Why Homes and Condos in Philadelphia Could Have More Foreign Owners

Foreign buyers, though, should expect additional requirements aside from the typical ones. For instance, some banks may require at least $100,000 on a bank account or impose loan limits. Some lenders may also require the buyer’s passport and copies of his visa. Federal law also requires transactions of over $10,000 be duly reported for transparency. While there may be several extra steps for foreigners interested in buying Philadelphia luxury condos, realtors like Joanne Davidow are sure to treat foreign buyers fairly.

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You Need Professional Help When Investing in Condos in Philadelphia

Let's say you're looking at different premier condos in Philadelphia for rent or sale. Do you trust yourself to make a truly informed decision? How much do you really know about the market? The web may generate useful information, but that would still pale in comparison to the knowledge and expertise your real estate agent can provide.

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