No additional costs if you are an international buyer. I understand if you are an international buyer buying from an international seller you need to get an ITN tax number or whatever they call it.
I’ll continue this thread. I am international and the seller on the contract i am looking at, is international. I have emailed the broker and the broker tells med that I do not need an ITIN number? Only the seller of the contract needs one. But according to this thread I need one?
I am a bit confused.
Should I e-mail another broker?
Skip it entirely, or just bid on the contract and hope for the best.
I would do that too. If the broker insists then I would walk.Alright, Thank you for your answer. I think I will email the broker again insisting that they check again. Thanks again.
I would do that too. If the broker insists then I would walk.
Only time you don’t need the ITIN number is when you buy from a US citizen.
If the contract is what you want price wise, points wise etc I would go for it.so since this my first contract, do you think it’s worth the extra hassle or should I wait for a contract with a US seller?
If the contract is what you want price wise, points wise etc I would go for it.
it’s only a bit more hassle as the title company will withhold the firpta tax and ensure it will get paid.
Also I would ask or more demand that the seller pays your costs to get an ITIN number. You need to fill out some papers but that’s it.
otherwise there will be some more waiting for papers to return as most sellers tend to think that they need to go to a US embassy to get the docs notarized, unfortunately that’s not true.
I used DVCresalemarketwhich broker did you use when you bought a contract that needed ITIN?
it is a Little strange that the brokers Don’t know.
I used DVCresalemarket
Oh I would need to look that up I can't rememberThank you for your reply . And if you Don’t mind, whom at dvcresalemarket did the sale?
Oh I would need to look that up I can't remember