REAL ESTATE INDUSTRY EXPERTISE
With the development of private and commercial property ownership, real estate has become a major area of international business. Purchasing real estate requires a significant investment, and each parcel of land has unique characteristics that need to be documented for all parties to understand.
If you find a foreign buyer for your property, you may be concerned that selling to a non-U.S. citizen will complicate the closing process.
We can assign a translator with a background in this business to ensure that the specific terms and peculiarities of real estate text are correctly translated, so that you can rest assured there will be no misunderstandings.
Subject Matter Expert Translators
Link Translation can assign translators with a background in real estate to ensure that the specific terms and peculiarities of your documentation are conveyed.
“International transactions are significantly different and more complex than domestic deals,” according to the NAR’s Web site, www.realtor.org, “and working with partners who know how to handle these differences can make or break the purchase or sale.”
According to the U.S. National Association of Realtors (NAR), approximately 209,000 homes in the United States were sold to resident and nonresident foreigners between April 2015 and March 2016. Foreign buyers spent more than $100 billion on U.S. homes, and realtors who dealt with international clients reported an increase of 7 percent from last year.
“Pick the best team you can,” advises Anthony Hitt, CEO of Engel & Völkers North America, an international brokerage based in Hamburg, Germany. “Sellers are wise to look for agents who are trained in the legalities and cultural traditions that come with a foreign buyer.”
Some of the documents we translate:
Appraisals and Valuation Services
Brokerage and Facilitation Documents
Property Development Documents
Net Leasing and Agreements
Property Management Documents
Client Bank Statements
Marketing and Sales
Relocation Service Material
Corporate Real Estate Documents
Residential Real Estate Documents