Do you know someone from a foreign country who wants to purchase a home in the United States? I received the information below recently from one of my favorite lenders. It does not only pertain to those buying in Las Vegas but all over the United States. Now is a PERFECT time to buy in Las Vegas though - inventory is high, rates and prices are low.
Many Foreign Buyers are looking to buy in Las Vegas because the exchange rate for money is so good with the US dollar now. That being the case, it is important to know what the basic mortgage loan parameters are for this loans.
For a Foreign Nation loan the borrower must:
If you would like to speak with a lender and see if you qualify for a loan please contact me using my contact information on the right.
www.MaryW.com or www.MaryWarren.com
Las Vegas REALTOR® specializing in representing clients with homes for sale, single-family residences, income property. I work all of Las Vegas, North Las Vegas, Green Valley, Henderson, & Summerlin
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Mary you are AWESOME! Can you get me contact info... I have a buyer from the UK that needs to purchase a home here or land :0)
:) Great to see that Foreign home buyers have options to buy and that realtors are also looking out for foreign home buyers... :)
Realtor Tom Davis - Delaware USA Realtor
Mary - Nice post with very informative information, thanks for sharing.
Good post Mary. We actually just had someone come to our staff meeting last week to talk about this very topic. They said its really not difficult for foreign buyers to purchase housing as long as they have what they need.
Mary - With the recent influx of foreign buyers, this is important to know. Thanks... much appreciated.