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Foreign investors pour money into Miami, LA and Manhattan luxury homes Foreign buyers dropped $7.5 billion on homes in the U.S. costing over $1 million, with a major chunk of those purchases in Miami, Los.
It’s the key to every housing market turnaround. As it turns out, the Miami real estate market is getting some help in this area from foreign buyers and investors. Foreign Buyers Love Florida. Trulia, the real estate search website, recently ranked U.S. cities based on their popularity among foreign home buyers.
We’re Talking Foreign Buyers, Inventory and Pricing In "Miami Today" Riley Smith, President of The Riley Smith Group, was recently interviewed along with some other top brokers for The Miami Today newspaper regarding the Coconut Grove real estate market.
Why cash is king for buyers in this property investment market in Miami . Home buyers love cash deals too! First, cash deals can be obtained often for below-market pricing because of the value provided to the seller of a fast property sale (often "as-is"). Cash assures the seller that the property is accepted the way it is.
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Foreign buyers tend to spend more on properties in Miami than even domestic buyers. As far as superficial reasons, It’s a no brainer; there’s sunny, warm weather virtually year round, offers proximity to some of the nicest beaches in the world, is a port city, features a young, energetic nightlife, offers world class shopping and many other.
The Q Kapital Group offers Foreign National Loans in Miami and South Florida. Buy residential, commercial or investment property in the USA.
Real Estate Investment Platform.. buyers or sellers who want to maximize their real estate business.. and distressed properties in need of TLC.