SELECTION OF REAL ESTATE FOR PURCHASE OR RENT IN THE USA

Renting housing in the USA

According to information from the Internet, citizens spend a lot of money even to buy a small room.

There are many reasons why someone would rather rent a home than buy one. The main reasons they choose to rent include not having enough money for a down payment (38%), not having a high enough credit rating (32%), and the coronavirus pandemic (31%). Then you have those who are not interested in owning their own home right now (19%).

Even if you’re not interested in owning your own home right now and prefer renting, you don’t have to continue living in such cramped quarters. You can always rent a house! Renting a home gives you the benefits of owning (more space, a yard, and privacy, to name a few) without having to worry about repairs or being stuck in the same place for decades

Therefore, you should contact our company if you need the following services:

• Viewing housing at any convenient time for the client
• An opportunity to meet with the owner of the apartment and house one-on-one, and discuss all the nuances of further renting
• Full support when concluding a lease agreement, this is the preparation of all documents
• Provision of a large number of possible options for concluding a lease agreement

Therefore, a number of factors will influence the choice of the best real estate option and the value of the such real estate, including:

• Location (which city is this and where exactly in the city will the building be located)
• Area, number of rooms
• Absence or availability of furniture and necessary equipment

Regarding the term of finding such housing

This term is up to 3 days, depending on your requests and preferences

Rent of commercial real estate

Commercial real estate includes restaurants, hospitals, schools, shopping centers, etc. Here are some interesting attributes of commercial real estate.

The lease of this type of real estate is of a long-term nature. This allows commercial property owners to demand more rent, providing a more stable and higher income.

Commercial real estate requires a large down payment, almost 20% of the purchase price, and property management costs are significantly higher.

Reit (real estate investment trusts) and crowdfunding allow property buyers to invest with a lower down payment.

Every commercial property is rented and managed differently. Even the prices of this type of property are very dependent on the income it brings.

Buying a home in the USA

Anyone can buy and own real estate in the United States, regardless of citizenship. There are no laws or restrictions preventing individuals of any foreign nationality from owning or buying a home in the United States.

In fact, many foreign nationals purchase vacation homes in the United States, and there are many wealthy foreign investors who purchase investment properties such as condominiums or apartments, single-family homes, and even commercial properties such as shopping centers. So, whether you’re a beginner looking for a two-story home for you and your family, or an investor interested in vacation real estate, there are several resources and options available to you.

You may be wondering if you can buy a home with an FHA loan if you are not a US citizen. In most cases, you can apply for an FHA loan if you provide proof of your permanent residence. However, to be eligible for an FHA loan, the home you intend to buy must be your permanent residence and not a second home or vacation residence.

The purchase of a commercial real estate in the USA

• is a question that interests not only businessmen but also investors who want to earn a large stable passive income.

Making a suitable purchase and selecting a suitable object is a difficult and time-consuming process that requires knowledge, time, and effort.

Today, for the purchase of the commercial real estate, various types of commercial objects are offered, which include the following:

• warehouse buildings;
• offices;
• business centers;
• trading platforms;
• shops;
• complex buildings.

Before purchase, all these objects are checked for the presence of foreclosures, mortgages from the owner, and a number of other undesirable factors. Thanks to this, buying commercial real estate is always a safe investment.

Buying land in the USA

The land has the same legal status as real estate, and under US law, non-US citizens can buy real estate in the US because no citizenship is required to sell real estate. In fact, foreigners can even qualify for a mortgage if they meet certain requirements. However, foreign property owners face a more complicated tax situation than US citizens

Property tax in the USA

Non-residents will be taxed at the source at the rate of 15% of the gross proceeds from the transaction unless the non-resident has a special withholding exemption. A motion to dismiss must be filed with the IRS in advance of the sale date to obtain an exemption certificate (Form 8288-B Statement of Withholding Certificate for Foreign Dispositions of U.S. Real Property). A lower rate of 10% applies to disposals of property valued at less than $1 million that was acquired as personal property.

Also, state tax

Depending on the state, state tax or tax liability may be withheld.

• Renting residential real estate in the USA
• Lease of commercial real estate in the USA
• Purchase of residential real estate in the USA
• Purchase of commercial real estate in the USA