Hi, I would be grateful if you could offer me some advice. I would like to purchase a house in the USA and I have found a property which I am interested in. The thing is I live in London and I just wanted to know how difficult it would be for me to close the deal. I have the cash in hand so I won't be needing mortgage. Also how long do you think it will take to complete the transaction. I would be very thankful if you could get back to me. Warmest regards.
Renting & Real Estate - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You should be able to complete the deal within a week. This mainly just for your own protection so that the title company has time to insure you purchase a home with a clear title and no liens on it. While not required, it would be advisable to purchase home owners insurance on the property and this may take a few days.
2 :
If you have a friend here they can find a lawyer to act for you. I would user a lawyer even when I am here.
3 :
There is great advantage in being here. There are many houses on the market and you are in a good position to get one at a good price. There will be no difficulty in closing the deal. You may dicker for a substantial discount.
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