What are the precautions for buying a new house in America?

First of all, we must find out what kind of house to buy. There are many kinds of houses in the American real estate market, the most important ones are single-family villas, townhouses and apartments. For investors, single-family villas have the most investment value, while apartments have the least investment value. Judging from the changing law of apartment prices in the United States in the past 30 years, the value of apartments will decrease year by year after completion. Because labor in the United States is very expensive, old apartments need to spend a lot of money to maintain, and apartments over 20 years old are basically unattended. However, single-family villas are just the opposite. Although the house is very old, the land where it is located has permanent property rights and the land has been appreciating. I believe everyone can easily understand this truth.

2 area calculation is different from that in China.

The area of American houses is calculated by the area that people can live in, not by the building area. If there is no specialty in the basement of American villas, it will not be counted in the living area, nor will balconies and garages. Human enough! Moreover, the comprehensive price of real estate in the United States can not only look at the simple area price, but also take the housing price near the whole community as the benchmark. Many people buy single-family villas and conjoined villas, and the price of villas is affected by many factors, such as the quality of the area, the number of garages, the area of outdoor garden land and so on. But one thing, for example, when the house is marked as 2,000 square feet (about 200 square meters) and the price is 300,000 US dollars, then this 2,000 square feet must be the actual living area, excluding the garage, balcony, basement, public aisle and elevator.

What are the housing expenses?

1) property tax

Property tax varies from state to state in the United States, and is generally a little more than 1%. The government will make an evaluation price for each house, and then calculate the property tax according to the evaluation price. Many non-professional investors in China have misunderstandings about property tax. In fact, according to 1%, the house price will double after you pay 100 years. In fact, after 100 years, the house price has risen by at least 10 times, and the property tax can be ignored. At the same time, although there is no concept of property tax in China, it only has 70 years of property rights, and the construction cost of the house is only more than 2,000 yuan per square meter, which means that most of the costs are land costs. If you spread the land cost of the house to 70 years, the money you spend is actually much higher than the property tax in the United States.

2) Family insurance

When buying real estate in the United States, people usually buy home insurance. For a 500,000-dollar house, the monthly housing insurance premium is about 100, which is 1200 a year. In addition, states with frequent natural disasters often need additional natural disaster insurance, such as earthquake insurance in California and hurricane insurance in southern cities.

3) Property fees Property fees are mainly for apartments. Generally, villas have no property and are built and maintained by themselves. The property fee is zero or only one or two hundred yuan a year; Developers need to pay special attention to the situation of building new villas, and property fees may be more expensive. The property cost of an apartment is about $3,000 to $5,000 a year. The older the apartment, the higher the maintenance cost and the more expensive the property fee.

4 what factors affect housing prices?

Generally, a single-family villa in the United States has at least three bedrooms, and a conjoined villa has two bedrooms. Of course, the more bedrooms and bathrooms, the higher the price. For the same area, the house price is often proportional to the number of bedrooms, and the price is not calculated by multiplying the domestic area of China by the unit price. In addition, the more garden land outside American villas, the higher the total price will be.

5 the relationship between buying a house and immigration

Generally speaking, there is no direct connection between buying a house and immigrating to America. Foreigners can apply for buying real estate in the United States only by providing identification and a visa to legally enter the United States. Buying a house can be regarded as an investment behavior. But China immigrants all like to buy houses in the United States, or simply buy houses there.