A mortgage loan? Cash payment? Both?

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:

• Through a mortgage loan granted by a financial institution.
• Through a cash 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.

Martha Barros Curcio

As a seasoned Real Estate consultant & advisor, my first priority is to listen to what their needs & wants are, so I can find the best Investment for them at that specific time. 

With my work, I earn their trust & satisfaction; as a result, they send me repeated referrals business through the years.

I strive to achieve the best outcome in every transaction to ensure that the home buying / selling or Renting process is easy and stress-free. My clients  know that they can count on me at any time of the day when they have a question or concern.

I recognize and value the trust my clients place in me, therefore I strive every day to exceed their expectations, always targeting on their satisfaction while adjusting to the market current situation.