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Things Canadians should know when Buying Property in the US
Are you a foreigner looking to purchase a real estate property in the US? Not sure what implications it might have on you? Well, read the blog written below by Dan Pittsenbarger. He goes into detail about how to obtain financing, what ramifications foreign sellers have when they sell properties they own in US (FIRPTA).
There are a few things Canadians should know when buying homes or other real property in the United States including Bellingham WA in Whatcom County. There are more things to know but below gives one a decent understanding of the key basic factors involved for Canadians to purchase, own and sell homes and other real property in the U.S.
First off, there are not any laws preventing a Canadian from buying and owning property in the United States. I'm frequently asked by Canadians if they can buy real estate in the U.S. The simple answer is "yes". All immigration laws must be followed but a Canadian can buy and own real estate in the U.S.
The most common obstacle on the buying end for a Canadian purchasing property in Bellingham or anywhere in the U.S. is getting state side financing. For Bellingham or Whatcom County, Washington Federal (WA ... more
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