by Jennifer Ferri | Mar 30, 2023 | Blog, FIRPTA
Title Agents Need to Remember FIRPTA When Dealing with Properties with Foreign Sellers Across the entire nation, the U.S. has undoubtedly remained one of the top destinations for foreign home buyers with over 3 percent of all existing home sales being accounted for....
by Jennifer Ferri | Feb 23, 2018 | Closing Documents, Selling
Are you selling a home in Cape Coral or Fort Myers that has a mortgage on it? You may end up hearing the terms “Payoff” or “Payoff Letter” in the sales process of your property. This letter, issued by the lender, states a precise payoff...
by Jennifer Ferri | Sep 19, 2013 | FIRPTA, Foreign Investors, Selling
What is FIRPTA? FIRPTA is the acronym for Foreign Investment in Real Property Tax Act of 1980 that deals with the disposition of a US real property interest by a foreign person or a foreign corporation. How do I deal with a FIRPTA transaction? If the seller is a...
by Jennifer Ferri | Aug 28, 2013 | Foreign Investors
With the myriad rules and regulations governing United States real estate transactions, it is no wonder that a foreign investor or seller has questions. Sometimes the regulations make sense to investors and are similar to the laws in their home country. Other times,...
