Foreign buyers gobbling up Tampa Bay properties

With years of experience in the Tampa Bay area including fixer-uppers, investment/income properties, REOs, renovation loans, code enforcement issues and foreign buyers and sellers, there’s no surprises. And even if there are, we’ve got this or know someone who can resolve it.

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tntemerson/iStock. Buying a foreclosure home, also known as a distressed property, might seem like a less expensive way to get into your next place. These homes usually sell for a

When Sammy was a child, the family farm was on a sprawling plot of fertile land at the end of a dirt road, long before Tampa’s skyline could be spotted through the property’s western. product or.

"The health of these high-priced trophy markets will in many ways be tied more to global economic forces driving foreign cash buyers than U.S. economic and real estate fundamentals." Cash buyers down.

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The same survey found that Chinese investments in U.S. real estate amounted to $22 billion in the year ending in March 2014, making up almost a quarter of foreign. for buyers purchasing a second.

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"NEW YORK (CNNMoney) – Lured by bargain home prices, foreign buyers stepped up their purchases of U.S. homes by 24% over the past year, according to an industry trade group. The National Association of Realtors reported Monday that $82.4 billion worth of homes were sold to international buyers in the 12 months that ended in March, up from $66.4 billion the year before.

Foreign Buyers of Properties in South Florida Answering your Questions about buying property in South Florida as a non-U.S. Citizen/Foreign National. Answer: Property Taxes are billed Annually in the Month of November and will be estimated at approximately 2% of the amount of the purchase price for your Property.

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