Opportunities for foreign real estate investors have increased over the last few years due to the strength of foreign currencies against the U.S. dollar and no shortage of deals in the market. California still has one of the strongest economies in the world. The quality of life and the warm weather make this state a popular place to buy a vacation home that would previously have been considered out of reach; or an investment property that will translate into savvy investment down the read.
If you're a foreigner, there are many reasons why you should invest in the U.S. real estate market now:
- Weak US dollar has given you a lot of leverage over the bargaining table
- High inventory allows for greater options, better price and more favorable terms and conditions
- Foreign real estate investment in the United States is open to everyone. As long as you can afford to buy the property or at least comply with the mortgage requirements and payments, you can secure for yourself a pretty good property in the U.S.
- U.S. state government supports foreign investments and along this line has formulated various tax breaks to encourage foreign investment on real estate. Many of these tax breaks are not available in many countries.
- Despite the devaluation of the US dollar and the wide foreclosures of a lot of property, the real estate market remains to be stable, though slightly shaky, due to foreign investors' capital appreciation.
- The current economic situation of the United State provides the perfect chance for you to make an investment.
- Mortgage financing is available.
Investing in real properties in the United States can be profitable especially during these times. In fact, it may be the wisest and most perfect investment you can make right now. Contact me for a free consultation.
Greg Stange Realtor ®
Coldwell Banker Real Estate
Top 4% Worldwide
245 Lytton Ave, Suite 100
Palo Alto, CA 94301
Office - 650.752.0815 / Fax - 650.322.3606
Email - greg.stange@camoves.com
Website - www.gregstange.com
Broker believes this information to be correct but has not verified this information and assumes no legal responsibility for its accuracy. Buyers should investigate these issues to their own satisfaction.
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