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Investing in Real estate United states of America by foreigners

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kamalapurkar

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I am an Indian national residing in India . Is it possible for me to invest in real estate in USA

Is it legally allowed.

Regards

S D Kamalapurkar

email---kamalapurkar@netscape.net
Question refers to Talus St, Chula Vista, CA 91911
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October 05 2008 - Southwest
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Michael Delgado, "michael_delgado"

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Hello,

Thank you very much for your question. It is possible to buy in the USA if you are foreigner. Usually you have to put a substantial down payment (anywhere from 35%- 50%) Foreigners used to be able to buy with 25% down, but since all of the changes in our economy in the USA the banks are tightening their requirements to loan money. For more up to date information it would be best to speak to a mortgage lender. If there is anything else I can do to help please let me know. Thank you very much!

Regards,

Michael Delgado
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October 06 2008
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Michael Delgado, "michael_delgado"

Real Estate Agent

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Hello,

Thank you very much for your question. It is possible to buy in the USA if you are foreigner. Usually you have to put a substantial down payment (anywhere from 35%- 50%) Foreigners used to be able to buy with 25% down, but since all of the changes in our economy in the USA the banks are tightening their requirements to loan money. For more up to date information it would be best to speak to a mortgage lender. If there is anything else I can do to help please let me know. Thank you very much!

Regards,

Michael Delgado
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October 06 2008
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Michael Delgado, "michael_delgado"

Real Estate Agent

View my 1 listings
Contributions: 4

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Hello,

Thank you very much for your question. It is possible to buy in the USA if you are foreigner. Usually you have to put a substantial down payment (anywhere from 35%- 50%) Foreigners used to be able to buy with 25% down, but since all of the changes in our economy in the USA the banks are tightening their requirements to loan money. For more up to date information it would be best to speak to a mortgage lender. If there is anything else I can do to help please let me know. Thank you very much!

Regards,

Michael Delgado
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0 Yes

October 06 2008
 

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