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Peculiarities of U.S. real estate classification
Types of housing
Condominium (Condo) - a budget housing option. This is the name of the residential building for several owners. The apartments are "attached" to each other and constitute a single massive building with a plot of land, outbuildings, garages;
single-family home - a house for one family;
Multi-dwelling - multifamily house or a complex of homes that have a common area divided into lots;
townhouse - a cottage for several families with separate exits, lots, garages, and parking lots;
Mobile - house without foundation, subject to transportation if you set it on the wheels;
penthouse - a luxury urban real estate located on the roofs or upper floors of buildings;
Unit & apartment - apartment in a high-rise building (usually refers to commercial real estate);
Studio - an apartment without bedrooms; motorhome - a mobile home that can be moved around the country. America is a country of skyscrapers.
Huge 100-story high-rises filled the centers of all American cities. They present spacious, comfortable apartments with numerous bedrooms, loggias, living rooms, and separate toilets for each family member.
But the paradox is that all these high-rise structures are not residential.
Almost all such real estate is commercial california commercial real estate https://mlsworldwide.com/en/sale-united-states-california-commercial.
Offices, stores, banks, private clinics, restaurants, and other institutions occupy it. Only 15 percent of Americans live in high-rises (not as high as skyscrapers); the rest settle in private neighborhoods close to downtown. Most houses are wooden, with roofs of wood shingles or roofing felt.
The number of rooms is measured by the bedrooms, which can be from 1 to 5. One bedroom and living room are analogous to the Russian "two-bedroom." Americans consider such real estate as one-room. The number of bathrooms is usually equal to the number of bedrooms, but exceptions exist. Heating and water supply are individual for each apartment.
Features of buying property in the U.S.
During the economic crisis between 2007-2011, real estate in America became very cheap; prices fell by an average of 30% nationwide. Today the housing market is relatively stable. When buying a home in the U.S., you should pay attention to the area's safety, the availability of nearby schools, hospitals, and stores, and the quality of roads.
Buying real estate in the U.S. does not guarantee U.S. citizenship, but you can apply for a business visa. Suppose you purchase real estate worth 1 million USD and employ 5 to 10 people (e.g., hospitality industry), buying a property for renovation and subsequent resale. In that case, you can count on getting a visa EB5 or L1.
Almost all real estate transactions in America involve realtors, which can be chosen based on the state where the purchase is made. Different forms have nuances of buying and selling real estate, so the realtor chosen must have a license from the state where he works. The agent's services are completely free for the buyer; the seller of the property pays for them.
by Foxxi66 on 2022-12-01 02:57:00