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Canadians Buying Real Estate in Arizona |
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Canadians Buying Real Estate in Arizona
Matt Horton 480-227-3311
info@thehortonteam.com
  
Why am I dedicating this page to Canadians looking for Real Estate in Scottsdale?
Let's Face it....This might be a once in a lifetime opportunity! I spoke with a VP of Scotia Bank the other day and he told me this is truly a chance of a lifetime for Canadians to invest in Arizona! The Canadian Dollar is basically PAR with the US Dollar and Scottsdale Real Estate is 40-60% off '05 prices! (though that is changing... albeit slowly!) Are you going to look back and say "I should have bought in Arizona when I had the chance"?
Here is some really great information for Canadians looking to buy in Arizona...For Free. I hope you use this information whether you use me or not! I hope you do allow me to help you and/or friends that are looking to take advantage of this "perfect storm"!
As our city grows to over 10 million in just under 35 years, supply and demand simply dictates prices will increase and a full recovery is eminent....it's just a matter of time. So read on and take advantage of this useful information!
Steps for Canadians buying Real Estate in Arizona:
1. Determine what type of property you want- Do you want a turnkey condo? A maintenance-free home? Considered loft/urban living? Many people change their mind, so think about your ideal place. It's OK not to know exactly...That is what I am here for! Many Canadians in Arizona want a safe, rentable property!
2. GET A TAX ID OR SSN- If you read just one thing, this is the one to read! If you are Canadian buying in Arizona and DON'T have a TAX ID/SSN and have to sell, you are subject to a surrender penalty of 10% of your SALE PRICE (not gain)! I strongly urge you to talk to a Tax Professional but I can tell you that ALL of my personal properties are in LLC's, which each have their own TAX ID- It's actually very easy to set up and the first thing you should do is go to http://www.irs.gov/pub/irs-pdf/fw9.pdf Again, CONSULT a tax attorney/CPA also as everyone's situation may differ!
3. Criteria- Really think about this because you will have more people visiting you than you think! Everyone will want to use your place! Family? Friends? Think about bedrooms/baths size, levels, proximity to golf/airport/restaurants and of course price. (if you are unfamiliar with the area, call me and I'll send you a map, talk about locations, etc.)
3. Who's Buying? Determine if you are buying alone or going in with others. I have many Candian clients that have combined forces with other Canadians to capitalize on the bigger homes with the largest discounts and greatest possible ROI.
4. Financing-Most of my clients are cash buyers or financing in Canada. I know most of you have huge equity in your homes since your market has gone up recently. Be smart about it and if makes, sense do it. I do have lenders here that are specialists in Foreign National programs.
5. Get listings sent to your email- The only way to really understand the market is to receive listings that match your criteria. The best way is to actually visit! Plan a trip. Many of you are coming down anyway, so wrap some searching into it.
To Get Started.....(please read!)
Fill out the form and we can go through the rest. I am not trying to "trick" you into filling out the form. If you don't want to...don't. I don't like to be sold or have some pushy person hound me. I'm here to help you make an investment. The truth is that I don't have the time or inclination to chase business by hounding someone. Those who work with me receive the best service, communication, and experience! Those who don't want the very best.... that's ok too.
All I ask is that you understand a simple fact. Every Canadian client has referred me at least 1 friend/family/business associate. There is a reason. Bottom line is that I know my business and it's taken years and years to develop; I am not bragging but very proud because it separates me from other Realtors.
So, fill out the form. I'll set you up on a free search and you'll get them automatically sent to your email. Is that as fair and honest? If so, get started! Matt Horton 480-227-3311
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