South of 49 The Canadian Guide to Buying Residential Real Estate in the United States

by McKernan, Philip; Sampson, Dan; Cunning, Mike

• ISBN13: 9780470161319
• ISBN10: 0470161310
• Edition: 1st
• Format: Hardcover
• Copyright: 2009-10-08
• Publisher: Wiley

Summary

Whether it's a lifestyle purchase or an investment, there are many factors about buying US property that many Canadian buyers understandably find confusing, or they overlook. Add to that the complexities of the new foreclosure-driven buyers' market, and buying a US property could be a recipe for disaster if you don't do your homework.

Author Biography

Philip McKernan (Vancouver, BC) is Irish-born and has traveled the world following business pursuits. Now based in Canada, he is founder and president of the real estate investment company Maple Leaf Property. He is also an in-demand speaker at various international real estate and investment forums, where he speaks to achieving personal and business goals using real estate as the primary asset class to generate long-term wealth. His investment portfolio includes properties in Ireland, the United Kingdom, France, Finland, South Africa and North America. Philip has been quoted in the press on both sides of the Atlantic on matters related to international real estate. For more information about Philip, real estate mentoring and events, see www.south of 49.com.
Dan Sampson (Vancouver, BC) and Mike Cunning (Vancouver, BC) bring a wealth of real estate knowledge to South of 49. Their combined expertise includes urban planning, building and renovation, and property conversion and management. Their investment portfolio includes both commercial and residential properties. They are experts in property analysis, proper due diligence, assembling teams of experts---lenders, lawyers and realtors---strategic financing, and negotiating and closing purchases and sales.

Table of Contents

Acknowledgments	p. vii
Introduction	p. 1
Of Risk and Reward	p. 5
Of Phoenix and Foreclosures	p. 11
Of a Team and a Dream	p. 29
Of Florida and Mount Everest	p. 43
Of Experts and Equity	p. 71
Of Ownership, Death and Taxes	p. 93
Of a California Lifestyle and a Nevada Auction	p. 121
Of Phoenix and Palm Springs, and Narrowing the Search	p. 161
Of Offers and Counter-Offers	p. 193
Of Escrow Officers and Closing the Deal	p. 217
Victory	p. 235
Epilogue	p. 243
Index	p. 249
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