Publications
Loan Procedure
The financing process for Foreign Nationals
The entire consultation given in advance is without obligation and at no cost. The intense exchange of information is important so that a) the process of buying your dream house can be planned optimally and b) we can advise you individually and personally with as much detail as possible. [Read More]
Beginning steps for financing Foreign Nationals
Once you have found your dream house after several trips, numerous viewings, and days of negotiations and got it under contract you will most likely wish you could move in right away, furnish it, set it up nicely, rent it out, vacation in it ... right? [Read More]
Loans for Foreign Nationals in Florida: Important provisions regarding “equity”
In general you should expect an equity requirement of 30% when financing in Florida plus capital acquisition costs, reserves and contingencies. The exact amount this comes out to in your specific case is a moving target and we will be happy to determine this for you in advance, so that you can run through different scenarios for your US financing and precisely plan for your capital
requirements. [Read More]
The most important day when buying property - the Closing
The equity of the buyer is placed in an escrow account by the title company or the attorney. If you utilize financing through a U.S. bank your lender will transfer the loan funds to that escrow account. The seller will transfer the property to you via a deed, the keys will be handed over. The title or the attorney will arrange the registration of the ownership change and the mortgage in Florida. The seller will simultaneously receive the purchase price minus the closing costs and possible open credits. [Read More]