Message To Foreign Investors
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| Your inquiries are welcome! Foreign ownership of land in the Antelope Valley is already very common! |
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The Antelope Valley is conveniently located to many major attractions in the Southern California area. It is only 3 hours by car to the Mexican Border. |
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You need NOT be a U.S. Citizen or resident to buy California Land.
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If you already have a real estate broker in your own country that you want to use, he can represent you. Commission split with your broker will be 50/50. |
Jim Patton is a licensed real estate broker by the State of California, NOT a land dealer. See FYI, item #8 for further information.
Purchases on terms could have monthly or quarterly payment schedules in accordance with seller's agreement.
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Monthly or quarterly payments by personal check are OK but must be denominated in US Dollars. |
| In California, property taxes are 1% of assessed value (usually the purchase price) per year. Example: A property purchased at $100,000 would have annual taxes of approximatly $1,000.
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To own land in California, all one need do is to meet his/her payment schedule to the seller and make their annual property tax payments. Land ownership has no management "headaches". |
| Failure to make payments to the seller, or failure to pay annual property taxes, could lead to the investor losing their property through a foreclosure action.
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California Escrow Law will protect the security of the buyer's funds while waiting for the transaction to close. Please see the section titled "FYI".
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