Finance and Mortgages

Our team includes a Florida Mortgage Business Broker. Guidance will be provided on the best finance solutions for your American property purchase.

After choosing a property, you will normally pay a holding fee (usually between $2,000 and $5,000) to secure your home. Where the purchase is subject to a mortgage, there is a 30 day period to pay a 10% deposit (minus holding fee) and to sign and return the contract. Where properties are in particular demand, the deposit may be 20%. The balance of the money due – including closing costs – must be paid at least 4 working days before completing the purchase. All legal documentation is dealt with by the Title Company.

Subject to status, mortgages can be pre-approved for purchases in America, thereby providing assurance before travel. Closing is the American term for completion of the purchase. The Titled Company will prepare a preliminary HUD, the term for a breakdown of all closing costs associated with the purchase. Realtor costs are always paid by the seller.

CONTACT US: -

• Find out the steps and strategies for successful financing of your purchase.
• Find out what you can afford.
• Find out what your monthly payments will be.
• Find out the best rates.
• Find out whether a sterling or dollar mortgage is best for you.