Monday, 12 December 2011

Did you know......?

  • That lenders usually require PMI (private mortgage insurance) only when the buyer is putting down less than 20% of the home’s purchase price?
  • That closing costs are negotiable and can vary by bank and lender?
  • While practising your due diligence you should always review the title of the property? (Certificates of titles are public documents which people can review and look into)
  • you should always  check for environmental hazards such us gas or water leaks?
  • Is expected the further lower prices throughout the US as the recovery in the property market stills seems some way off. 
  • The US is now the 2nd most popular place for overseas investors to buy property?
  • The US its one of the only 3 countries that taxes its residents on world holdings?


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