Are you an international investor? Real estate is one of the wisest and safest investments you can make in the United States. In fact, international buyers purchase more than seven percent of all residential properties sold today in the U.S. If you’re thinking about purchasing real estate in the Dallas-Fort Worth area, it’s essential to have the guidance and direction of an experienced Dallas real estate attorney. These are just a few of the reasons why international investors are buying residential property in the United States:
- The U.S. puts few restrictions on international investors who buy U.S. properties. In fact, many invest here because of the restrictions in their home nations.
- According to the Association of Foreign Investors in Real Estate, the U.S. is the largest, most stable housing market anywhere in the world. Investors risk little when they purchase properties here.
- Residential properties are a hedge against inflation. As a home’s value typically surpasses the inflation rate, a home is almost always a wise investment.
- A considerable variety of properties is available in the Dallas-Fort Worth area and in virtually every other U.S. market. You’ll also have plenty of options for obtaining a mortgage loan in the U.S. without major difficulties or aggravations.
Both purchasers and sellers of real estate in the Dallas-Fort Worth area should understand that Texas requires the seller(s) of a residential property to disclose any specific defects or general problems with the property. The law protects real estate investors as well as families simply looking for a good home. Some lenders also now require international homebuyers to have a U.S. Social Security number or an individual taxpayer ID number.
When you purchase real estate in the Dallas-Fort Worth region, have the counsel of an experienced Dallas real estate attorney. Your attorney will look out for your best long-term interests and make certain that every aspect of the transaction is compliant with both state and federal law. If you’re actively looking at properties, or if you’re only thinking about purchasing real estate in Texas, make the call right away to an experienced Dallas real estate attorney.