Who is taking advantage of the low housing prices? Smart Canadians. In the past few months we have been receiving a number of inquiries from our neighbors in the North, inquiring about purchasing in the Palm Springs area. The strength of the Canadian dollar compared to the US dollar, is added incentive for foreign nationals to invest in Palm Springs, which has been a popular winter playground for Canadians, for years. Recently, my clients from Vancouver were shocked at what they could purchase here for $400,000 compared to what that same house would cost them in Canada. Smart buyers are realizing the values.
To help Canadians understand the process of what is involved with purchasing here, I've put together a page on my website: http://www.paulkaplanrealtor.com/ForeignBuyers.php
We have also lined up lenders that are experienced with the loan guidelines for foreign nationals, in an effort to simplify the process.
For more information, feel free to email me or visit www.PaulKaplanRealtor.com
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