If you're a foreign national that is wants to buy a home in the United States, a great place to start your search is, Florida, the sunshine state. Home prices are very low right now because alot of Americans got in over their heads with their mortgages and Florida is one of the states thats been affected. You can pick up some great bargains on Florida homes, to use as a second home or as an investment property, that's entirely up to you. I live in Florida and love it. It's so beautiful with the gorgeous oceans and sandy beaches. Everyone loves Florida, from the tourists to the residents, which makes it a great place to buy a home in the US. In Florida there are tourist attractions such as Universal Studios, Disneyland, Busch Gardens and of course all the beautiful beaches. Miami and Orlando are very popluar with foreign real estate buyers.

Keep in mind when you are buying a home in the US you want it to be in an area that will bounce back from the housing slump, and Florida is that area.  I just had a foreign national client pick up a condo in Miami Beach for $1mil that is appraising at $1.5mil.  There are bargains at every price range in Florida.

More than likely you will need a foreign national mortgage to buy the home.  Make sure that you have financing in place before you sign a real estate sales contract. That way you can be sure that you will have enough funds to purchase the home. A foreign national mortgage specialist will be able to answer any questions that you may have.

Have a Great Day,

Sandra Sheely