A mortgage loan? Cash payment? Both?
Maria Pia McLeod
Maria Pia McLeod
The payment method to use for the purchase of a property will depend on the amount of money you have available to invest, as well as your credit reputation. The budget you have will help you choose the area, the type of land and the dimensions of your new property.
There are mainly two methods of payment:
If your option is to buy using the cash method, then you know what budget you have. However, even with the money, it is always good to consider financing, which could help you buy a more valuable property.
However, if you do not reside in the United States and want to buy a property here, there is the possibility of applying for a mortgage loan, with an initial payment that usually ranges between 25% and 50% of the total price of the property, and an average interest rate of between 5% and 7% for a 30-year term.
For people who are residents or are American citizens, these numbers change abruptly because they could buy a property only by providing an initial amount of approximately 9% and in many cases closing costs are included.
Once you are clear on the payment method you want to use, cash or loan or even cash and loan, then we can talk about the budget. This will allow you to determine the zones and types of properties to which you could have access.
Con más de 20 años de experiencia en el sector inmobiliario, María Pía McLeod es la Broker Owner de MPM Realty Group, firma especializada en atender a inversionistas internacionales y compradores en el sur de la Florida.
Licenciada en Real Estate por el Estado de la Florida y miembro de la Asociación Nacional de Realtors (NAR) y del Miami Association of Realtors (MIAMIRE), María Pía combina una sólida formación profesional con un enfoque estratégico y humano que ha marcado la diferencia para cientos de clientes.
Su trayectoria previa en sistemas y turismo internacional le aporta una visión global y práctica que se refleja en su forma de guiar a inversionistas y familias en cada transacción.
A lo largo de su carrera, ha acompañado a clientes de países como México, Ecuador, Colombia, Perú, Chile, Venezuela, Argentina y España, asesorándolos en la compra de residencias principales, propiedades vacacionales, desarrollos en pre-construcción, inversiones comerciales y de reventa.
El éxito de María Pía se basa en las relaciones de confianza que ha construido a lo largo de los años, ofreciendo un servicio personalizado, transparente y enfocado en resultados que garantizan inversiones seguras y rentables.
Where should you buy?
It is important to know where to buy, the area and its benefits. However, to select the right location it is necessary to know the budget we have. As a Real Estate Agent, I can assist you in every step of the way during the selection of the area.
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