Question:

I am a Canadian resident interested in buying a second home in Arizona. How do I get started?

by Guest796  |  6 years, 7 month(s) ago

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I am a Canadian resident interested in buying a second home in Arizona. How do I get started?

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  1. Guest797

     The first question you'll need to answer is, are you paying cash or financing your purchase?

    Cash- Cash is King? All things being equal, a Seller will almost always take the cash offer. That being said I am not seeing the deep cash discounts that I saw a year or so ago. With a cash transaction expect to close (it's yours) within 2-4 weeks.

    Financing-This is a little harder. A lot of the US banks are currently not lending to non-US citizens, but we can send you a list of four banks right now that are anxious for Canadian clients. We  can refer you to banks that will do loans for investment homes and second homes.

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