Free Canadian Buyer's Guide-
Helping Canadians buy/invest in Real Estate in Arizona for over 10 years!

Firstly, this is truly unprecedented times for Canadians! Never before have we seen a time when the Canadian Dollar is PAR with the U.S. Dollar AND the housing market is down 40-60%.  This is what I call the “Canadian Perfect Storm”!    Typically there are numerous considerations on purchasing a property in Arizona.  However, with this Perfect Storm, the question isn’t “should I”, the question is, “Why haven’t I yet?”  Are you going to look back in 10 years and say “I should have” or “I could have”?   Real Estate is cyclical and despite media publications reports, the fact is that the desirable locations are 100% on their way back up!   Jan- May 2011 has seen a .06% increase in median home prices and as high as 1.2% in popular subdivisions!  Is this a huge increase? NO, but it’s not a decline for the first time in over 4 years!  So enjoy this information which has derived from 10+ Years of Helping Canadians Buy/Invest in Arizona!  Feel free to pass this on to friends, family and/or colleagues that are thinking about buying in Arizona!  I sincerely believe Canadians MAY NEVER SEE THIS ONCE IN A LIFETIME OPPORTUNITY!

** I can’t express enough that this information is provided as a general guide and all real estate transactions should be reviewed by professionals. We are not and do not claim to be accountants and/or professionals, so please use this information accordingly and consult a professional.  We have plenty of references for you.  A good majority of this information is supplied by Dale Walters, CPA, PFS with Keats, Connelly and Associates.  They are Canadian Specialists and we endorse them to help you with your questions!

We’d like to also introduce our “Canadian Investor Services”!   Not only can we help locate, negotiate and successfully close on great cash flow properties, we now have a PROPERTY MANAGEMENT DIVISION!  We have a team in place to help you find qualified tenants, prepare background checks, maintenance, house cleaning, etc.  If you have friends or family that currently own here in Arizona but need a Great Property Management Team, call our experts at 480-442-2011!

Before you get started, here are some common questions to ask yourself:

1.       What should I do first?  The very first thing you should do is determine your GOALS for purchasing a property in Arizona.  Some will be looking for return on investment, some want that vacation home they have dreamed of, some want to be close in to town, some want to escape to the desert and lay by the pool.  What do you want?

2.       What can you afford?  Are you buying cash or financing?  Are you pulling equity from your current home?  Do you need financing locally in Arizona?  I can help you determine what your options are.  Have you considered going in with another partner? 

3.       Where do you want to be?  If you don’t know Arizona, we can help describe areas but most Canadians know others with properties here.  BUT….be careful, not all people share your goals!  The 3 most important rules in real estate are, and always will be: Location, Location and Location! 

4.       How can I start my search?  You can email us at info@thehortonteam.com or visit us online at http://www.thehortonteam.com/custompages_reports/canadians_in_arizona.htm and fill out your basic criteria.  You can always call us if you prefer!  480-227-3311

Free Buyer’s Info for Canadians!  (We always recommend talking with your CPA/TAX professional as each individual situation may differ)

• Step 1- Work with a qualified TEAM of professionals including: Professional Realtor who specializes in helping Canadians, CPA/Tax Professionals (we have referrals for you), Insurance, Lenders, home inspectors and Title Companies.  If you are working with a qualified Realtor, they should have everyone in place for you!  Ask for references
• Step 2- How do I take Title?  Whose name should I put it in?  Should I use my company to buy it?  Be Careful and Talk to a Qualified Tax Professional.  It may benefit you to create an LLC (Limited Liability Corporation, Revocable trust or through personal funds.  Because Canadian and U.S. definitions and rules are different, what is good in Canada may not apply in the US and vice versa.    **You may end up paying double tax as a Canadian company because they will have to file an IRS 1120-F form for Taxation of a Foreign Company.   In addition, newly formed Single Purpose Canadian Corporations may not own real estate.  You also may want to consider using your Simple Trust or Revocable Trust if you are buying a home over $750,000.   There are pros and cons on each type of corporation, LLC, Partnerships, etc.  For more detailed information, contact a qualified Real Estate and/or Tax Professional.
• Step 3- What is FIRPTA? Withholding of Tax on Dispositions of United States Real Property Interests

	Rent | Buy Step 1 (Choose as many as you want) DC Ranch / Silverleaf Grayhawk Troon / Troon North McDowell Mountain Ranch Legend Trail Desert Mountain Pinnacle Peak All North Scottsdale Whisper Rock / Mirabel / Estancia / Desert Highlands   Other   Step 2 - Type Single Family Home Condo/ Town house Land Step 3 - Minimum Bedrooms 2 3 4 5 6 Step 4 - Minimum Baths 2 2 1/2 3 3 1/2 4 4 1/2 5 Step 5 - Minimum Square Feet --Select-- 1500 1750 2000 2250 2500 2750 3000 3250 3500 3750 4000 4250 4500 4750 5000 5000+ sq.ft. New Build also Step 6 - Year Built - Minimum --Select-- 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Step 7 - Investment range --Select-- 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000 2,250,000 2,500,000 2,750,000 3,000,000 3,000,000+ to --Select-- 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000 2,250,000 2,500,000 2,750,000 3,000,000 3,000,000+ Step 8 - Level 1 Level 2 Level Either Step 9 - Pool Yes No Either Step 10 - Time Frame Next 30 days 30 - 60 days 60 - 120 days 120 days + Email to send properties ** Phone ** First Name ** Additional Information Last Name ** (Safe, Secure, Never shared!)