Simple & Complete Guide
Buying a Home is one of the biggest decisions you will make in your life. The process of buying and selling a house is expensive, so make sure you feel confident you’ll be in that area for the next five to seven years. Look into a local or state first-time homebuyer assistance program to help with closing costs or your down payment.
If the house is a new development and it is your first Italian home, there is no stamp duty but instead IVA will be added to the purchase price at four percent. Then the seller will have to lower their price, or you will have to pay more cash at down payment, because the lender is not going to lend more than a certain percentage of the value.
Typically, purchase offers are contingent on a home inspection of the property to check for signs of structural damage or …