International Overseas Buyers Guide

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Charleston Realtor Jane Dowd - International Overseas Buyers Guide


What you need to know about buying real estate in the United States.

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Are you considering purchasing property abroad or in an area unfamiliar to you?  Jane has helped many overseas buyers through the process of buying a home in Charleston. Buying and Selling property in your hometown can be difficult.  There are a lot of details to consider and it may be helpful to read over the list below and make sure you are comfortable with your buying and selling decisions before you sign on the dotted line.

Jane has works with International real estate buyers and can help you purchase property here in Charleston, SC.  Below are some tips that will aid in making your real estate buying experience a pleasant one.

  • Be an informed buyer
  • Are there language barriers?  Do you need someone in your country to read and interpret legal documents you will be signing?
  • Familiarize yourself with the mortgage process.  Get pre-approved if possible.  Financing may be difficult in certain situations.  Cash buyers usually do not encounter delays.
  • It is may be wise to work with both an attorney and licensed real estate agent in the state where you are buying property.
  • Expect foreclosure properties to take up to 6 -9 months or more.  One in five short sales actually close. Thirty days is average for a normal closing.
  • Don't let insurance costs take you by surprise.
  • Consult a tax specialist in your country. 
  • The IRS strongly suggests that you get an ITIN when you buy the property in the U.S .  You can show a copy of the settlement page to get the number issued.  You will need an ITIN number if you should decide to sell or rent your property.
  • Make sure you choose an agent that meets your expectations. 
    • How do they return calls and emails?
    • Does the agent's schedule work well with your schedule?
    • How many homes did the agent help buy or sell a home last year?
    • Ask the agent for a referral from a past client.

Feedback from you will be invaluable, so please provide comments and suggestions to make the site more useful, more navigable, and more responsive to your needs. Ariel would like to answer your questions. Email and/or if you have a few seconds, please answer these questions below so we can meet your needs quickly. Thank you…


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