Comments on: Best Time for Canadians to Purchase Real Estate in the US http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/ Home Mortgage Loans Expert in Phoenix Arizona Wed, 23 Jul 2008 17:51:24 +0000 http://wordpress.org/?v=2.5.1 By: Ian Share http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-2129 Ian Share Sun, 11 May 2008 15:15:23 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-2129 I recently just completed a trip to Phoenix to look at real estate. Undoubtably your site is designed to capture some financing business. I don't need any financing. I'm more interested in helping Canadians fufill their dream of owning something in a warmer climate. I'm just releasing a 1/2 ad in Homes and Land on "Phoenix Awaits You" up here in Canada and I'm offering I'll be offering a free 5 night stay in Phoenix to whoever wants to take a look at real estate there. I have other advertising avenues that I'll be hitting along with a web site - I know it probably sound strange but it's not about the money to me it's really about trying to help Canadians fufill their dream and capitalize on this fantastic opportunity. I recently just completed a trip to Phoenix to look at real estate. Undoubtably your site is designed to capture some financing business. I don’t need any financing. I’m more interested in helping Canadians fufill their dream of owning something in a warmer climate. I’m just releasing a 1/2 ad in Homes and Land on “Phoenix Awaits You” up here in Canada and I’m offering I’ll be offering a free 5 night stay in Phoenix to whoever wants to take a look at real estate there.
I have other advertising avenues that I’ll be hitting along with a web site - I know it probably sound strange but it’s not about the money to me it’s really about trying to help Canadians fufill their dream and capitalize on this fantastic opportunity.

]]> By: Jared C http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1372 Jared C Wed, 16 Jan 2008 05:01:06 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1372 I know this post is old, but if you are canadian, and waiting to purchase property in the US... I would wait a bit longer, as prices in the US continue to drop, there will be better deals out there. Don't rush into anything just because the pictures look good... take a trip down and make sure you are getting local pricing... This is very important! I know this post is old, but if you are canadian, and waiting to purchase property in the US… I would wait a bit longer, as prices in the US continue to drop, there will be better deals out there. Don’t rush into anything just because the pictures look good… take a trip down and make sure you are getting local pricing… This is very important!

]]> By: Cheryl Watt http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1317 Cheryl Watt Sat, 05 Jan 2008 22:03:29 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1317 I can not comment on the above as I am also a Canadian looking for answers. What about Capital Gain at the end of the day when you possibly sell your US residential property. Are they going to tax you harder than an American Resident and if so how much? If they are to tax you heavily what would be the point unless it was just to have a vacation place to go? Who would have knowledge in this? A good International Real estate rep, tax specialist? I can not comment on the above as I am also a Canadian looking for answers.

What about Capital Gain at the end of the day when you possibly sell your US residential property. Are they going to tax you harder than an American Resident and if so how much? If they are to tax you heavily what would be the point unless it was just to have a vacation place to go?
Who would have knowledge in this? A good International Real estate rep, tax specialist?

]]> By: David Prescott http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1112 David Prescott Wed, 21 Nov 2007 00:59:49 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1112 Could you offer any guidance for a Canadian wishing to buy an investment American property? Which states would be best? Best rents? What about taxes? What should an investor know about property managers? What risks would be involved for absentee owners? Could you offer any guidance for a Canadian wishing to buy an investment American property?
Which states would be best?
Best rents?
What about taxes?
What should an investor know about property managers?
What risks would be involved for absentee owners?

]]> By: Shailesh Ghimire http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1105 Shailesh Ghimire Mon, 19 Nov 2007 17:17:26 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1105 Tony, Thanks for clarifying the tax issue. I was hoping someone would and you finally did. Your answer makes perfect sense. I hope the person posting the earlier reply comes back to view it. Tony,

Thanks for clarifying the tax issue. I was hoping someone would and you finally did. Your answer makes perfect sense. I hope the person posting the earlier reply comes back to view it.

