Can Central Africans Buy Real Estate in the United States?

1. Can Central Africans Buy Real Estate in the United States? Can Central Africans get a mortgage to buy a house in USA? Yes, Central Africans housing can get a mortgage (borrow to buy a property) in the United States. Many banks/lenders in the U.S. will give loans of up to 50% of the sales price to an international client. Some basic requirements might apply, such as having an existing account in the US with a balance over $100,000 and often require meeting applicants in person. Do Central Africans have to pay a commission when buying a property? The buyer pays no commissions. Real estate sales in the US stipulates that the seller pays their listing agent a commission of usually between 5% and 6% of the sales price. There is no set rule mandating how the commission should be split between the two agents (buyers agent/sellers agent), and the fee isn’t always divided evenly. Do Central Africans pay any annual taxes on property owned in the US? Real estate in the U.S. is subject to property taxes regardless of the owner's nationality. In financed transactions, annual property taxes is usually included in monthly mortgage payments. But buyers who purchase in cash must ensure that they pay any monthly or annual taxes. Property taxes vary from state to state, and even within states, but budget around 2% of the property value for your yearly taxes. Buying Luxury Real Estate in USA for Central Africans. Get access to exclusive properties for sale in the United States. They will provide you wide varieties of rental houses according to your budget and needs. Call Us For more details: (236) 2161 - 0200