If you want to purchase property in New York firstly you will
find a broker and look at property listings based on your needs. Most of the
buyers choose to buy a condo because condos generally cost at ten percent more
than co-op, the buyers owns the property outright and can make decisions
without approaching a board. Buying into a co op means many
decisions like who can live or lease the apartment, whether repairs or
additions etc need to be approved by co-op board Brooklyn estates attorney. If
you want to obtain a loan as foreign buyer is extremely difficult because buyer
usually has no credit history in U.S bank, so bank cannot access how risky it
would be to lend money.
If your buyer is
willing to put down half of purchase process in cash then banks can also lend foreign
buyer. A Brooklyn estate lawyer will
check in periodically to make sure everything regarding loan is on track. The
team at amarralaw corporate clients and individuals on immigration matters,
business transactions and litigation’s .They will provide you regular updates
and thorough explanations regarding all services available.
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