Can international students buy a house in America?

Can buy a house, the following is the process:

1. Must have legal identity and visa.

2. Choose the appropriate area, environment and room type: including the advantages and disadvantages of school district, convenient transportation, public facilities, neighbors and community environment.

3. Choose the right broker: the broker introduces the house and chooses the house. Unlike China, in the United States, if buyers want to buy a house, the first step is to find a housing agent, that is, a housing agent, because in the United States, even new houses are sold through brokers. Intermediaries with international students will be professionals who still have contact with international students before, during and after buying a house.

4. Budget the cost of buying a house: In addition to paying the down payment, you have to pay various handling fees and service fees. Before buying a house, let the buyer's agent or bank loan officer of overseas students estimate various expenses, including transaction fees, title deed insurance, lawyer's fees, house inspection fees, apartment management fees, house insurance fees, property taxes, etc. These expenses should be paid or paid off before the final house transaction.

As the average China person does not have a green card and a credit line in the United States, it is impossible to get a loan, so they can only pay in cash. However, property buyers can discuss with the broker to pay cash several times, as long as the broker agrees, there is no problem. Subsequently, the buyer needs to fill in the relevant forms according to the requirements of the broker. At this time, brokers often ask buyers to deposit about 5% of the house price in a third-party notarization custody company to show the sincerity of buyers. If the sale fails, the deposit will be refunded in full, unless otherwise agreed in the contract. In addition, unlike China, although it is necessary to pay the broker a commission of up to 6% of the total house price, the buyer does not have to pay this money, and usually the seller pays this commission.

5. Fill in the bidding contract for house purchase and pay the deposit check.

6. Deposit the deposit check into a third-party notary trust company (open custody) and start work.

7. Do house inspection: After the American house purchase agreement is finalized, not doing house inspection in order to save money sometimes makes international students spend more money. Qualified housing inspection professionals will find many problems that ordinary buyers can't see. The next formal sales contract is based on the satisfactory results of the house inspection. If hidden problems are found, foreign students have the opportunity to cancel the purchase agreement or renegotiate with the seller.

8. Ask for maintenance

9. Review the housing results report; Review and sign the notarized trust letter; Review the preliminary report of the owner (property right); Review termite inspection report

10. Buy insurance at home: if you buy enough insurance at home, the insurance company broker will answer the concerns of international students and suggest specific insurance items and premiums according to the situation of international students.

1 1. Buy a family protection plan. Buy a protection plan of several hundred yuan a year, which can cover minor repairs, including the warranty of water and electricity systems.

12. Closed custody of notarized custody.

13. Final delivery inspection

14. Data registration