How to buy a house in the United States

Buying a house in the United States does not require a criminal record check or a check on the source of funds, so as long as you have a mainland passport and can remit money to a transfer lawyer or a custodial account of a transfer company to buy a house in the United States, you can buy a house.

If you look at the materials and procedures required to buy a house in the United States, you will know that mainlanders can buy a house in the United States.

1. Required procedures:

1. You need to have a bank deposit certificate, either from China or the United States. Some require a US dollar deposit certificate, and the account is opened in Hong Kong and the United States. . This is something only a few do. For example, some developers in Irvine do this with their new homes.

2. A passport is required.

3. Exchange the U.S. dollars. There is an annual currency exchange and remittance limit of US$50,000 per person, so prepare in advance. Now check Bank of China and Immigration Company. It doesn't matter if the house price is low, but if the house price is high, you just have to find more friends to help.

4. Document signing. Quotes, purchase documents, and transfers all require signatures.

5. Authorization from the embassy. You must go to the consulate for authorization. Stars and Stripes Real Estate us-house has a standard sample of authorization letter.

2. How to pay:

1. First exchange the US dollars. There is a limit of US$50,000 per person per year, and you can find relatives and friends to settle the limit.

2. For houses on the market: earnest money, deposit, house payment, and transfer fees are all remitted to the transfer company or transfer attorney.

3. Developer’s house: to the developer.

4. Just transfer money online. Transfers can be made from any bank.

5. In the postscript column of payment, the English name and house address of the buyer must be written clearly as shown on the passport. Both are indispensable.

3. How can I buy American real estate without going to the United States?

You need to go to the U.S. Embassy or Consulate for transfer authorization and notarization.

Because I am not present, when buying a house in the United States, you must obtain authorization, which means authorizing a third party to transfer the house. Generally, you authorize a transfer attorney or transfer company to transfer the house. Go to the U.S. embassy or consulate for authorization and notarization. The fee is generally 50 US dollars, and some are 300 yuan. Cash payment is required.

To transfer authorization, you need to make an appointment on the local website of the U.S. Embassy or Consulate. Fill in your personal information and the option to make an appointment is: notary service. After filling it out, download and print it. You need to bring it with you when making an appointment.

You need to bring the appointment authorization letter: the embassy appointment authorization printed page, the original passport, 300 yuan (some vary), and a witness. The witness also needs to bring the original passport.

The authorization letter needs to be written by an American brokerage company and sent to you first. If not, you can ask Stars and Stripes Real Estate Company to get it. Bring the authorization letter from the American company. The embassy notarization needs to stamp and stamp it.

After the power of attorney is issued, the original copy needs to be sent to a U.S. brokerage company so that the lawyer can transfer the ownership.

Of course, the house payment must be in place before this.

4. Simple house purchase process:

1. Quotation. A scanned copy of the first page of your passport, bank deposit certificate, quotation, and earnest money are required. Generally, the agency or brokerage company will send the quotation to you. After signing, you can scan and send it back. The earnest money is remitted to the custody account of the transfer attorney or transfer company. This account is like Alipay and is usually frozen. Earnest money generally ranges from US$1,000 to US$10,000.

2. Negotiate price. You can also view the property before making an offer. At this time, the agent will usually go to see the property. If the house is not good, you don’t have to buy it. If the house buyer is satisfied, the price will be negotiated between the two parties. Repairs including minor problems are generally the seller's responsibility.

3. Remit deposit. Generally it is 5~10% of the house price

4. Property rights survey and house inspection. The conveyancing attorney will conduct a title search. If there are problems or disputes over the property rights, the house cannot be purchased. Buyers will get a very detailed home inspection report, usually a dozen to dozens of pages, full of photos of details that are in bad condition. Very detailed.

5. Pay the balance and transfer the ownership. The problems with the house are not major and small problems can be ignored. At this time, you need to pay the balance. The payment can be remitted by someone else, as long as the buyer's name and house address are clearly written in the postscript column of the remittance. The conveyancing attorney or conveyancing company will know who bought the house and what house they bought.

To buy a house in the United States, you can go to Stars and Stripes Real Estate us-house to learn all about buying a house