It depends on your finances and risk tolerance. You can list your current home and, once you're under contract, start making offers on your next property. Another option is to sell first and negotiate to stay for one or two months after closing through a short-term rental agreement with the buyer. It all comes down to how you prefer to manage the transition.
You’ll need between 3% and 20% for the down payment, depending on your credit and loan type. Closing costs typically range from 1.5% to 4%, depending on whether it’s a cash or financed purchase.
Yes. Foreigners can legally buy real estate in the U.S., and the entire process can be done remotely—from virtual tours to closing.
You can hire a local property management company to handle everything—rent collection, maintenance, and tenant support—while you're abroad.
You can still inspect the property and cancel within the inspection period if major issues are found. Most inspections are visual and include general, roof, HVAC, termite, and sometimes plumbing or mold. Costs range from $300 to $800, depending on the property.