Deed and Closing

Writing and Closing

In the United States, the purchase process is closed in the office of a professional called the closing agent. He is responsible for keeping the financial deposit, collecting the documents, and preparing the deed.

Even if one of the parties is not in the USA, the completion agent can complete the deal by sending and receiving documents by mail.

Heirs may have to pay 40% fees. How to avoid this?

American real estate may be in the name of one or more individuals or even companies. It is very important to know that one of the biggest headaches when it comes to real estate in the US is in the case of the death of the owner of the property. When the property is passed on to the heirs, a tax rate of at least 40% is levied on them.

Buying through a company can be a legal solution for this type of situation, because the company's shares would automatically pass to the heirs and they would become the owners of the property, without the need for surcharging.

We recommend, before signing the contract, to contact a good brokerage or investment professional to help you choose the best buying strategy.

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