FINANCING
Many Canadians take out a line of credit in Canada to purchase their new U.S. home but there are also more and more U.S. companies that are lending to Canadians.
Please request a list of companies that do so.
Your lender will provide you with a Pre-Qualification letter that needs to be submitted with your purchase offer.
CASH
Again many Canadians take out a line of credit in Canada to purchase their Arizona property with cash.
To submit a cash offer you need to show “proof of funds.”
A photo-copy of account or accounts that contains the funds to purchase the property is sufficient.
IMPORTANT NOTE!!!!
Please consult a Cross border tax accountant.
Accountants in Canada may not necessarily be familiar with U.S. taxes, so talk to an expert in both.
If you’re buying an investment property, it’s a must.
Please ask for recommendations.
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If you’d like to learn more about DC Ranch or Grayhawk real estate, or have properties emailed to you, please call me directly at 602-620-2277 or click here.
Diane Brennan
DC Ranch & Grayhawk Realtor
dianeinstates@gmail.com
602-620-2277
dcranchrealestate.com