International Buyers and Sellers of Orlando real estate

Buying Property in the Orlando Florida (USA) area? - Whether you’re looking to buy or sell a home or other property in the U.S., you have come to the right place. Here you can view properties for sale in the Orlando Florida area or contact us with any questions you may have. Many international real estate shoppers have used our service to purchase their vacation homes. Since our service is FREE to you and paid by the seller whether you use us or not, it only makes sense to let us help you ensure the buying process goes smoothly. With RE/MAX and Team YourOrlando.com working on your behalf, you will be enjoying your new home in Orlando Florida before you know it.

Why buy real estate in Orlando? - Orlando is a favorite destination for international real estate buyers from around the world becuase of its many attractions. Theme parks and attractions like Disney World, Sea World, Universal Studios and many others, offer a wonderful place to purchase a vacation home. From your vacation home in Orlando, you will be able to visit Disney World, Sea World, or maybe something a little different like the Kennedy Space Center (Home of the Space Shuttle), and don't forget all the nearby beaches.

Why should you buy property in the United States? - A weakened U.S. dollar and a housing downturn in some areas may have contributed to a sense of consumer pessimism in the U.S. But for foreign investors looking for a great buy for their money, the outlook is very different.

U.S. real estate is an especially attractive option for many international buyers, particularly those who live in countries where home prices are rising steadily. According to the Bureau of Labor Statistics, U.S. homes are selling at a 30 percent to 40 percent discount versus the euro right now — a statistic that virtually ensures that buyers from Europe will walk away from the closing table feeling like they got a great deal.

According the NATIONAL ASSOCIATION OF REALTORS® (NAR) Profile of International Home Buying Activity, nearly one-third of REALTORS® report having had at least one international client between April 2006 and April 2007. In Florida alone, 65 percent of real estate professionals had foreign clients in 2006; in 2005, foreign transactions accounted for 15 percent of the state’s home sales.

NAR reports that Mexico, the U.K., Canada, India and China are the top five countries from which foreign buyers hailed; the top five states in which they purchased properties are Florida, California, Texas, Arizona and New York.

Although international buyers come from all over the world and buy properties for various reasons, the typical foreign buyer is looking for a single-family home or townhouse, with the primary purpose being a vacation home.

The median sale price in 2006 was $299,500, with financing coming from a mortgage loan, and 14 percent of foreign homebuyers paid more than $750,000 for their properties.

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