]]> By: Tony Branch http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1100 Tony Branch Mon, 19 Nov 2007 00:42:14 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1100 It is true that Florida's property taxes are relatively high, and that is partly because other taxes are either non-existent or low in Florida. It is not fair to say that Florida does not like foreigners as one post suggested. Because of the Save Our Homes cap on property taxes that favors long time owners of homesteaded residences, it is not just Canadians but new home buyers, people who just arrived from other states and even from other cities in Florida that are harmed. Fortunately, there is a proposition on the ballot in January which will help fix the mess, and public pressure is such that the Legislature should change it even more markedly in the next year. Remember, most of Florida is by far the most reliably warm spot in the continental US during the winter. Along with Florida's beautiful beaches on the Atlantic and on the Gulf in the Tampa Bay area and south to Naples etc., this should continue to attract Canadian! Now indeed is the time to buy. It is true that Florida’s property taxes are relatively high, and that is partly because other taxes are either non-existent or low in Florida. It is not fair to say that Florida does not like foreigners as one post suggested. Because of the Save Our Homes cap on property taxes that favors long time owners of homesteaded residences, it is not just Canadians but new home buyers, people who just arrived from other states and even from other cities in Florida that are harmed.

Fortunately, there is a proposition on the ballot in January which will help fix the mess, and public pressure is such that the Legislature should change it even more markedly in the next year.

Remember, most of Florida is by far the most reliably warm spot in the continental US during the winter. Along with Florida’s beautiful beaches on the Atlantic and on the Gulf in the Tampa Bay area and south to Naples etc., this should continue to attract Canadian! Now indeed is the time to buy.

]]> By: Arizona Mortgage Guru » Canadians Could Make a Killing in Arizona Real Estate http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1005 Arizona Mortgage Guru » Canadians Could Make a Killing in Arizona Real Estate Mon, 05 Nov 2007 23:21:54 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-1005 [...] at parity with the US greenback, I’ve been doing some number crunching. I’ve posted on what a 250,000 USD home in Arizona looks to a Canadian. It’s all good news for a Canadian seeking to purchase some Phoenix real [...] [...] at parity with the US greenback, I’ve been doing some number crunching. I’ve posted on what a 250,000 USD home in Arizona looks to a Canadian. It’s all good news for a Canadian seeking to purchase some Phoenix real [...]

]]> By: MarkCanuck http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-979 MarkCanuck Fri, 02 Nov 2007 16:16:25 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-979 Friends of ours purchased real estate in Florida. They wish they had not because their property taxes are three times higher than that of their neighbors. Florida does not like foreigners. Friends of ours purchased real estate in Florida. They wish they had not because their property taxes are three times higher than that of their neighbors. Florida does not like foreigners.

]]> By: Arizona Mortgage Guru » Blog Archive » Phoenix Real Estate in Euro and British Pound http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-901 Arizona Mortgage Guru » Blog Archive » Phoenix Real Estate in Euro and British Pound Fri, 26 Oct 2007 22:05:45 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-901 [...] just got cheaper for Europeans wishing to buy a second home or investment property. Obtaining a home mortgage for Europeans is similar as that for Canadians.  As I did yesterday, I have graphed what a $250,000 home would cost in terms of the Euro.  This [...] [...] just got cheaper for Europeans wishing to buy a second home or investment property. Obtaining a home mortgage for Europeans is similar as that for Canadians.  As I did yesterday, I have graphed what a $250,000 home would cost in terms of the Euro.  This [...]

]]> By: Arizona Mortgage Guru » Blog Archive » Phoenix Real Estate in Canadian Dollars http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-897 Arizona Mortgage Guru » Blog Archive » Phoenix Real Estate in Canadian Dollars Fri, 26 Oct 2007 00:21:31 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-897 [...] just recieve a commitment from a Canadian company to expand its operations here, but with the fall of the American dollar homes in Phoenix just got a whole lot [...] [...] just recieve a commitment from a Canadian company to expand its operations here, but with the fall of the American dollar homes in Phoenix just got a whole lot [...]

]]> By: Shailesh Ghimire http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-895 Shailesh Ghimire Thu, 25 Oct 2007 15:41:26 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-895 Mark, To piggyback on John's comment, I use $1,200 per year for every $180,000 value in property. That is what I use to estimate the monthly taxes before we have a property. Mark,

To piggyback on John’s comment, I use $1,200 per year for every $180,000 value in property. That is what I use to estimate the monthly taxes before we have a property.

]]> By: Recent Re.net Writing Competitions: Liberal Business School Professors and Nacho Libre http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-893 Recent Re.net Writing Competitions: Liberal Business School Professors and Nacho Libre Thu, 25 Oct 2007 05:49:31 +0000 http://www.azmortgageguru.com/best-time-for-canadians-to-purchase-real-estate-in-the-us/#comment-893 [...] Shailesh Ghimire of AZ Mortgage Guru writes Best Time for Canadians to Purchase Real Estate in the U... [...] [...] Shailesh Ghimire of AZ Mortgage Guru writes Best Time for Canadians to Purchase Real Estate in the U… [...]

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