It is worth noting that foreigners buying residential properties in the United States has nothing to do with applying for a green card or naturalization. Some domestic investors who don't understand the content are sometimes misled in this respect, but having a fixed residence can also help you apply for a green card or naturalization.

Many China buyers also buy properties through the EB-5 investment immigration program of the US government, which is considered as a quick way to get a green card. Becoming an investment immigrant in the United States generally requires investors to personally manage investment projects and directly create 65,438+00 employment opportunities.

Buying a house is not necessarily related to immigration. In addition, if the investment project fails or it cannot be proved that its project directly or indirectly provides 10 job opportunities, the green card will make a clean break with the investment.

The role of real estate agent

In the United States, 95% of real estate transactions are completed through brokers. When you decide to buy a house somewhere, it is very important to hire an experienced real estate agent. A good broker can not only help you complete all the necessary procedures related to the transaction, but also remind you of unexpected problems to avoid future troubles.

Budget the cost of buying a house

Besides the down payment, you have to pay various service charges. Ask your buyer's agent or bank loan officer to estimate various expenses before buying a house, including transaction fee, title deed insurance, lawyer's fee, house inspection fee, apartment management fee, house insurance fee, real estate tax, etc. These fees must be paid or paid before the final house transaction.

Because ordinary China people don't have a green card in the United States, they don't have a credit line, so most people can only pay in cash. However, the buyer can discuss with the broker several times to pay cash, as long as the broker agrees, there will be no problem. Subsequently, the buyer needs to fill in the relevant forms according to the requirements of the broker. At this time, brokers often ask buyers to deposit about 5% of the house payment into a third-party notarization trust company for trust to show the sincerity of buyers. If the sale fails, the deposit will generally be refunded in full, unless otherwise stipulated in the contract.

In addition, unlike China, although the broker needs to pay a commission as high as 6% of the total house price, the buyer does not have to pay this money, and the seller usually pays this commission.

See the house in person

You'd better see the house yourself. Many old houses need to be repaired, some of which are invisible on the surface, and even less visible in pictures, unless those houses with very new ages (such as those after 2005) are better. Don't buy a house, there are still many repairs to be done, which will be very sad. Labor and material costs in the United States are very expensive, for example, the cost of roof replacement is about 30 thousand dollars, and the cost of air conditioning is 65,438 dollars+0,000 dollars.

Bargaining should be appropriate.

You can bargain when buying a house in America. However, some buyers in China are willing to bargain, which makes the other side feel insincere and thus loses the opportunity. Real estate experts said that the real estate market in the United States is relatively mature and the information is open, so the houses for sale will not be priced at will. Therefore, when bargaining, you can negotiate with the broker to bid without significantly reducing the price.

The purchase procedure is cumbersome and needs to be gradual.

Compared with buying a house in China, buying a house in America is more troublesome. Buying a house in the United States generally goes through the procedure of 18 (including the loan part): 1. Discuss purchase requirements with real estate agents; 2. The bank or loan company shall provide the loan qualification audit certificate; 3. Apply for a formal loan pre-approval letter; 4. Choose the area and type of house you want to buy; 5. The broker introduces the house inspection and house selection; 6. Fill in the house purchase bidding contract and pay the deposit check; 7. Deposit the deposit cheque in a third-party notary trust company (open custody); 8. Do house inspection; 9. Ask the seller to repair; 10, review the house selection result report; 1 1, review the report of the owner (property owner); 12, review the termite inspection report; 13. Buy family insurance; 14. Lock the loan and sign the loan information; 15, delivery inspection; 16, bank lending; 17. Transfer (the buyer obtains all the documents of property right transfer from the seller), and the buyer pays all the balance and delivers the key; 18, moved into a new house.

Property tax collection

In the United States, all kinds of taxes levied on the possession, disposal and income of real estate are collectively called property tax. Property tax is levied in all 50 states in the United States. Property tax is the main source of income for local governments in the United States and the main means to balance local budgets. Once you become a homeowner, you need to pay real estate tax to the local government every year.

Therefore, it is certainly no problem to use the house for self-occupation. If you rent it, you will have a stable income as long as you choose a good location. However, if we continue to "rent" the house in China, and wait for the house price to rise and "speculate" the return, we must consider it clearly. Of course, this possibility is not without, but investors need to have a particularly keen eye.

Current house purchase appreciation

The recovery of the US real estate market in the past two years has brought about a sharp rise in housing prices in many areas, especially those areas that are particularly favored by China buyers. From the perspective of long-term investment, entering the American housing market is a rare opportunity. Among them, the main factors mentioned are that American housing prices have bottomed out and become stable, interest rates remain at a low level, and the RMB tends to depreciate. Domestic investors with financial resources can regard American real estate as a tool for long-term strong profits.

For California, the place with the largest number of Chinese in China has many houses with long-term investment value. These satellite cities where Chinese gather or are familiar have a good quality of life, equipped with high-quality schools, high-grade commercial service areas and perfect infrastructure. Experts believe that as long as the choice is proper and the cost of buying a house is well controlled, buying a house in these areas has a long-term appreciation opportunity.