This is a guide for Sellers and Buyers when selling or buying real estate. It is a great tool to educate you about the selling or buying process and also includes information on the real estate closing. State specific information about certain issues is included with the package.
Virgin Islands LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate
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Buyer's Guide. Buying a home in the US Virgin Islands is essentially the same process as in the United States. The most important step is to work with a real estate agent who specializes in the island where you want to buy property for a better grasp of your housing options in that specific market.
A home buyer's dollar goes much further on St Croix than on other Caribbean Islands. Land is reasonably priced and plentiful and by all indications the island is poised for major real estate development.
Thomas, St. John, St. Croix and Water Island?is the same as purchasing property in the United States. If you do decide to buy property in paradise, the title is handled the same and have the same guarantees and the Constitutional protections that one enjoys on the continent.
If you are an American citizen, you need NO EXTRA paperwork to visit, live in or work in the US Virgin Islands!
Located in the US Virgin Islands, St. Croix is a US territory making it an easy place for US citizens to purchase property. It also happens to be surrounded by the turquoise waters of the Caribbean Sea and white sand beaches, plus the tropical climate creates the feeling of endless summer.
The cost of living in the U.S. Virgin Islands is higher than on the U.S. mainland. On average, apartments cost $2,000 per month. A two-bedroom house costs at least $285,000. Not everyone can afford health care on the U.S. Virgin Islands.
Our trained and certified loan originators specialize in financing homes in the U.S. Virgin Islands area real estate market. We are prepared to find the right loan program with competitive rates and low down payments for you.
All persons interested in being licensed in any area of the Real Estate industry are required to sit a national and state examination. The examination is computer-based offered online, weekly, through PSI Testing Services, LLC, .psiexams.com or call 800,733.9267.