria.
• Prepare and submit an offer for your favorite property. Accompanying each offer will be an average good faith deposit of 3% of the purchase price.If your offer is accepted, Open Escrow to process the transaction.
• Home inspection by licensed professional. You will be given a report itemizing the status of any deffective items discovered about the property. If unacceptable you can either negotiate to have the seller make repairs, or choose to cancel the contract. Inspections cost from $350+ depending on square footage.
• Review title reports, all rules and restrictions, and Homeowner Association information (if applicable) regarding the property. If you do not accept these documents you may cancel the contract within specific time frames.
• Proceed with purchase.
• Sign loan documents, unless paying cash
• Close escrow. Get Keys to your new vacation home!

The purchase process typically takes from 45 to 60 days to process. You don't have to be present at the time Escrow closes.

Additional information sources: 

Exchange Rates   

 Loans for Foreign Nationals 

Information regarding US Visas

To receive more information, please click here to contact Paul to start looking for your home in Palm Springs.

 Paul Kaplan

www.PaulKaplanRealtor.com

760-285-8559

Pacific Union Real Estate

Palm Springs