Forum Replies Created
nayone know if a foreign national can open a checking or savings account in NZ without physically being present in the country?
are there more restrictions on a foreign owner than a national? ex. on selling a property, obtaining a mortgage?
remember, slowly slowly catch a monkey
Does a foreign national need to put down a higher cash percentage to get a mortgage in New Zealand?
Are there special restrictions on foreign nationals buying property in NZ, in general, for example, after reselling the property.[mellow]
some bird dogs better than others!
I have offered a few thousand dollars to a local in an area that interests me, if he brought me something that I landed up buying. Since he lives in the area, he is “undercover”, so to speak, and I have been getting apprised of opportunities that are not on the public market. This is working for me, in conjunction with in depth study of the comps for the area, particularly the closed sales in past 6 months. Most realtors just present you with what is in the MLS, which is now publically accessible (in the States)
[aacool] feeling after getting presented an early look
[angry2] feeling after realizing seller is priced too high, and won’t budge[puke] there is a new coming wave of mortgage defaults in the US, as property market here has devalued about 15% in past 6 months, rates are rising, and most buyers in past 18 motnhs have bought with low introductory rate adjustables. Perfect storm coming, cash is king. some of the investors I know are waiting for the bottom to fall out before buying in. Will be an interesting year, for sure.
[puke] their is a new coming wave of mortgage defaults in teh US, as property market here has devalued about 15% in past 6 months, rates are rising, and most buyers in past 18 motnhs have bought with low intr rates adjustables. Perfect storm coming, cash is king. some of the investors I know are waiting for the bottom to fall out before buying in.
