How to Buy U.S. Real Estate with the Personal Property Purchase System

How to Buy U.S. Real Estate with the Personal Property Purchase System
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A Canadian Guide
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Artikel-Nr:
9781118300244
Veröffentl:
2012
Einband:
E-Book
Seiten:
480
Autor:
Kimberley Marr
eBook Typ:
EPUB
eBook Format:
Reflowable E-Book
Kopierschutz:
Adobe DRM [Hard-DRM]
Sprache:
Englisch
Beschreibung:

HOW TO BUY U.S. REAL ESTATE WITH THE PERSONAL PROPERTY PURCHASE SYSTEM If you are thinking about buying real estate in the United States, either as a vacation property or an investment opportunity, this book provides you with comprehensive yet easy-to-understand information. Kimberley Marr, a Canadian real estate broker, has teamed up with a group of cross-border legal and tax professionals, mortgage specialists and U.S. real estate brokers each with years of experience. The Personal Property Purchase System outlines processes and considerations when purchasing property in the United States. U.S. destinations, especially in the Sunbelt, are popular choices for Canadians who are looking for a vacation/second property or investment opportunity. Statistics show that Canadians have been among the largest foreign groups of buyers of U.S. real estate. Price, accessibility, strength of the Canadian currency and similarities in culture are the primary reasons. But, you must keep in mind that the U.S. is a different country, with different laws. You need to be aware of these laws and comply with them. How to Buy U.S. Real Estate highlights important considerations in deciding what you want in a U.S. property, in what location and at what price. You will learn about Canadian and U.S. mortgages, titling options, foreclosures and short-sale property, medical and other insurance needs, currency issues, and much more. "e;Put the Personal Property Purchase System to work for you. It will provide you with valuable information and help you make the decision that is right for your personal or investment strategy."e; PAMELA ALEXANDER, CEO RE/MAX Integra Corporation "e;Kimberley Marr has demonstrated outstanding cross-border knowledge as a real estate broker, and has written a terrific primer that is a must-read for all Canadians looking to buy U.S. real estate."e; DAVID ALTRO, Attorney, Managing Partner, Altro & Associates, LLP "e;A well-written and thoughtful guide to purchasing U.S. real estate. The tools and checklists are so helpful that I plan to use them for my next home purchase."e; SUSAN INEZ POSKUS, President, Thomas C. Roberge & Company
HOW TO BUY U.S. REAL ESTATE WITH THE PERSONAL PROPERTY PURCHASE SYSTEMIf you are thinking about buying real estate in the United States, either as a vacation property or an investment opportunity, this book provides you with comprehensive yet easy-to-understand information. Kimberley Marr, a Canadian real estate broker, has teamed up with a group of cross-border legal and tax professionals, mortgage specialists and U.S. real estate brokers each with years of experience. The Personal Property Purchase System outlines processes and considerations when purchasing property in the United States.U.S. destinations, especially in the Sunbelt, are popular choices for Canadians who are looking for a vacation/second property or investment opportunity. Statistics show that Canadians have been among the largest foreign groups of buyers of U.S. real estate. Price, accessibility, strength of the Canadian currency and similarities in culture are the primary reasons. But, you must keep in mind that the U.S. is a different country, with different laws. You need to be aware of these laws and comply with them.How to Buy U.S. Real Estate highlights important considerations in deciding what you want in a U.S. property, in what location and at what price. You will learn about Canadian and U.S. mortgages, titling options, foreclosures and short-sale property, medical and other insurance needs, currency issues, and much more."Put the Personal Property Purchase System to work for you. It will provide you with valuable information and help you make the decision that is right for your personal or investment strategy."PAMELA ALEXANDER, CEO RE/MAX Integra Corporation"Kimberley Marr has demonstrated outstanding cross-border knowledge as a real estate broker, and has written a terrific primer that is a must-read for all Canadians looking to buy U.S. real estate."DAVID ALTRO, Attorney, Managing Partner, Altro & Associates, LLP"A well-written and thoughtful guide to purchasing U.S. real estate. The tools and checklists are so helpful that I plan to use them for my next home purchase."SUSAN INEZ POSKUS, President, Thomas C. Roberge & Company
Foreword xi1 The Opportunity 12 Creating Your Personal Purchase Plan 93 Let's Talk about Mortgages 294 Only in America, You Say? 455 How to Hedge Exposure to Currency Risk 516 How to Set Up Your Budget 597 Key Considerations Regarding Location 658 How Long Can You Stay in the U.S.? 719 Ownership Options and Estate Planning 8110 Nonresident Estate Planning 9511 What You Need to Know about Tax Filings, Gains, and ForeignTax Credits 10112 You're Prepared and Ready to Buy: Now What? 11113 How to Buy Distressed Real Estate 13514 Medical Insurance 14915 Renting Your Property 157Epilogue 167Appendix 169Acknowledgements 171About the Author 173Index 175

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