Now that the Covid Pandemic has taken place, society has once again had a change of perspective – where working from home or from remote locations is now more possible then ever – people have realized they may not have to be in “ONE” location – but they can choose to live somewhere in another city, state or even country – and still have the quality of life (or better) and still work as needed.
This GLOBAL REAL ESTATE MARKET is beginning to take shape in ways our parents and grand-parents would have never imagined!
Tammy Murphy has continued to add to her designations as the market and her clients needs have shifted. Being licensed as a Realtor in 2001, she became a Broker in 2013 and opened R H 2 L as an independent brokerage in January of 2014. She serves in her local board on various committees, as well as the State Level and within the Women’s Council of Realtors organization. Her passion is helping clients to achieve their real estate dreams and needs – and she understands that life changes happen to everyone. When she personally began to explore this world outside of the continental US – she saw just how much people have in common and was thrilled to learn about new cultures and see new places. That ignited a secondary passion and she began her quest for Certified International Property Specialist (CIPS) designation, which she received in 2018. Since that time, she has traveled to France, Italy and Spain and learned about real estate along the way. Making those international connections has been paramount to her success to assist clients who are looking to move abroad, and for those looking to move to the US.
Feel free to check out information within this booklet for an idea of how the Dayton, Ohio USA market presents for your consideration. *While market data is always changing, for updated statistics or specifics you may like – please reach out to Tammy directly. +1937-838-0997 or via email [email protected]
Finding the right LENDER to make a purchase in another country can be difficult and time consuming. Knowing the general parameters of what will be needed to make financing available for your purchase is key! Owner Occupied purchase programs are being established so that a mortgage option may be available (as opposed to paying all cash). Additionally, having a lender you can use prior to making your purchase in another country, expat or other arrangements, are also limited – but in process of being developed. We will update information as available.
USA Mortgages is a lender who is positioned to assist YOU with making that international move, and if a program does not currently exist to help you, they are diligently looking to expand their portfolio offerings. Visit their website here for more information: https://www.usa-mortgages.com
ATTENTION Investors looking to make a purchase in the US – here are some important financial notes (subject to change depending on market rates*)
- Loan term 10 years with up to 30 years of amortization
- Option for first 3 years interest only
- LTV up to 70% for a refi or new purchase
- Current rates start at 5.5%
- Origination fee of 1.5% (Min $,1500) + all closing costs paid by the borrower (Appraisal, title, etc)
- Reserves (Min 3 months mortgage payments + 1-year property tax and insurance)
- Prepayment penalties in first 5 years (5%,4%,3%,2%,1%)
USA Mortgages Client Brochure can be viewed in pdf by clicking on the image below:
Here are some interesting tidbits as related to GLOBAL you might enjoy 😉
WOW!! It is a full-circle moment getting my Certified International Property Specialist (CIPS) designation officially today and knowing that the future of my travels / combined with my passion for Real Estate holds so many opportunities and adventures in store.
When your kids are in school and there are events and things going on - sometimes you have to see the opportunity to really get out there - for the sake of the kid of course 😉 My middle son had the opportunity to play Baseball during the World Sports Festival held...
While my sons and I have traveled many places, the adventure we set out to take in Ireland 2005 was certainly the one that could have caused me to stress (a little). When you are young and free - traveling is easy, you go with the flow and just make things work. ...
Does a Girls trip to Cancun count?? OF COURSE! And I've really had to think about that - was that the first time I traveled outside of the US?? Actually, I know that my mom has told me of a trip to Nova Scotia while I was very young - so young that I have no memory...
Thinking back thru my years, I have been very blessed to have "vacations" as a priority. As a young girl growing up, my family traveled once a year to take a vacation (often combined with some other activity to be efficient of course) and it lit the torch for travel...