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How hard is it to get a loan nowadays? And particularly for US citizens that are living overseas and not working for the US governement or a US company? Are there any additional requirements?
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Cleo Shahateet Paphos, Cyprus Property Paphos, Cyprus real estate Cyprus News & Information |
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Probably a lot of unknown variables. Are the expats retirees and have source of pension from US? Or are they working overseas for lengths of time that allow them not to have to file US Federal Tax returns? Do they have any verifiable income? Any US assets?
Likely, if they are still filing US Federal Tax returns, the lenders will recognize this. If they don't file taxes in the US, they may have to jump through hoops.
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Randy Watson Texas Real Estate Agent Mission Realty-San Antonio Real Estate San Antonio Real Estate |
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Last year they filed US tax returns but weren't going to this year but I will advise to do so. No assets in the US except bank accounts in US dollars and enough to put down a sizable deposit, good credit in US and verifiable income from overseas company account. Thanks for reponse.
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Cleo Shahateet Paphos, Cyprus Property Paphos, Cyprus real estate Cyprus News & Information |
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