There are many properties to be found all over the world. Many people like to have their own Holiday Home in or around their favorite vacation spot. We have the connections through ICREA and our TRC colleagues to assist in locating that perfect Holiday Home for you. Purchasing property in other countries can be difficult depending on the professionals working for you. We can assist you in locating good professionals to assist in the international process. Not only professional real estate agents but also money transfer specialists, attorneys, tax specialists, care takers, etc.
International Beach Front Properties
- International Beach Front properties are becoming more and more in demand. There are some exotic and reasonable beach destinations available all over the world perfect for that dreamy holiday home, retirement villa or beach rental income property. Inviting, diverse and laid back cultures are to be found. A beach front property is an excellent way to capture that wonderful vacation experience and maintain it for yourself and your family.
- Buying property in other countries can be difficult and fraught with fraud. We would highly advise to work with a professional Transnational Referral Certified (TRC) specialist such as our Team members to assist in your property purchase. We are connected to a network of specialists who are all members of the ICREA. We will be able to assist in putting together the right people to make your beach front property dream come true.
- International Penthouses are becoming more and more in demand. There are some exotic and thriving metropolitan destinations available all over the world perfect for that excellent place to have a high powered business meeting or a sanctuary in the sky high above the hustle and bustle below. The extraordinary views are best described as “Unique!”.
- Buying property in other countries can be difficult and fraught with fraud. We would highly advise to work with a professional Transnational Referral Certified (TRC) specialist such as our Team members to assist in your property purchase. We are connected to a network of specialists who are all members of the ICREA. We will be able to assist in putting together the right people to make your penthouse dream come true.
- There are many incredible estates to be found around the world. They are varied depending on location and th elocal culture, from Dracula's Castle in Romania to a private island in the South Pacific. The world is your oyster. We can assist in locating one perfect for you and your desires.
- With the new Global Economy we are in a age of retirement extravaganza. The world is your oyster. Many people from abroad are retiring here to the USA with the mild weather areas of Hawaii, Florida, California and Arizona. The medical facilities and shopping are excellent. Traveling to and from is reletively easy with many international airports easily accessible.
- Some Americans are retiring out of the country in tropical paradises of the Caribean, Costa Rica, Panama and South East Asia. If it is your desire and you can, why not?
- We are here to a help. Purchasing property out of your familiar local area can be difficult and fraught with fraud. We have a network of good professionals around the country and the world who can provide the finest personal service for your retirement real estate needs.
- Resorts make fabulous Holiday Homes and Retirement Properties. They are generally found by the beach or alpine locations. Most have residences you can buy as a whole or fractional ownership. They make for good rental income investment properties when you are not using them. It is also convenient going to your own place and not having to pack all of those "extras", they're already there.
Buying property Internationally can be stressful and culturally challenging. It is very important to have Professionals working for you, for your interests. Our Team at Sea 2 Sky Residences is here to help you through the process. We assist our clients in connecting with the right professionals to locate and purchase or sell property. Our Professionals can assist in locating the following:
The Buying Process consists of several steps. We have a proven system of success when working with our Buyers.
- Locate the property
- Negotiate the offer- offer accepted
- Open escrow- Send deposit to escrow officer- arrange for inspections
- The First 3 days we are able to review the Disclosure Statements provided to us by the Listing Agent from the Seller
- The first 14-17 days of the escrow is the Discovery period. This is when we conduct any and all inspections we deem necessary to substantiate the value of the property. Any discovered defects we will have an opportunity to renegotiate. This will usually be in the form of a credit back or a reduction on the purchase price
- If we are obtaining financing, during the first 14-17 days of the escrow the lender will be obtaining an appraisal by a licensed appraiser and processing all of the required documentation for the loan.
- Once all contingencies have been met the deposit is usually increased to 3% of the purchase price and the contingencies are removed in writing.
- A few days before we close escrow we will be having a “Signing” appointment with the Escrow Officer. They will have all of the docs prepared to transfer the title upon close of escrow. Remember to bring your ID with you to this appointment. You will also arrange with the Escrow Officer to transfer into the escrow account the balance of the money to close escrow
- The day we close escrow is the day you receive the keys for your new property
The Buying Process can vary dramtically from country to country. Truth in advertising laws do not necessarily apply abroad. Contact us to arrange your private consultation to discuss how we might be able to assist you.
Money Transfer and Exchange
A key factor in international real estate is how to transfer the money over and how to get the best exchange rate. We have partnered up with MoneyCorp to facilitae this efficiently and economically for our clients if they do not already have a transfer/exchange service in place. Purchasing property here in the USA, our beloved IRS would like to see the sourced funds with a 2-4 month paper trail. It can be complicated. We have professionals we can recommend to help facilitate this.
To see the latest money exchange rates visit www.moneycorp.com.