What is the buying process?

Typically, the process of buying property in the US is no different to most countries, except that the cost is lower by comparison. For example, there is no Stamp Duty in the US, a massive saving comparing entry costs in Australia.
The main cost associated is the ‘Closing Cost’, (called ‘Settlement Cost’ in Australia), which can be from as little as US $1,000 depending on which market the purchase is in. Then there are the usual costs of property such as Building Inspection, Insurance, Rates and Taxes on the Property, Property Management and Accounting.

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